Ferdinand at a glance
- Population: about 142, 180th by size in Idaho of 197 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 132 residents here (US Census Bureau).
- 2020 to 2023 change: about 7.6% more residents than the 2020 Census base (US Census Bureau).
- Rank among Idaho places: 180th in population of 197 places (US Census Bureau).
- Size percentile: it exceeds roughly 9% of Idaho's Census places by population (US Census Bureau).
- Coordinates: 46.1519 / -116.3900, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Cottonwood, ID (7 mi); Craigmont, ID (7 mi); Nezperce, ID (9 mi); Winchester, ID (13 mi); Kamiah, ID (18 mi) (US Census Bureau).
- Nearest smaller places: Reubens, ID (14 mi); White Bird, ID (27 mi); Farmington, WA (72 mi) (US Census Bureau estimates).
What a personal loan costs in Ferdinand
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Idaho lending rules that apply in Ferdinand
The table lists the Idaho rules that apply to a loan made in Ferdinand, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Ferdinand
Before you share your details with a lender in Ferdinand:
- 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.