Personal loans in Andover, IA

Andover counts about 107 people, and what is genuinely local about borrowing here is limited — Iowa law does the governing. For a community of about 107, the practical step is to compare APR across at least three lenders before committing. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Andover's 107 residents. The next larger city is Miles, IA about 6 miles away.

Andover: the sourced local profile

Here is the sourced Census picture for Andover, plus the Iowa lending rules that apply to a loan taken out here.

• Population: an estimated 107 residents, 811th of 940 places in Iowa (Census Vintage 2023 subcounty estimate).
• Population trend: Roughly 0.9% fewer residents than the 2020 Census counted.
• Net change: roughly 1 fewer people than the 2020 Census counted.
• Size percentile: Andover sits ahead of around 14% of Iowa places, at 107 people.
• Population density: 598 people per square mile on 0.2 square miles of land.
• By land area: Andover ranks 880th among Iowa's 940 places, at 0.2 sq mi.
• Share of Iowa: Andover holds about 0.0% of the state's population, some 107 people.
• National rank: Andover sits 18,007th by population among the 19,457 places in this dataset.
• Growth rank: Andover ranks 410th among Iowa's 940 places for the 2020-to-2023 change.
• State comparison: Iowa's places average -0.7% for 2020-to-2023, against Andover's 0.9%.
• Density rank: Andover places 525th among Iowa's places by people per square mile.
• Density vs Iowa: Andover's 598 people per square mile compare with a state median of 672.
• Location: it lies at 41.9801, -90.2528 in the Census Gazetteer.
• Nearest larger cities: Miles (6 mi); Goose Lake (7 mi); Sabula (7 mi); Thomson (7 mi); Preston (9 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller places close by: Spragueville (11 mi); Baldwin (31 mi); Zwingle (31 mi).
• Smaller places within 50 miles: 10 of them.
• Within 100 miles: 573 places are larger than Andover.

Land, water and location for Andover

Andover's land area is roughly 0.2 square miles, and the Gazetteer records no significant water area within it. That land carries about 598 people per square mile. For the state's biggest city, Des Moines, the distance is roughly 175 miles. Within 50 miles of Andover there are 140 larger Census places. The 100-mile radius contains 573 larger places.

How Andover compares across Iowa

Andover is the 811th-largest of 940 Census places in Iowa and contains about 0.0% of the state's people. For population change between 2020 and 2023, Andover ranks 410th of 940 in Iowa (about the 56th percentile). At about 598 people per square mile, Andover is the 525th most densely settled place in Iowa. In land area, Andover ranks 880th among Iowa's 940 places.

Borrowing reach in Andover

Andover is a moderately settled community of about 107 people, with 140 larger places inside a 50-mile radius. Whether Andover has a local branch or not, a Iowa-licensed lender can serve its 107 people online on the same terms. The nearest bigger place is Miles, IA about 6 miles away.

How personal loans work in Andover

A Andover personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 107 residents. The APR tracks your credit score rather than Andover's rank of 811th in Iowa: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Andover loan but raises total interest, so the smallest payment is not the cheapest loan.

What Iowa law requires in Andover

This table holds the Iowa rate and licensing rules for consumer loans made to Andover's 107 residents.