Eddyville at a glance
- Population: 96 (US Census Bureau, Vintage 2023 subcounty estimate), the 1,236th-largest of 1,294 places in Illinois.
- 2020 Census base: 98 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down about 2.0% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Illinois places: 1,236th-largest of 1,294 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: larger than about 4% of the Census places in Illinois (US Census Bureau).
- Coordinates: 37.5002, -88.5851 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Stonefort, IL (11 mi); Golconda, IL (11 mi); New Burnside, IL (12 mi); Carrier Mills, IL (13 mi); Rosiclare, IL (14 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Simpson, IL (10 mi); Carrsville, KY (13 mi); Muddy, IL (19 mi) (Census populations).
What a personal loan costs in Eddyville
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
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.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Illinois lending rules that apply in Eddyville
Read the table as the compliance picture for a lender serving Eddyville: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Installment lender net-worth requirement | $30,000 minimum positive net worth (plus $25,000 surety bond) Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 9% annual percentage rate (general written-contract interest cap) Source says: "it shall be lawful for the parties to stipulate or agree that an annual percentage rate of 9%, or any less sum". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Payday lending status | Permitted under license; capped at 36% annual percentage rate (payday loans) Source says: "shall not contract for or receive a charge exceeding a 36% annual percentage rate ... for a payday loan". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
How to compare offers in Eddyville
These steps are the ones that most affect the offer you receive in Eddyville:
- 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 Illinois using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.