Personal loans in Albion, IA

Albion is one of 940 Census places in Iowa; its 441 residents put it at 462nd. The next larger city is Marshalltown, IA about 7 miles away. A lender that serves Albion operates under Iowa lending statutes and a Iowa supervisor. Pull your credit reports and line up at least three offers before you apply from Albion.

Local context for Albion

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

• Population: the Census counts 441 residents in Albion (Vintage 2023 subcounty estimate), the 462nd-largest figure among Iowa's 940 places.
• Population trend: About 1.8% below the 2020 Census base.
• Net change: roughly 8 fewer people than the 2020 Census counted.
• Size percentile: about 51% of Iowa communities are smaller than Albion (441 residents).
• Population density: about 730 people per square mile (Census land area 0.6 sq mi).
• Land area rank: Albion's 0.6 square miles rank 577th of 940 places in Iowa.
• State share: roughly 0.0% of Iowa's residents live in Albion (441 people).
• National standing: Albion ranks 13,687th of 19,457 US places.
• Growth rank: Albion's 2020-to-2023 change ranks 591st of 940 places in Iowa.
• Versus Iowa: the state average change is -0.7%, while Albion moved 1.8%.
• Density in Iowa: Albion ranks 434th by people per square mile.
• Density in context: Albion's 730 people per square mile sit against a Iowa median of 672.
• Location: mapped by the US Census Bureau at 42.1125, -92.9886.
• Nearest larger cities: Marshalltown (7 mi); Conrad (10 mi); State Center (11 mi); Le Grand (13 mi); Melbourne (13 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Nearest smaller towns: Liscomb (6 mi); Clemons (9 mi); Union (10 mi) — useful context for the surrounding area.
• Smaller neighbours: 56 places smaller than Albion sit within 50 miles.
• At 100 miles: 283 larger Census places fall inside that radius.

Albion on the map

Albion's land area is roughly 0.6 square miles, and the Gazetteer records no significant water area within it. The resulting density is about 730 people per square mile. For the state's biggest city, Des Moines, the distance is roughly 49 miles. Counting outward 50 miles, 90 larger communities surround Albion. By land area it ranks 577th of 940 Iowa places.

A pre-application checklist for Albion

Complete these steps first when you borrow in Albion (441 residents):

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Use the loan calculator to test the payment on your intended amount and term.
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. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Check that the monthly payment fits your budget next to your existing obligations.
7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

In Albion as elsewhere in Iowa, the written terms — not the advertisement — are what count for its 441 residents.

Getting a loan in Albion

At roughly 730 people per square mile, Albion is moderately settled; 90 larger places lie within 50 miles. Distance to a branch rarely matters for Albion's 441 residents: the application is online and the price follows your credit file. The nearest larger city, Marshalltown, IA about 7 miles away.

Where Albion sits in Iowa

Against Iowa's other places, Albion accounts for about 0.0% of the state's population and ranks 462nd of 940 by size. On the 2020-to-2023 trend, Albion stands 591st among Iowa's 940 places — roughly the 37th percentile. Its roughly 730 residents per square mile place it 434th among Iowa's places. Between 2020 and 2023 the count changed by roughly 8 residents.

What Iowa law requires in Albion

Below are the Iowa rules that apply to a loan made in Albion, each with the regulator that issued it.