ID · LOAN-AGMT · Updated July 2026 · Free

Idaho Loan Agreement PDF

Not Attorney-ReviewedAuthor: Arjun AnnamalaiMethodology: Statutory Verification

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Idaho at a glance: Default Interest: 12% (if not written) · Maximum Written: No limit (must be written) · Governing Law: Idaho Code Title 28

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Overview

Loan Agreements in Idaho

Idaho has no statutory limit on interest rates if the rate is written and agreed to in a signed contract (Idaho Code § 28-22-104).
Key Facts

Idaho Loan Agreement — Quick Reference

RequirementIdaho Rule
Default Interest12% (if not written)
Maximum WrittenNo limit (must be written)
Governing LawIdaho Code Title 28
Legal Requirements

Idaho Legal Requirements

  • Interest rates above 12% must be specified in writing.
Governing Laws

Idaho Governing Laws

Idaho Code § 28-22-104
Rate of Interest
Defines default and maximum written interest rates.

Read the full text of these laws at Cornell Law School's Idaho legal resources or your state legislature's official website.

Questions & Answers

Idaho Loan Agreement — Frequently Asked Questions

What is the default contract interest rate in Idaho?

12% per year unless agreed in writing.