Ayrshire at a glance
- Population: 129, the 769th-largest community in Iowa out of 940 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 133 (US Census Bureau).
- 2020 to 2023 change: population fell about 3.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Iowa places: 769th of 940 by population (US Census Bureau, Vintage 2023).
- Size percentile: ahead of around 18% of Iowa places in population terms (US Census Bureau).
- Coordinates: 43.0396, -94.8340 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Ruthven, IA (7 mi); Emmetsburg, IA (9 mi); Mallard, IA (10 mi); Webb, IA (11 mi); Dickens, IA (12 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller places: Curlew, IA (6 mi); Gillett Grove, IA (10 mi); Cylinder, IA (15 mi) (US Census Bureau estimates).
What a personal loan costs in Ayrshire
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Iowa lending rules that apply in Ayrshire
The sourced rows below are the rules a licensed lender must follow when lending in Iowa, and therefore in Ayrshire.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Ayrshire
Before you commit to a personal loan in Ayrshire, work through these steps:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Iowa using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.