Personal loans in Coleraine, MN

The Coleraine data picture

Most of what governs a Coleraine loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.

• Population: 1,989 — Coleraine ranks 264th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: A loss of roughly 0.6% between 2020 and 2023.
• People gained or lost: about 13 fewer since the 2020 base.
• Size percentile: with 1,989 residents, Coleraine is larger than about 69% of Minnesota's Census places.
• Population density: about 129 people per square mile (Census land area 15.4 sq mi).
• Land area: Coleraine covers 15.4 square miles, the 89th-largest area among Minnesota's 853 places.
• Water: Coleraine holds about 0.49 square miles, the 130th-largest water area in Minnesota.
• Share of Minnesota: Coleraine holds about 0.0% of the state's population, some 1,989 people.
• National standing: Coleraine ranks 7,654th of 19,457 US places.
• Growth rank: Coleraine ranks 413th among Minnesota's 853 places for the 2020-to-2023 change.
• Versus Minnesota: the state average change is +0.1%, while Coleraine moved 0.6%.
• Density rank: Coleraine places 740th among Minnesota's places by people per square mile.
• Density vs Minnesota: Coleraine's 129 people per square mile compare with a state median of 607.
• Location: latitude 47.2587, longitude -93.4539 (Census Gazetteer).
• Nearest larger cities: Grand Rapids (4 mi); Cohasset (10 mi); Hibbing (26 mi); Chisholm (31 mi); Mountain Iron (44 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller towns nearby: La Prairie (3 mi); Bovey (4 mi); Taconite (5 mi).
• Within a 50-mile radius: 35 smaller Census places.
• Within 100 miles: 33 places are larger than Coleraine.

Borrowing reach in Coleraine

At roughly 129 people per square mile, Coleraine is lightly settled; 7 larger places lie within 50 miles. Distance to a branch rarely matters for Coleraine's 1,989 residents: the application is online and the price follows your credit file. The nearest larger city, Grand Rapids, MN about 4 miles away.

Coleraine's place among Minnesota's 853 places

Within Minnesota, Coleraine holds roughly 0.0% of all residents, the 264th-largest share among 853 places. Its 2020-to-2023 change ranks 413th of 853 Minnesota places, putting it near the 52th percentile for growth. Its roughly 129 residents per square mile place it 740th among Minnesota's places. The population moved by about 13 people between 2020 and 2023, a 0.6% shift.

How Minnesota law applies in Coleraine

This table holds the Minnesota rate and licensing rules for consumer loans made to Coleraine's 1,989 residents.

The anatomy of a Coleraine personal loan

In Coleraine, a small community of about 1,989, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Coleraine's rank of 264th in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Coleraine loan is knowable in advance — unlike a revolving card balance.

A practical checklist for Coleraine borrowers

These steps shape the offer you get in Coleraine, a place of about 1,989 people:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Verify the lender's Minnesota licence with the regulator listed on this page.
5. Look for an origination fee or prepayment penalty in the written disclosure.
6. Check that the monthly payment fits your budget next to your existing obligations.
7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

In Coleraine as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 1,989 residents.