Personal loans in Danville, IA

A lender serving Danville holds a Iowa license and answers to a Iowa regulator, not to any city office. By population, Danville sits at 304th in Iowa, with an estimated 908 residents. Danville lost roughly 1.6% of its population across the 2020-to-2023 comparison. A lender that serves Iowa operates under that state's lending statutes and its own supervisor. Get pre-qualified with several lenders, then compare APR rather than the headline rate. Borrowers who want a bigger city can look to New London, IA about 6 miles away.

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

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Borrowing in Danville: the local picture

Only a few things actually differ by place — population, location, and the Iowa rules a lender must follow — and they are below.

Population: 908 residents; Danville is the 304th-largest of 940 places in Iowa (US Census Bureau, Vintage 2023).
Population trend: The 2020-to-2023 change is negative, near 1.6%.
Size percentile: roughly 68% of Iowa places rank below it.
Location: it lies at 40.8600, -91.3145 in the Census Gazetteer.
Nearest larger cities: New London (6 mi); West Burlington (8 mi); Burlington (11 mi); West Point (12 mi); Mediapolis (13 mi). For most borrowers the comparison happens online, not at a branch.
Smaller communities within reach: Middletown (4 mi); St. Paul (12 mi); Gulfport (13 mi).

What Iowa law requires in Danville

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
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
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

What a Danville personal loan looks like

A personal loan in Danville is an installment loan: a lump sum up front, repaid in fixed monthly payments over a set term, usually two to seven years. Compare the APR rather than the interest rate, because origination fees and sometimes prepayment penalties are folded into it. Read the full disclosure before signing; the written terms are the ones that count.

A pre-application checklist for Danville

Complete these steps first when you borrow in Danville:

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.
Write down the purpose of the loan and your repayment plan before you apply.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Danville 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 Danville is the same as anywhere in Iowa.

What loan size can I expect in Danville?

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 Danville?

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 Danville 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

Middletown, IA — population 364
New London, IA — population 1,870
West Burlington, IA — population 3,161
Burlington, IA — population 23,565
West Point, IA — population 909
Mediapolis, IA — population 1,664
St. Paul, IA — population 105
Gulfport, IL — population 37