Declo at a glance
- Population: 354, the 144th-largest community in Idaho out of 197 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 338 (US Census Bureau).
- 2020 to 2023 change: up about 4.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Idaho places: 144th-largest of 197 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 27% of places in Idaho rank below it by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 42.5196, -113.6287.
- Nearest larger cities: Rupert, ID (7 mi); Heyburn, ID (7 mi); Burley, ID (8 mi); Paul, ID (10 mi); Oakley, ID (23 mi); each population is a US Census Bureau estimate.
- Smaller places close by: Albion, ID (8 mi); Acequia, ID (10 mi); Minidoka, ID (18 mi) (US Census Bureau).
What a personal loan costs in Declo
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.
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 Declo
The sourced rows below are the rules a licensed lender must follow when lending in Idaho, and therefore in Declo.
| 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 Declo
Here is a short checklist for comparing personal loans in Declo:
- 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.