Personal loans in Cambridge, MN

Local context for Cambridge

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

• Population: about 10,509, ranked 98th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: Up about 9.2% from the 2020 Census base to the 2023 estimate.
• Change in people: the 2020-to-2023 comparison is a gain of about 888 residents.
• Size percentile: about 89% of Minnesota's Census places are smaller than Cambridge.
• Density: the Census land area of 7.5 sq mi holds about 1,405 people per square mile.
• By land area: Cambridge ranks 133rd among Minnesota's 853 places, at 7.5 sq mi.
• Water: Cambridge holds about 0.29 square miles, the 164th-largest water area in Minnesota.
• Within Minnesota: about 0.2% of the state's population lives in Cambridge.
• National standing: Cambridge ranks 3,039th of 19,457 US places.
• Growth in Minnesota: Cambridge stands 24th by percentage change from 2020 to 2023, among 853 places.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Cambridge's 9.2%.
• Density rank: Cambridge places 155th among Minnesota's places by people per square mile.
• Density in context: Cambridge's 1,405 people per square mile sit against a Minnesota median of 607.
• Location: 45.5608, -93.2277 (Census Gazetteer coordinates).
• Nearest larger cities: North Branch (14 mi); East Bethel (14 mi); Ham Lake (21 mi); Andover (22 mi); Elk River (23 mi). For most borrowers the comparison happens online, not at a branch.
• Nearest smaller places: Isanti (5 mi); Bethel (11 mi); Braham (11 mi).
• Smaller places within 50 miles: 123 of them.
• Within 100 miles: 88 places are larger than Cambridge.

What a Cambridge borrower is actually offered

Cambridge is a small town of about 10,509 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Cambridge. The term you choose in Cambridge decides the split between a comfortable payment and the total interest you pay.

How Cambridge compares across Minnesota

Among Minnesota's 853 places, Cambridge sits at 98th for population, a share of roughly 0.2% of the state. On the 2020-to-2023 trend, Cambridge stands 24th among Minnesota's 853 places — roughly the 97th percentile. At about 1,405 people per square mile, Cambridge is the 155th most densely settled place in Minnesota. Within 50 miles sit 123 smaller Census places, alongside the 56 that are larger.

Cambridge: area, density and distance

Cambridge covers about 7.5 square miles of land, with 0.29 square miles of water inside its boundaries (Census Gazetteer). That land carries about 1,405 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 41 miles. Cambridge has 56 larger places within a 50-mile radius. The 100-mile radius contains 88 larger places.

A pre-application checklist for Cambridge

Before you apply in Cambridge, a community of about 10,509, work through these steps:

1. Get your credit reports, dispute what is wrong, and only then start shopping.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Minnesota regulator's records to confirm the lender is licensed here.
5. Keep the amount to the expense; an approval is not a reason to take more.
6. Decide the purpose and how you will repay it before approaching any lender.
7. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.

What differs between Cambridge and the rest of Minnesota is not the process but the borrower's own file, among the 10,509 people here.

The state rulebook for Cambridge

Read the table as a lender's compliance picture for Cambridge: the rule, the sourced figure, the publisher and the date.