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Personal loans in Clinton, MN

Clinton is a small community of about 376 residents, and a personal loan taken out here is governed by Minnesota statute. With 376 residents, Clinton outranks about 36% of the communities in Minnesota. A larger market lies at Graceville, MN about 7 miles away. Population in Clinton dropped about 2.6% over the three years from 2020 to 2023. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Clinton's 376 residents. Rate-shopping from Clinton costs nothing at pre-qualification, where a soft pull leaves your credit file alone.

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.

Clinton: population, trend and location

Two layers matter for a Clinton borrower: the local population picture and Minnesota's consumer-lending statutes.

The geography behind Clinton

Clinton's land area is about 1.0 square miles; a further 0.09 square miles is water. With 376 residents, the land area yields roughly 393 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 158 miles away. Clinton has 22 larger places within a 50-mile radius. Within the same 50 miles lie 52 smaller Census places.

Clinton's place among Minnesota's 853 places

Against Minnesota's other places, Clinton accounts for about 0.0% of the state's population and ranks 548th of 853 by size. For population change between 2020 and 2023, Clinton ranks 694th of 853 in Minnesota (about the 19th percentile). By density, at about 393 people per square mile, it ranks 548th in Minnesota. The population moved by about 10 people between 2020 and 2023, a 2.6% shift.

The anatomy of a Clinton personal loan

With roughly 376 residents, Clinton is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Clinton's 376 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Clinton loan but raises total interest, so the smallest payment is not the cheapest loan.

How Minnesota law applies in Clinton

Minnesota has no separate rate rule for Clinton; the sourced rows below are what reach every lender that serves its 376 people.

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 ability-to-repay requirementRequired 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
Maximum legal interest rate (usury cap)6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01)
Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year"		Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16

Before you apply in Clinton

Before you hand your details to a lender in Clinton, where the population is near 376:

  1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
  2. Test your amount and term in the personal loan calculator first.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Verify the lender's Minnesota licence with the regulator listed on this page.
  5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  6. Keep the amount to the expense; an approval is not a reason to take more.
  7. Write down the purpose of the loan and your repayment plan before you apply.

None of these steps is Clinton-specific: the same Minnesota licensing and disclosure rules reach all 376 residents.

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 Clinton 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 Clinton is the same as anywhere in Minnesota.
What loan size can I expect in Clinton?
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 Clinton?
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 Clinton 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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