Personal loans in Bassett, IA

A personal loan taken out in Bassett, Iowa is priced from your credit file and your income, not from your address. By population, Bassett sits at 907th in Iowa, with an estimated 42 residents. Bassett shed about 2.3% of its population between the 2020 base and the 2023 estimate. Which products a lender may offer locally in Iowa follows from the state's consumer-lending framework. If debt is already a strain, a nonprofit credit counsellor can help before you take on more. The nearest larger metro is Ionia, IA about 3 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

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Borrowing in Bassett: the local picture

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

Population: a Census-estimated 42, 907th among Iowa's 940 places (Vintage 2023).
Population trend: A drop of about 2.3% from 2020 to 2023.
Size percentile: roughly 4% of Iowa's places have fewer residents.
Location: the Census Gazetteer records it at 43.0616, -92.5153.
Nearest larger cities: Ionia (3 mi); North Washington (6 mi); Colwell (8 mi); Nashua (8 mi); Charles City (8 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
Smaller communities within reach: Jackson Junction (24 mi); Owasa (56 mi); Galt (61 mi).

What Iowa law requires in Bassett

Each figure in the table below carries a publisher and a date; where the state publishes nothing, we point to the source rather than estimate.

Rule	Detail	Source
State lending regulator	Iowa Division of Banking (IDOB), Iowa Department of Insurance and Financial Services Source says: "As part of the 2023 state government realignment, the IDOB became part of a new Department of Insurance and Financial Services".	Iowa Division of Banking as of 2026-09-16
Delayed deposit fee cap	Fee cap: $15 on first $100 of check face amount; $10 on subsequent $100 increments Source says: "fifteen dollars on the first one hundred dollars ... or more than ten dollars on subsequent one hundred dollar increments".	Iowa Legislature (Iowa Code) as of 2026-09-16
Maximum legal interest rate (usury cap)	2 percentage points above the monthly average 10-year U.S. Treasury constant maturity rate (written agreements) Source says: "The maximum lawful rate of interest ... in any written agreement ... shall be two percentage points above the monthly average ten-year constant maturity interest rate".	Iowa Legislature (Iowa Code) as of 2026-09-16
Payday lending status	Permitted under license (delayed deposit services; must be physically located in Iowa) Source says: "A person shall not operate a delayed deposit services business in this state unless the person is physically located in this state and licensed by the superintendent".	Iowa Legislature (Iowa Code) as of 2026-09-16
Small-loan / installment lender licensing	Regulated Loan Act license required (superintendent of banking) Source says: "shall not engage in the business of making loans ... without first obtaining a license from the superintendent of banking".	Iowa Legislature (Iowa Code) as of 2026-09-16

What a Bassett personal loan looks like

Two numbers drive a Bassett personal loan: the APR, which includes fees, and the term, which decides how long you keep paying. Most scoring models treat rate-shopping within a focused window as one inquiry, so comparing offers early is usually safe. Borrowing is a decision to make calmly, not one to rush.

A pre-application checklist for Bassett

Work through this short checklist before committing to a personal loan in Bassett:

Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
Price the payment first with our personal loan calculator before any lender quotes you.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Confirm the lender holds a Iowa licence by checking the regulator named above.
Do not borrow more than the expense calls for, even if a lender approves a larger amount.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Bassett if my credit is poor?

Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Bassett is the same as anywhere in Iowa.

What loan size can I expect in Bassett?

Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.

Do I have to pledge anything to borrow in Bassett?

For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.

Does comparing loans in Bassett cost me credit score points?

Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Ionia, IA — population 219
Nashua, IA — population 1,503
North Washington, IA — population 108
Colwell, IA — population 57
Charles City, IA — population 7,228
Alta Vista, IA — population 217
Elma, IA — population 490
New Hampton, IA — population 3,422