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Personal loans in Ismay, MT

A personal loan in Ismay is a fixed-payment installment loan, and the rate you are offered turns on your credit, your income and your existing debts. Ismay's Census population of roughly 19 makes it the 127th-largest of 127 places in Montana. The rate caps and licensing requirements that apply to a lender in Montana are set out in the sourced table below.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Ismay at a glance

  • Population: roughly 19 people; 127th of 127 places in Montana (Census Vintage 2023 subcounty estimate).
  • 2020 Census base: 19 people (US Census Bureau, 2020 Census count).
  • 2020 to 2023 change: stable between the 2020 base and the 2023 estimate (US Census Bureau).
  • Rank among Montana places: 127th of 127 by population (US Census Bureau, Vintage 2023).
  • Size percentile: roughly 0% of places in Montana rank below it by population (US Census Bureau).
  • Coordinates: 46.5002 / -104.7929, per the US Census Bureau Gazetteer.
  • Nearest larger cities: Plevna, MT (14 mi); Baker, MT (26 mi); Terry, MT (32 mi); Golva, ND (42 mi); Glendive, MT (42 mi) (Census populations, approximate straight-line distance).
  • Nearest smaller communities: Bucyrus, ND (100 mi); Haynes, ND (117 mi), each a US Census place.

What a personal loan costs in Ismay

A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.

Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.

Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.

Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.

Montana lending rules that apply in Ismay

Read the table as the compliance picture for a lender serving Ismay: label, sourced figure, publisher and date.

RuleDetailSource
Payday lending statusLegal; deferred deposit lenders must be licensed; fee capped at 36% per annum
Source says: "A licensee may not charge a fee for making or carrying each deferred deposit loan authorized by this part that exceeds 36% per annum"
Montana Legislative Services Division (Montana Code Annotated)
as of 2026-09-16
Small-loan / installment lender licensingConsumer loan license required under the Montana Consumer Loan Act (32-5-101); licensing through NMLS
Source says: "A consumer loan license is needed to engage in business as defined in the Montana Consumer Loan Act"
Montana Department of Administration, Division of Banking and Financial Institutions
as of 2026-09-16
State lending regulatorMontana Division of Banking and Financial Institutions (BFID), Department of Administration
Source says: "The Montana Division of Banking and Financial Institutions (Division) does all of its licensing through the Nationwide Multistate Licensing System (NMLS)."
Montana Department of Administration, Division of Banking and Financial Institutions
as of 2026-09-16
Deferred deposit loan license requirement (MCA 31-1-705)A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department
Source says: "A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department."
Montana Legislative Services Division (Montana Code Annotated)
as of 2026-09-16
Maximum legal interest rate (usury cap)Greater of 15% or prime rate + 6 percentage points per year (written agreement); regulated lenders exempt
Source says: "Parties may agree in writing to the payment of any rate of interest that does not exceed the greater of 15%"
Montana Legislative Services Division (Montana Code Annotated)
as of 2026-09-16

How to compare offers in Ismay

Before you share your details with a lender in Ismay:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Montana using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Ismay?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Ismay are the same as elsewhere in Montana.
How much can I borrow with a personal loan in Ismay?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Ismay require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Ismay hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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