Paul at a glance
- Population: 1,725 people, the 69th-largest place among Idaho's 197 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 1,193 residents here (US Census Bureau).
- 2020 to 2023 change: population rose about 44.6% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Idaho places: 69th largest of 197 (US Census Bureau).
- Size percentile: roughly 65% of Idaho's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 42.6043, -113.7848.
- Nearest larger cities: Heyburn, ID (3 mi); Burley, ID (5 mi); Rupert, ID (6 mi); Kimberly, ID (30 mi); Twin Falls, ID (34 mi); US Census Bureau population estimates.
- Nearest smaller towns: Declo, ID (10 mi); Acequia, ID (11 mi); Albion, ID (17 mi) — US Census Bureau populations.
What a personal loan costs in Paul
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.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Idaho lending rules that apply in Paul
The table lists the Idaho rules that apply to a loan made in Paul, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Paul
Before you commit to a personal loan in Paul, 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.