Evansdale at a glance
- Population: 4,490 — 96th in Iowa, which has 940 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 4,562 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down about 1.6% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Iowa places: 96th largest of 940 (US Census Bureau).
- Size percentile: it is larger than about 90% of the places in Iowa (US Census Bureau).
- Coordinates: it sits at 42.4657, -92.2694 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Waterloo, IA (5 mi); Cedar Falls, IA (10 mi); Independence, IA (19 mi); Waverly, IA (20 mi); Oelwein, IA (23 mi) (US Census Bureau populations).
- Smaller places close by: Elk Run Heights, IA (1 mi); Raymond, IA (2 mi); Gilbertville, IA (4 mi) (US Census Bureau).
What a personal loan costs in Evansdale
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Iowa lending rules that apply in Evansdale
The table carries the Iowa rate and licensing rules that apply to consumer loans made in Evansdale.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Evansdale
The order below is a sensible way to approach a loan in Evansdale:
- 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.