Coggon at a glance
- Population: a Census-estimated 686, placing it 377th among Iowa's 940 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 704 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: roughly 2.6% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Iowa places: 377th in population of 940 places (US Census Bureau).
- Size percentile: roughly 60% of places in Iowa rank below it by population (US Census Bureau).
- Coordinates: 42.2778, -91.5299 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Central City, IA (5 mi); Center Point, IA (14 mi); Manchester, IA (15 mi); Robins, IA (16 mi); Springville, IA (16 mi); US Census Bureau population estimates.
- Smaller towns nearby: Ryan, IA (6 mi); Prairieburg, IA (6 mi); Alburnett, IA (10 mi) (US Census Bureau).
What a personal loan costs in Coggon
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
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.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Iowa lending rules that apply in Coggon
Each row below is a Iowa rule with its publisher and the date it was retrieved.
| 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 Coggon
The steps below are worth completing first when you borrow in Coggon:
- 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.