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Personal loans in Cleveland, ND

Cleveland added about 10.9% to its population between the 2020 base and the 2023 estimate. The Census estimates 61 residents in Cleveland, which ranks it 263rd of 355 places in North Dakota. If you are weighing a personal loan in Cleveland, start from the payment you can carry; its 61 residents face the same statewide rules. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Cleveland loan. Every figure below is North Dakota's own, applied to Cleveland's 61 residents, with the publisher and retrieval date attached. The nearest larger metro is Medina, ND about 9 miles away.

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

Compare loan offers Run the numbers first

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.

Cleveland: population, trend and location

Read the local figures below as context; read the sourced North Dakota table as the rulebook a lender here must follow.

Lender access in Cleveland

At roughly 288 people per square mile, Cleveland is lightly settled; 26 larger places lie within 50 miles. Whether Cleveland has a local branch or not, a North Dakota-licensed lender can serve its 61 people online on the same terms. The nearest larger city, Medina, ND about 9 miles away.

The state rulebook for Cleveland

This table holds the North Dakota rate and licensing rules for consumer loans made to Cleveland's 61 residents.

RuleDetailSource
State lending regulatorNorth Dakota Department of Financial Institutions (NDDFI)
Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters."		North Dakota Department of Financial Institutions
as of 2026-09-16
Maximum legal interest rate (usury cap)Formula ceiling: 6-month U.S. Treasury bill average + 5.5 percentage points, never less than 7%; NDDFI-published rate for September 2026: 9.204%.
Source says: "The rate is equal to five and one-half percent (5.5%) higher than the current cost of money" and "the maximum allowable interest rate ceiling may not be less than seven (7) percent" (NDDFI Usury Rate page; September 2026 rate 9.204%).		North Dakota Department of Financial Institutions
as of 2026-09-16
Payday lending statusLegal for licensed deferred presentment service providers; fee capped at 20% of amount advanced; max $500 per transaction; $600 aggregate outstanding per customer.
Source says: "A licensee may charge a fee for the deferred presentment service, not to exceed twenty percent of the amount paid to the customer" (N.D.C.C. 13-08-12); "may not disburse more than five hundred dollars to the customer in a deferred presentment service transaction" (13-08-12.3).		North Dakota Legislative Branch
as of 2026-09-16

The geography behind Cleveland

Cleveland's land area is roughly 0.2 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 288 residents per square mile. The largest place in North Dakota, Fargo, lies about 108 miles away. Counting outward 50 miles, 26 larger communities surround Cleveland. Within the same 50 miles lie 13 smaller Census places.

What a Cleveland borrower is actually offered

In Cleveland, a small community of about 61, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Cleveland's 61 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Cleveland loan is knowable in advance — unlike a revolving card balance.

Cleveland's place among North Dakota's 355 places

Cleveland is the 263rd-largest of 355 Census places in North Dakota and contains about 0.0% of the state's people. For population change between 2020 and 2023, Cleveland ranks 7th of 355 in North Dakota (about the 98th percentile). At about 288 people per square mile, Cleveland is the 198th most densely settled place in North Dakota. The population moved by about 6 people between 2020 and 2023, a 10.9% shift.

Compare personal loan offers Run the numbers first

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 Cleveland 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 Cleveland is the same as anywhere in North Dakota.
What loan size can I expect in Cleveland?
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 Cleveland?
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 Cleveland 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.

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