Burlington at a glance
- Population: about 23,565, 24th by size in Iowa of 940 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 23,988 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 1.8% below the 2020 Census base (US Census Bureau).
- Rank among Iowa places: 24th by size among 940 communities (US Census Bureau).
- Size percentile: it is larger than about 97% of the places in Iowa (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 40.8071, -91.1237.
- Nearest larger cities: Galesburg, IL (40 mi); Rock Island, IL (54 mi); Moline, IL (57 mi); Davenport, IA (58 mi); Quincy, IL (62 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Gulfport, IL (2 mi); West Burlington, IA (3 mi); Middletown, IA (7 mi) (Census populations).
What a personal loan costs in Burlington
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Iowa lending rules that apply in Burlington
The sourced rows below are the rules a licensed lender must follow when lending in Iowa, and therefore in Burlington.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Burlington
Before you share your details with a lender in Burlington:
- 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.