Richey at a glance
- Population: roughly 164 people; 111th of 127 places in Montana (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 167 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down roughly 1.8% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Montana places: the 111th-largest of 127 (US Census Bureau, 2023 estimate).
- Size percentile: about 13% of places in Montana are smaller (US Census Bureau).
- Coordinates: it sits at 47.6439, -105.0696 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Circle, MT (29 mi); Poplar, MT (33 mi); Glendive, MT (41 mi); Wolf Point, MT (41 mi); Sidney, MT (42 mi) (US Census Bureau populations).
- Nearest smaller communities: Sentinel Butte, ND (76 mi); Ismay, MT (80 mi); Flaxville, MT (80 mi) (Census populations).
What a personal loan costs in Richey
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
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.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Montana lending rules that apply in Richey
Read the table as the compliance picture for a lender serving Richey: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Montana Division of Banking and Financial Institutions (BFID), Department of Administration Source says: "The Montana Division of Banking and Financial Institutions (Division) does all of its licensing through the Nationwide Multistate Licensing System (NMLS)." | Montana Department of Administration, Division of Banking and Financial Institutions as of 2026-09-16 |
| Deferred deposit loan license requirement (MCA 31-1-705) | A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department Source says: "A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department." | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Greater of 15% or prime rate + 6 percentage points per year (written agreement); regulated lenders exempt Source says: "Parties may agree in writing to the payment of any rate of interest that does not exceed the greater of 15%" | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Payday lending status | Legal; deferred deposit lenders must be licensed; fee capped at 36% per annum Source says: "A licensee may not charge a fee for making or carrying each deferred deposit loan authorized by this part that exceeds 36% per annum" | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required under the Montana Consumer Loan Act (32-5-101); licensing through NMLS Source says: "A consumer loan license is needed to engage in business as defined in the Montana Consumer Loan Act" | Montana Department of Administration, Division of Banking and Financial Institutions as of 2026-09-16 |
How to compare offers in Richey
The order below is a sensible way to approach a loan in Richey:
- 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 Montana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.