Tennant at a glance
- Population: a Census-estimated 83, placing it 843rd among Iowa's 940 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 79 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a gain of roughly 5.1% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Iowa places: 843rd largest of 940 (US Census Bureau).
- Size percentile: roughly 10% of places in Iowa rank below it by population (US Census Bureau).
- Coordinates: mapped at 41.5941, -95.4450 by the US Census Bureau Gazetteer.
- Nearest larger cities: Portsmouth, IA (5 mi); Shelby, IA (6 mi); Persia, IA (7 mi); Harlan, IA (7 mi); Westphalia, IA (9 mi); US Census Bureau population estimates.
- Nearest smaller communities: Kirkman, IA (13 mi); Buck Grove, IA (23 mi); Aspinwall, IA (27 mi), each a US Census place.
What a personal loan costs in Tennant
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
Iowa lending rules that apply in Tennant
Read the table as the compliance picture for a lender serving Tennant: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Tennant
The order below is a sensible way to approach a loan in Tennant:
- 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.