Personal loans in Bement, IL

By population, Bement sits at 543rd in Illinois, with an estimated 1,468 residents. The nearest larger city is Monticello, IL about 8 miles away. When Illinois caps or restricts a product, lenders either change the terms or withdraw it from Bement as from the rest of the state. For a community of about 1,468, the practical step is to compare APR across at least three lenders before committing.

Where Bement stands

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

• Population: the Census counts 1,468 residents in Bement (Vintage 2023 subcounty estimate), the 543rd-largest figure among Illinois's 1,294 places.
• Population trend: The 2020-to-2023 change is negative, near 1.1%.
• Net change: roughly 17 fewer people than the 2020 Census counted.
• Size percentile: about 58% of Illinois's Census places are smaller than Bement.
• Population density: about 1,887 people per square mile (Census land area 0.8 sq mi).
• By land area: Bement ranks 873rd among Illinois's 1,294 places, at 0.8 sq mi.
• State population share: Bement accounts for about 0.0% of everyone in Illinois.
• Nationally: Bement is the 8,762nd-largest of 19,457 Census places in the dataset.
• Growth rank: Bement's 2020-to-2023 change ranks 276th of 1,294 places in Illinois.
• Against the state trend: Bement's 1.1% change compares with a Illinois average of -2.0% across its 1,294 places.
• Density rank: Bement is the 245th most densely settled place in Illinois.
• Density vs Illinois: Bement's 1,887 people per square mile compare with a state median of 993.
• Location: latitude 39.9230, longitude -88.5724 (Census Gazetteer).
• Nearest larger cities: Monticello (8 mi); Arthur (15 mi); Tolono (17 mi); Tuscola (18 mi); Mount Zion (19 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Nearest smaller places: Ivesdale (6 mi); Hammond (8 mi); Cerro Gordo (9 mi).
• Within a 50-mile radius: 100 smaller Census places.
• Within 100 miles: 160 places are larger than Bement.

Borrowing reach in Bement

At roughly 1,887 people per square mile, Bement is moderately settled; 37 larger places lie within 50 miles. A Illinois licence lets a lender serve Bement without a local office, so branch density does not change what its 1,468 residents are offered. For a larger market, the closest option is Monticello, IL about 8 miles away.

What Illinois law requires in Bement

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

Bement in state context

Among Illinois's 1,294 places, Bement sits at 543rd for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Bement stands 276th among Illinois's 1,294 places — roughly the 79th percentile. At about 1,887 people per square mile, Bement is the 245th most densely settled place in Illinois. Between 2020 and 2023 the count changed by roughly 17 residents.

The geography behind Bement

The Census Gazetteer records about 0.8 square miles of land within Bement, with no significant water area listed. That land carries about 1,887 people per square mile. For the state's biggest city, Chicago, the distance is roughly 140 miles. Bement has 37 larger places within a 50-mile radius. The 100-mile radius contains 160 larger places.

The anatomy of a Bement personal loan

A Bement personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 1,468 residents. Because pricing is borrower-level, two people in Bement can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Bement loan but raises total interest, so the smallest payment is not the cheapest loan.