Superior at a glance
- Population: 127 residents, the 775th-largest of 940 places in Iowa (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 133 residents here (US Census Bureau).
- 2020 to 2023 change: a loss of about 4.5% since the 2020 count (US Census Bureau).
- Rank among Iowa places: 775th out of 940 Census places (US Census Bureau).
- Size percentile: roughly 18% of Iowa's places have fewer residents (US Census Bureau).
- Coordinates: latitude 43.4336, longitude -94.9466 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Estherville, IA (6 mi); Orleans, IA (7 mi); Spirit Lake, IA (8 mi); Terril, IA (9 mi); Okoboji, IA (10 mi) (US Census Bureau populations).
- Nearest smaller communities: Gruver, IA (13 mi); Alpha, MN (15 mi); Dolliver, IA (17 mi), each a US Census place.
What a personal loan costs in Superior
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
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 Superior
Each row below is a Iowa rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Superior
The order below is a sensible way to approach a loan in Superior:
- 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.