Woodburn at a glance
- Population: about 141, 747th by size in Iowa of 940 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 151 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 6.6% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Iowa places: 747th out of 940 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 21% of Iowa's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 41.0109, -93.5963.
- Nearest larger cities: Lucas, IA (7 mi); Osceola, IA (10 mi); Humeston, IA (12 mi); Garden Grove, IA (13 mi); New Virginia, IA (14 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Derby, IA (9 mi); Le Roy, IA (9 mi); Weldon, IA (11 mi) (Census populations).
What a personal loan costs in Woodburn
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Iowa lending rules that apply in Woodburn
The table lists the Iowa rules that apply to a loan made in Woodburn, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Woodburn
Run through this list before signing anything in Woodburn:
- 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.