Mud Lake at a glance
- Population: the Census estimates 352 residents, ranking 146th of 197 places in Idaho (Vintage 2023).
- 2020 Census base: 315 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up roughly 11.7% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Idaho places: the 146th-largest of 197 (US Census Bureau, 2023 estimate).
- Size percentile: about 26% of Idaho's Census places are smaller (US Census Bureau).
- Coordinates: 43.8429 latitude, -112.4795 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Roberts, ID (19 mi); Lewisville, ID (25 mi); Menan, ID (26 mi); Dubois, ID (26 mi); Rigby, ID (31 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Parker, ID (37 mi); Spencer, ID (39 mi); Butte City, ID (41 mi), each a US Census place.
What a personal loan costs in Mud Lake
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Idaho lending rules that apply in Mud Lake
Read the table as the compliance picture for a lender serving Mud Lake: label, sourced figure, publisher and 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 Mud Lake
Before you commit to a personal loan in Mud Lake, work through these steps:
- 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.