Island Park at a glance
- Population: 193 residents, the 171st-largest of 197 places in Idaho (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 194 (US Census Bureau).
- 2020 to 2023 change: down about 0.5% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Idaho places: 171st of the state's 197 Census places (US Census Bureau).
- Size percentile: roughly 13% of Idaho's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 44.5342, -111.3378.
- Nearest larger cities: West Yellowstone, MT (14 mi); Ashton, ID (32 mi); St. Anthony, ID (43 mi); Parker, ID (45 mi); Newdale, ID (47 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Drummond, ID (37 mi); Spencer, ID (43 mi); Leadore, ID (100 mi), per US Census Bureau estimates.
What a personal loan costs in Island Park
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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 Island Park
The Idaho rate caps and licensing rules that reach Island Park are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Island Park
Here is a short checklist for comparing personal loans in Island Park:
- 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.