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.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

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.

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.

RuleDetailSource
State lending regulatorMinnesota 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 statusLegal 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 licensingRegulated 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

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Claremont if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Claremont is the same as anywhere in Minnesota.
What loan size can I expect in Claremont?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Claremont?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Claremont cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

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