Personal loans in Alexandria, MN

Consumer lending that reaches Alexandria's 14,943 residents is governed by Minnesota statute; no city ordinance changes it. At about 14,943 residents, Alexandria is larger than roughly 91% of the places in Minnesota. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Alexandria loan. Alexandria added about 4.1% to its population between the 2020 base and the 2023 estimate. The closest larger place is Willmar, MN about 54 miles away.

The Alexandria data picture

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

• Population: about 14,943 people live here, which puts Alexandria 73rd of 853 Census places in Minnesota (Vintage 2023).
• Population trend: Higher by roughly 4.1% since the 2020 count.
• People gained or lost: about 593 more since the 2020 base.
• Size percentile: about 91% of Minnesota communities are smaller than Alexandria (14,943 residents).
• Population density: about 869 people per square mile (Census land area 17.2 sq mi).
• By land area: Alexandria ranks 78th among Minnesota's 853 places, at 17.2 sq mi.
• Water: Alexandria holds about 0.71 square miles, the 111th-largest water area in Minnesota.
• Share of Minnesota: Alexandria holds about 0.3% of the state's population, some 14,943 people.
• National rank: Alexandria is the 2,354th most populous of the 19,457 Census places covered here.
• Growth rank: Alexandria's 2020-to-2023 change ranks 84th of 853 places in Minnesota.
• Against the state trend: Alexandria's 4.1% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: Alexandria is the 324th most densely settled place in Minnesota.
• Against the state median: Alexandria runs about 869 residents per square mile, where the Minnesota median is 607.
• Location: 45.8772, -95.3770 (Census Gazetteer coordinates).
• Nearest larger cities: Willmar (54 mi); Sartell (59 mi); St. Cloud (63 mi); Buffalo (88 mi); St. Michael (94 mi). For most borrowers the comparison happens online, not at a branch.
• Nearest smaller towns: Nelson (5 mi); Forada (6 mi); Garfield (7 mi) — useful context for the surrounding area.
• Within a 50-mile radius: 100 smaller Census places.
• Larger places within 100 miles: 10.

How Minnesota law applies in Alexandria

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

What a Alexandria borrower is actually offered

With roughly 14,943 residents, Alexandria is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. Federal Truth in Lending rules require a Alexandria lender to disclose the APR and finance charge before you sign. A longer term lowers the monthly payment on a Alexandria loan but raises total interest, so the smallest payment is not the cheapest loan.

The geography behind Alexandria

Alexandria covers about 17.2 square miles of land, with 0.71 square miles of water inside its boundaries (Census Gazetteer). The resulting density is about 869 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 120 miles. Alexandria has 0 larger places within a 50-mile radius. The 100-mile radius contains 10 larger places.

Before you apply in Alexandria

Before you hand your details to a lender in Alexandria, where the population is near 14,943:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Look the lender up in the Minnesota regulator's licence records before you sign.
5. Look for an origination fee or prepayment penalty in the written disclosure.
6. Test the payment against your current bills before you commit.
7. Pick the shortest term whose payment you can comfortably afford.

In Alexandria as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 14,943 residents.

Where Alexandria sits in Minnesota

Against Minnesota's other places, Alexandria accounts for about 0.3% of the state's population and ranks 73rd of 853 by size. On the 2020-to-2023 trend, Alexandria stands 84th among Minnesota's 853 places — roughly the 90th percentile. By density, at about 869 people per square mile, it ranks 324th in Minnesota. In land area, Alexandria ranks 78th among Minnesota's 853 places.