Personal loans in Claremont, MN
Personal loans in Claremont are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 496 population. Roughly 496 residents live in Claremont, the 496th-largest community in Minnesota.
The 2020 count to the 2023 estimate shows about 2.9% decline in Claremont. Judge Claremont offers on total cost, not on how quickly the money arrives. For a bigger market, look to Dodge Center, MN about 7 miles away. A lender that serves Claremont operates under Minnesota lending statutes and a Minnesota supervisor.
Borrowing in Claremont: the local picture
Most of what governs a Claremont loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.
- Population: about 496, ranked 496th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
- Population trend: A decline of about 2.9% across the 2020-to-2023 comparison.
- Absolute change: 15 residents lost between 2020 and 2023.
- Size percentile: roughly 42% of Minnesota places rank below Claremont.
- Land and density: 1.1 square miles of land carry roughly 461 residents per square mile.
- Land area: Claremont covers 1.1 square miles, the 478th-largest area among Minnesota's 853 places.
- State population share: Claremont accounts for about 0.0% of everyone in Minnesota.
- National rank: Claremont sits 13,202nd by population among the 19,457 places in this dataset.
- Growth rank: Claremont's 2020-to-2023 change ranks 738th of 853 places in Minnesota.
- State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Claremont's 2.9%.
- Density rank: Claremont is the 507th most densely settled place in Minnesota.
- Against the state median: Claremont runs about 461 residents per square mile, where the Minnesota median is 607.
- Location: the Census Gazetteer records it at 44.0449, -92.9972.
- Nearest larger cities: Dodge Center (7 mi); West Concord (9 mi); Owatonna (12 mi); Kasson (12 mi); Mantorville (12 mi). Living near a larger metro rarely changes what is available in Claremont.
- Smaller towns nearby: Waltham (17 mi); Sargeant (19 mi); Nerstrand (21 mi).
- Within a 50-mile radius: 46 smaller Census places.
- Within 100 miles: 369 places are larger than Claremont.
Borrowing reach in Claremont
Claremont is a lightly settled community of about 496 people, with 72 larger places inside a 50-mile radius. Whether Claremont has a local branch or not, a Minnesota-licensed lender can serve its 496 people online on the same terms. The nearest bigger place is Dodge Center, MN about 7 miles away.
The geography behind Claremont
Claremont's land area is roughly 1.1 square miles, and the Gazetteer records no significant water area within it. The resulting density is about 461 people per square mile. The largest place in Minnesota, Minneapolis, lies about 65 miles away. A 50-mile radius around Claremont takes in 72 places that are larger. The 100-mile radius contains 369 larger places.
What shapes a Claremont personal loan
In Claremont, a small community of about 496, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Claremont lender to disclose the APR and finance charge before you sign. The term you choose in Claremont decides the split between a comfortable payment and the total interest you pay.
How Claremont compares across Minnesota
Among Minnesota's 853 places, Claremont sits at 496th for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Claremont ranks 738th of 853 in Minnesota (about the 13th percentile). By density, at about 461 people per square mile, it ranks 507th in Minnesota. Within 50 miles sit 46 smaller Census places, alongside the 72 that are larger.
How Minnesota law applies in Claremont
When Minnesota does not publish a figure, the row links to the source instead of inventing a number; Claremont is bound by the same rules.
| 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 |
| Payday lending status | Legal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603) Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis" | Minnesota Department of Commerce 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 |
Common questions
What are my options in Claremont if my credit is poor?
What loan size can I expect in Claremont?
Do I have to pledge anything to borrow in Claremont?
Does comparing loans in Claremont cost me credit score points?
Nearby places
- West Concord, MN — population 841
- Dodge Center, MN — population 2,928
- Blooming Prairie, MN — population 1,952
- Hayfield, MN — population 1,356
- Kenyon, MN — population 1,878
- Owatonna, MN — population 26,534
- Kasson, MN — population 7,126
- Mantorville, MN — population 1,101