Butte City at a glance
- Population: 85, the 190th-largest community in Idaho out of 197 (US Census Bureau, Vintage 2023).
- 2020 Census base: 79 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 7.6% growth over the 2020 Census base (US Census Bureau).
- Rank among Idaho places: 190th of the state's 197 Census places (US Census Bureau).
- Size percentile: ahead of around 4% of Idaho places in population terms (US Census Bureau).
- Coordinates: 43.6070 latitude, -113.2407 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Arco, ID (3 mi); Moore, ID (11 mi); Mackay, ID (28 mi); Carey, ID (41 mi); Mud Lake, ID (41 mi); US Census Bureau population estimates.
- Nearest smaller communities: Clayton, ID (73 mi); Spencer, ID (74 mi); Drummond, ID (98 mi) (Census populations).
What a personal loan costs in Butte City
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Idaho lending rules that apply in Butte City
Read the table as the compliance picture for a lender serving Butte City: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Butte City
Run through this list before signing anything in Butte City:
- 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.