Personal loans in Braham, MN
To lend to Braham's 1,793 residents, a company must hold a Minnesota licence, and each sourced row below names the regulator behind it. Braham is home to roughly 1,793 people and stands 276th by size out of 853 Census places in Minnesota.
Braham is a small community of about 1,793 residents, and a personal loan taken out here is governed by Minnesota statute. Census figures put the 2020-to-2023 increase in Braham at about 0.4%. Use the calculator on this page to price an amount and term before you commit in Braham. A larger market lies at Rush City, MN about 10 miles away.
What the Census records for Braham
Read the local figures below as context; read the sourced Minnesota table as the rulebook a lender here must follow.
- Population: a Census-estimated 1,793, 276th among Minnesota's 853 places (Vintage 2023).
- Population trend: A rise of about 0.4% from 2020 to 2023.
- Change in people: the 2020-to-2023 comparison is a gain of about 8 residents.
- Size percentile: Braham's 1,793 people outrank roughly 68% of the places in Minnesota.
- Population density: about 1,103 people per square mile (Census land area 1.6 sq mi).
- Land area rank: Braham's 1.6 square miles rank 372nd of 853 places in Minnesota.
- Within Minnesota: about 0.0% of the state's population lives in Braham.
- National rank: Braham is 8,024th of 19,457 places nationwide.
- Growth in Minnesota: Braham stands 284th by percentage change from 2020 to 2023, among 853 places.
- Versus Minnesota: the state average change is +0.1%, while Braham moved 0.4%.
- Density in Minnesota: Braham ranks 235th by people per square mile.
- Density vs Minnesota: Braham's 1,103 people per square mile compare with a state median of 607.
- Location: latitude 45.7223, longitude -93.1722 (Census Gazetteer).
- Nearest larger cities: Rush City (10 mi); Cambridge (11 mi); Mora (12 mi); Pine City (13 mi); Isanti (16 mi). A branch is convenient; it is not what sets your APR.
- Nearest smaller towns: Grasston (5 mi); Henriette (11 mi); Harris (12 mi) — useful context for the surrounding area.
- Within a 50-mile radius: 51 smaller Census places.
- Within 100 miles: 212 places are larger than Braham.
Braham against the rest of Minnesota
Braham is the 276th-largest of 853 Census places in Minnesota and contains about 0.0% of the state's people. For population change between 2020 and 2023, Braham ranks 284th of 853 in Minnesota (about the 67th percentile). Its roughly 1,103 residents per square mile place it 235th among Minnesota's places. Within 50 miles sit 51 smaller Census places, alongside the 76 that are larger.
The anatomy of a Braham personal loan
A Braham personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 1,793 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Braham. A longer term lowers the monthly payment on a Braham loan but raises total interest, so the smallest payment is not the cheapest loan.
Minnesota rules behind a Braham personal loan
This table holds the Minnesota rate and licensing rules for consumer loans made to Braham's 1,793 residents.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota 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 |
| Small-loan / installment lender licensing | Regulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01) Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday ability-to-repay requirement | Required 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 |
Where Braham sits
Inside Braham's boundaries lie about 1.6 square miles of land, with no significant water area recorded. The resulting density is about 1,103 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 53 miles. Braham has 76 larger places within a 50-mile radius. Within the same 50 miles lie 51 smaller Census places.
Lender access in Braham
At roughly 1,103 people per square mile, Braham is moderately settled; 76 larger places lie within 50 miles. Lenders licensed in Minnesota reach Braham's 1,793 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Rush City, MN about 10 miles away.
Common questions
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Nearby places
- Grasston, MN — population 158
- Henriette, MN — population 59
- Cambridge, MN — population 10,509
- Quamba, MN — population 108
- Mora, MN — population 3,787
- Rush City, MN — population 3,344
- Harris, MN — population 1,139
- Pine City, MN — population 3,711