Personal loans in Akeley, MN

Akeley gained roughly 5.5% in population across the 2020-to-2023 comparison. Read the disclosure for an origination fee and any prepayment penalty before signing in Akeley. Which products a lender may offer to Akeley's 424 residents follows from the Minnesota consumer-lending framework. The closest larger place is Walker, MN about 9 miles away.

Akeley by the numbers

What follows is Akeley's place in the Census record, alongside the Minnesota rules that govern a personal loan made here.

• Population: 424 people, a figure that places Akeley 523rd among the 853 Census places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is positive, near 5.5%.
• Absolute change: 22 residents added between 2020 and 2023.
• Size percentile: about 39% of Minnesota communities are smaller than Akeley (424 residents).
• Population density: 289 people per square mile on 1.5 square miles of land.
• Land area: Akeley covers 1.5 square miles, the 396th-largest area among Minnesota's 853 places.
• Water: Akeley holds about 0.03 square miles, the 334th-largest water area in Minnesota.
• State share: roughly 0.0% of Minnesota's residents live in Akeley (424 people).
• National rank: Akeley is 13,838th of 19,457 places nationwide.
• Growth rank: Akeley's 2020-to-2023 change ranks 63rd of 853 places in Minnesota.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Akeley's 5.5%.
• Density in Minnesota: Akeley ranks 622nd by people per square mile.
• Against the state median: Akeley runs about 289 residents per square mile, where the Minnesota median is 607.
• Location: coordinates 47.0004, -94.7282 (US Census Bureau Gazetteer).
• Nearest larger cities: Walker (9 mi); Park Rapids (17 mi); Menahga (25 mi); Pine River (25 mi); Cass Lake (27 mi). Living near a larger metro rarely changes what is available in Akeley.
• Smaller towns nearby: Nevis (6 mi); Hackensack (11 mi); Laporte (15 mi).
• Smaller neighbours: 24 places smaller than Akeley sit within 50 miles.
• Within 100 miles: 105 places are larger than Akeley.

Minnesota rules behind a Akeley personal loan

Below are the Minnesota rules that apply to a loan made in Akeley, each with the regulator that issued it.

How personal loans work in Akeley

Most loans made to Akeley's 424 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Akeley's rank of 523rd in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Akeley decides the split between a comfortable payment and the total interest you pay.

The geography behind Akeley

The Census Gazetteer records 1.5 square miles of land and 0.03 square miles of water within Akeley. Spread across it are roughly 289 residents per square mile. The state's population centre of gravity, Minneapolis, is roughly 157 miles away. Within 50 miles of Akeley there are 27 larger Census places. The 100-mile radius contains 105 larger places.

How Akeley compares across Minnesota

Against Minnesota's other places, Akeley accounts for about 0.0% of the state's population and ranks 523rd of 853 by size. On the 2020-to-2023 trend, Akeley stands 63rd among Minnesota's 853 places — roughly the 93th percentile. By density, at about 289 people per square mile, it ranks 622nd in Minnesota. In land area, Akeley ranks 396th among Minnesota's 853 places.

Steps to take before a Akeley loan

Before you apply in Akeley, a community of about 424, work through these steps:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Make sure the lender appears in the Minnesota regulator's licence list.
5. Make sure the new payment leaves room in a budget you already keep.
6. Choose a term you can live with; stretching it lowers the payment but raises total interest.
7. Borrow only what the purpose requires, not the maximum you are offered.

The process is identical across Minnesota; what changes is your credit file, not the fact that Akeley holds 424 people.