Bennett at a glance
- Population: a Census-estimated 335, placing it 540th among Iowa's 940 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 348 residents here (US Census Bureau).
- 2020 to 2023 change: about 3.7% lower than the 2020 Census base (US Census Bureau).
- Rank among Iowa places: the 540th-largest of 940 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 43% of Iowa places in population terms (US Census Bureau).
- Coordinates: 41.7398, -90.9736 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Tipton, IA (8 mi); Lowden, IA (9 mi); Wheatland, IA (10 mi); Durant, IA (10 mi); Wilton, IA (11 mi) (US Census Bureau).
- Nearest smaller communities: New Liberty, IA (5 mi); Dixon, IA (10 mi); Stockton, IA (12 mi), each a US Census place.
What a personal loan costs in Bennett
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Iowa lending rules that apply in Bennett
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Bennett
The steps below are worth completing first when you borrow in Bennett:
- 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.