Burley at a glance
- Population: the Census estimates 12,146 residents, ranking 23rd of 197 places in Idaho (Vintage 2023).
- 2020 Census base: the 2020 count put the population at 11,723 (US Census Bureau).
- 2020 to 2023 change: about 3.6% more residents than the 2020 Census base (US Census Bureau).
- Rank among Idaho places: 23rd largest of 197 (US Census Bureau).
- Size percentile: it exceeds roughly 88% of Idaho's Census places by population (US Census Bureau).
- Coordinates: 42.5374, -113.7913 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Twin Falls, ID (34 mi); Jerome, ID (39 mi); Pocatello, ID (71 mi); Chubbuck, ID (73 mi); Blackfoot, ID (86 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Heyburn, ID (2 mi); Paul, ID (5 mi); Rupert, ID (8 mi) (Census populations).
What a personal loan costs in Burley
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Idaho lending rules that apply in Burley
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Burley
These steps are the ones that most affect the offer you receive in Burley:
- 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.