Murtaugh at a glance
- Population: the Census estimates 121 residents, ranking 182nd of 197 places in Idaho (Vintage 2023).
- 2020 Census base: 116 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: roughly 4.3% higher than at the 2020 Census (US Census Bureau).
- Rank among Idaho places: the 182nd-largest of 197 (US Census Bureau, 2023 estimate).
- Size percentile: it exceeds roughly 8% of Idaho's Census places by population (US Census Bureau).
- Coordinates: 42.4917, -114.1623 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Hazelton, ID (7 mi); Hansen, ID (8 mi); Eden, ID (8 mi); Kimberly, ID (11 mi); Twin Falls, ID (16 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Minidoka, ID (39 mi); Butte City, ID (90 mi); Oxford, ID (111 mi) (Census populations).
What a personal loan costs in Murtaugh
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Idaho lending rules that apply in Murtaugh
The table carries the Idaho rate and licensing rules that apply to consumer loans made in Murtaugh.
| 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 Murtaugh
Before you share your details with a lender in Murtaugh:
- 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.