Templeton at a glance
- Population: 341 residents, the 535th-largest of 940 places in Iowa (US Census Bureau, Vintage 2023).
- 2020 Census base: 350 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 2.6% lower than the 2020 Census base (US Census Bureau).
- Rank among Iowa places: 535th largest of 940 (US Census Bureau).
- Size percentile: roughly 43% of Iowa's places have fewer residents (US Census Bureau).
- Coordinates: it sits at 41.9181, -94.9407 in the US Census Bureau Gazetteer.
- Nearest larger cities: Manning, IA (6 mi); Carroll, IA (11 mi); Arcadia, IA (13 mi); Coon Rapids, IA (14 mi); Audubon, IA (14 mi); each population is a US Census Bureau estimate.
- Smaller places close by: Gray, IA (6 mi); Dedham, IA (6 mi); Halbur, IA (6 mi) (US Census Bureau).
What a personal loan costs in Templeton
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Iowa lending rules that apply in Templeton
The Iowa rate caps and licensing rules that reach Templeton are listed below, each with its source and retrieval date.
| 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 Templeton
These steps are the ones that most affect the offer you receive in Templeton:
- 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.