Ricketts at a glance
- Population: 105 residents, the 812th-largest of 940 places in Iowa (US Census Bureau, Vintage 2023).
- 2020 Census base: 109 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down about 3.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Iowa places: 812th out of 940 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 14% of Iowa's Census places by population (US Census Bureau).
- Coordinates: mapped at 42.1280, -95.5749 by the US Census Bureau Gazetteer.
- Nearest larger cities: Charter Oak, IA (4 mi); Schleswig, IA (8 mi); Ute, IA (9 mi); Danbury, IA (11 mi); Mapleton, IA (11 mi); US Census Bureau population estimates.
- Smaller places close by: Arion, IA (14 mi); Buck Grove, IA (17 mi); Castana, IA (18 mi) (US Census Bureau).
What a personal loan costs in Ricketts
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Iowa lending rules that apply in Ricketts
Each row below is a Iowa rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Iowa Division of Banking (IDOB), Iowa Department of Insurance and Financial Services Source says: "As part of the 2023 state government realignment, the IDOB became part of a new Department of Insurance and Financial Services". | Iowa Division of Banking as of 2026-09-16 |
| Delayed deposit fee cap | Fee cap: $15 on first $100 of check face amount; $10 on subsequent $100 increments Source says: "fifteen dollars on the first one hundred dollars ... or more than ten dollars on subsequent one hundred dollar increments". | Iowa Legislature (Iowa Code) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 2 percentage points above the monthly average 10-year U.S. Treasury constant maturity rate (written agreements) Source says: "The maximum lawful rate of interest ... in any written agreement ... shall be two percentage points above the monthly average ten-year constant maturity interest rate". | Iowa Legislature (Iowa Code) as of 2026-09-16 |
| Payday lending status | Permitted under license (delayed deposit services; must be physically located in Iowa) Source says: "A person shall not operate a delayed deposit services business in this state unless the person is physically located in this state and licensed by the superintendent". | Iowa Legislature (Iowa Code) as of 2026-09-16 |
| Small-loan / installment lender licensing | Regulated Loan Act license required (superintendent of banking) Source says: "shall not engage in the business of making loans ... without first obtaining a license from the superintendent of banking". | Iowa Legislature (Iowa Code) as of 2026-09-16 |
How to compare offers in Ricketts
Before you commit to a personal loan in Ricketts, 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 Iowa using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.