Personal loans in Donahue, IA

The roughly 336 people who live in Donahue borrow under Iowa rules; city hall sets no personal-loan rate. A single loan can carry different costs on either side of a state line, and Donahue sits on the Iowa side of that line. With 336 residents, Donahue outranks about 43% of the communities in Iowa. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Donahue loan. Donahue added about 0.6% to its population between the 2020 base and the 2023 estimate. The next larger city is Long Grove, IA about 5 miles away.

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

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.

Where Donahue stands

The figures below are Donahue's own — Census population, land area and coordinates — followed by the Iowa rules.

The anatomy of a Donahue personal loan

Most loans made to Donahue's 336 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Donahue. Because the payment is fixed, the total cost of a Donahue loan is knowable in advance — unlike a revolving card balance.

How Donahue compares across Iowa

Within Iowa, Donahue holds roughly 0.0% of all residents, the 539th-largest share among 940 places. Its 2020-to-2023 change ranks 180th of 940 Iowa places, putting it near the 81th percentile for growth. At about 946 people per square mile, Donahue is the 296th most densely settled place in Iowa. By land area, its 0.4 square miles rank 757th of 940 places in Iowa.

What to do before borrowing in Donahue

Before you apply in Donahue, a community of about 336, work through these steps:

  1. Get your credit reports, dispute what is wrong, and only then start shopping.
  2. Test your amount and term in the personal loan calculator first.
  3. Collect three or more offers and compare them on APR, not on the advertised rate.
  4. Make sure the lender appears in the Iowa regulator's licence list.
  5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  6. Borrow only what the purpose requires, not the maximum you are offered.
  7. Be clear on what the loan is for and how it gets repaid.

The process is identical across Iowa; what changes is your credit file, not the fact that Donahue holds 336 people.

What Iowa law requires in Donahue

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

RuleDetailSource
State lending regulatorIowa 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 capFee 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

Getting a loan in Donahue

Donahue is a moderately settled community of about 336 people, with 110 larger places inside a 50-mile radius. Lenders licensed in Iowa reach Donahue's 336 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Long Grove, IA about 5 miles away.

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.

Common questions

What are my options in Donahue 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 Donahue is the same as anywhere in Iowa.
What loan size can I expect in Donahue?
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 Donahue?
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 Donahue 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.

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