Personal loans in Rake, IA

Rake counts about 182 people, and what is genuinely local about borrowing here is limited — Iowa law does the governing. The trend for Rake between 2020 and 2023 is downward by roughly 2.2%. Compare APR, not the interest rate, because the APR folds in most fees on a Rake loan. Borrowers who want a bigger city can look to Buffalo Center, IA about 6 miles away.

Local context for Rake

Rake is a small community; the notes below cover its population profile and the statewide rules that apply.

• Population: a Census-estimated 182, 685th among Iowa's 940 places (Vintage 2023).
• Population trend: A loss of roughly 2.2% between 2020 and 2023.
• People gained or lost: about 4 fewer since the 2020 base.
• Size percentile: roughly 27% of Iowa's places have fewer residents than Rake's 182.
• Density: roughly 241 residents per square mile, spread over 0.8 sq mi of land.
• Land area rank: Rake's 0.8 square miles rank 498th of 940 places in Iowa.
• Share of state population: Rake's 182 residents are about 0.0% of Iowa.
• National rank: Rake is 16,758th of 19,457 places nationwide.
• Growth in Iowa: Rake stands 664th by percentage change from 2020 to 2023, among 940 places.
• Versus Iowa: the state average change is -0.7%, while Rake moved 2.2%.
• Density rank: Rake is the 786th most densely settled place in Iowa.
• Against the state median: Rake runs about 241 residents per square mile, where the Iowa median is 672.
• Location: it lies at 43.4806, -93.9197 in the Census Gazetteer.
• Nearest larger cities: Buffalo Center (6 mi); Frost (7 mi); Bricelyn (8 mi); Elmore (9 mi); Thompson (11 mi). A branch is convenient; it is not what sets your APR.
• Smaller towns nearby: Ledyard (13 mi); Walters (15 mi); Scarville (15 mi).
• Within a 50-mile radius: 27 smaller Census places.
• Within 100 miles: 374 places are larger than Rake.

A pre-application checklist for Rake

A sensible order of operations for a loan in Rake, home to about 182 people:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Iowa regulator's records to confirm the lender is licensed here.
5. Keep the amount to the expense; an approval is not a reason to take more.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.

None of these steps is Rake-specific: the same Iowa licensing and disclosure rules reach all 182 residents.

Where Rake sits

The Census Gazetteer records about 0.8 square miles of land within Rake, with no significant water area listed. The resulting density is about 241 people per square mile. For the state's biggest city, Des Moines, the distance is roughly 133 miles. Rake has 91 larger places within a 50-mile radius. The 100-mile radius contains 374 larger places.

Inside a Rake personal loan

With roughly 182 residents, Rake is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Two numbers drive a Rake loan: the APR, which includes fees, and the term, which decides how long you keep paying. Because the payment is fixed, the total cost of a Rake loan is knowable in advance — unlike a revolving card balance.

Borrowing reach in Rake

With about 241 residents per square mile, Rake is lightly settled, and 91 larger Census places sit within 50 miles. Whether Rake has a local branch or not, a Iowa-licensed lender can serve its 182 people online on the same terms. The nearest bigger place is Buffalo Center, IA about 6 miles away.

The Iowa lending rules that reach Rake

For the roughly 182 residents of Rake, the rules below are Iowa's own; each row carries its publisher and retrieval date.