Personal loans in Promise City, IA

Where Promise City stands

Set out below is Promise City's local context next to the state-level rules that reach every lender here.

• Population: 91 people, a figure that places Promise City 833rd among the 940 Census places in Iowa (US Census Bureau, Vintage 2023).
• Population trend: Up about 1.1% from the 2020 Census base to the 2023 estimate.
• Change in people: the 2020-to-2023 comparison is a gain of about 1 residents.
• Size percentile: roughly 11% of Iowa places rank below Promise City.
• Density: the Census land area of 0.2 sq mi holds about 495 people per square mile.
• By land area: Promise City ranks 878th among Iowa's 940 places, at 0.2 sq mi.
• Share of state population: Promise City's 91 residents are about 0.0% of Iowa.
• National rank: Promise City is 18,288th of 19,457 places nationwide.
• Growth rank: Promise City's 2020-to-2023 change ranks 139th of 940 places in Iowa.
• State comparison: Iowa's places average -0.7% for 2020-to-2023, against Promise City's 1.1%.
• Density rank: Promise City places 609th among Iowa's places by people per square mile.
• Against the state median: Promise City runs about 495 residents per square mile, where the Iowa median is 672.
• Location: mapped by the US Census Bureau at 40.7476, -93.1483.
• Nearest larger cities: Seymour (5 mi); Corydon (9 mi); Mystic (11 mi); Allerton (12 mi); Cincinnati (14 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller places close by: Plano (5 mi); Numa (10 mi); Millerton (11 mi).
• Smaller neighbours: 25 places smaller than Promise City sit within 50 miles.
• Within 100 miles: 375 places are larger than Promise City.

How a Promise City personal loan is priced

Promise City is a small community of about 91 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Promise City's rank of 833rd in Iowa: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Promise City loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Promise City in state context

Against Iowa's other places, Promise City accounts for about 0.0% of the state's population and ranks 833rd of 940 by size. For population change between 2020 and 2023, Promise City ranks 139th of 940 in Iowa (about the 85th percentile). By density, at about 495 people per square mile, it ranks 609th in Iowa. By land area, its 0.2 square miles rank 878th of 940 places in Iowa.

Promise City: area, density and distance

Inside Promise City's boundaries lie about 0.2 square miles of land, with no significant water area recorded. That land carries about 495 people per square mile. The state's population centre of gravity, Des Moines, is roughly 62 miles away. A 50-mile radius around Promise City takes in 80 places that are larger. Within the same 50 miles lie 25 smaller Census places.

Which Iowa laws govern a loan in Promise City

This table holds the Iowa rate and licensing rules for consumer loans made to Promise City's 91 residents.

Before you apply in Promise City

Before you apply in Promise City, a community of about 91, work through these steps:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Confirm the lender holds a Iowa licence by checking the regulator named above.
5. Decide the purpose and how you will repay it before approaching any lender.
6. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
7. Check the disclosure for fees that raise the true cost above the quoted rate.

In Promise City as elsewhere in Iowa, the written terms — not the advertisement — are what count for its 91 residents.