Shoshone at a glance
- Population: 1,725, the 70th-largest community in Idaho out of 197 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 1,657 (US Census Bureau).
- 2020 to 2023 change: a gain of roughly 4.1% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Idaho places: 70th by size among 197 communities (US Census Bureau).
- Size percentile: roughly 64% of places in Idaho rank below it by population (US Census Bureau).
- Coordinates: 42.9362, -114.4047 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Gooding, ID (16 mi); Jerome, ID (16 mi); Wendell, ID (19 mi); Twin Falls, ID (26 mi); Filer, ID (28 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Dietrich, ID (7 mi); Richfield, ID (15 mi); Eden, ID (25 mi) — US Census Bureau populations.
What a personal loan costs in Shoshone
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Idaho lending rules that apply in Shoshone
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Idaho Department of Finance (IDOF) Source says: "Safeguarding the financial health of Idahoans through the appropriate oversight of diverse financial institutions, the education and protection of consumers". | Idaho Department of Finance as of 2026-09-16 |
| Idaho Credit Code finance-charge rule | No statutory maximum finance-charge rate — rate as agreed by the parties (Idaho Credit Code) Source says: "the rate of finance charge shall be that which is agreed upon between the parties to the transaction". | Idaho State Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum legal rate (when no written contract fixes a different rate) Source says: "interest is allowed at the rate of twelve cents (12¢) on the hundred by the year". | Idaho State Legislature as of 2026-09-16 |
| Payday lending status | Permitted under license (payday loan license required) Source says: "No person shall engage in the business of payday loans ... without having first obtained a license under this chapter". | Idaho State Legislature as of 2026-09-16 |
| Small-loan / installment lender licensing | Regulated Lenders License required (regulated consumer loans) Source says: "unless a person is exempt ... he shall not engage in the business of: (a) Making regulated consumer loans". | Idaho State Legislature as of 2026-09-16 |
How to compare offers in Shoshone
Before you share your details with a lender in Shoshone:
- 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 Idaho using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.