Personal loans in Aldrich, MN

In Aldrich, one of 853 Census places in Minnesota, the figure to compare across lenders is the APR, not the advertised rate. Aldrich ranks 841st of 853 places in Minnesota, with a population near 34.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Aldrich's population was effectively unchanged from the 2020 count to the 2023 estimate. Use the calculator on this page to price an amount and term before you commit in Aldrich. The closest larger place is Verndale, MN about 4 miles away. For the 34 people in Aldrich, Minnesota runs its own consumer-lending licensing, and the sourced table below lists the figures that apply.

Borrowing in Aldrich: the local picture

Most of what governs a Aldrich loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.

Aldrich's place among Minnesota's 853 places

Within Minnesota, Aldrich holds roughly 0.0% of all residents, the 841st-largest share among 853 places. On the 2020-to-2023 trend, Aldrich stands 352nd among Minnesota's 853 places — roughly the 59th percentile. At about 69 people per square mile, Aldrich is the 803rd most densely settled place in Minnesota. By land area, its 0.5 square miles rank 697th of 853 places in Minnesota.

Land, water and location for Aldrich

The Census Gazetteer records about 0.5 square miles of land within Aldrich, with no significant water area listed. That land carries about 69 people per square mile. Minneapolis, the largest place in Minnesota, is about 127 miles from Aldrich. A 50-mile radius around Aldrich takes in 91 places that are larger. Within the same 50 miles lie 0 smaller Census places.

Inside a Aldrich personal loan

Most loans made to Aldrich's 34 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Two numbers drive a Aldrich loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Aldrich loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

How lenders reach Aldrich

Aldrich is sparsely settled, with about 69 people per square mile and 91 larger places within 50 miles. A Minnesota licence lets a lender serve Aldrich without a local office, so branch density does not change what its 34 residents are offered. For a larger market, the closest option is Verndale, MN about 4 miles away.

Which Minnesota laws govern a loan in Aldrich

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

RuleDetailSource
State lending regulatorMinnesota Department of Commerce (commissioner of commerce)
Source says: ""Commissioner" means the commissioner of commerce"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Payday ability-to-repay requirementRequired for payday loans with an APR above 36% (Minn. Stat. § 47.603)
Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent."
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Maximum legal interest rate (usury cap)6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01)
Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Aldrich if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Aldrich is the same as anywhere in Minnesota.
What loan size can I expect in Aldrich?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Aldrich?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Aldrich cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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