Personal loans in Compton, IL

With an estimated 266 residents, Compton is the 1,038th-largest of 1,294 places in Illinois. If you are weighing a personal loan in Compton, start from the payment you can carry; its 266 residents face the same statewide rules.

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.

Verify the lender's Illinois licence against the regulator named below before borrowing in Compton. For the 266 people in Compton, Illinois runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. A 2020-to-2023 comparison shows Compton down by about 1.8%. For a bigger market, look to Paw Paw, IL about 6 miles away.

What the Census records for Compton

Only a few things actually differ by place — population, area, location, and the Illinois rules a lender must follow — and they are below.

Land, water and location for Compton

Compton's land area is roughly 0.2 square miles, and the Gazetteer records no significant water area within it. The resulting density is about 1,612 people per square mile. For the state's biggest city, Chicago, the distance is roughly 73 miles. Counting outward 50 miles, 144 larger communities surround Compton. By land area it ranks 1,249th of 1,294 Illinois places.

Illinois consumer-lending rules applied in Compton

The rows below set out what a licensed lender must follow in Illinois, and so for Compton's roughly 266 residents.

RuleDetailSource
State lending regulatorIllinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions
Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies".
Illinois Department of Financial and Professional Regulation
as of 2026-09-16
Maximum legal interest rate (usury cap)9% annual percentage rate (general written-contract interest cap)
Source says: "it shall be lawful for the parties to stipulate or agree that an annual percentage rate of 9%, or any less sum".
Illinois General Assembly (Illinois Compiled Statutes)
as of 2026-09-16
Payday lending statusPermitted under license; capped at 36% annual percentage rate (payday loans)
Source says: "shall not contract for or receive a charge exceeding a 36% annual percentage rate ... for a payday loan".
Illinois General Assembly (Illinois Compiled Statutes)
as of 2026-09-16

The anatomy of a Compton personal loan

With roughly 266 residents, Compton is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Compton's 266 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Compton loan but raises total interest, so the smallest payment is not the cheapest loan.

Borrowing reach in Compton

With about 1,612 residents per square mile, Compton is moderately settled, and 144 larger Census places sit within 50 miles. What is available to Compton's 266 borrowers is set by Illinois licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Paw Paw, IL about 6 miles away.

Compton's place among Illinois's 1,294 places

Set beside Illinois's 1,294 places, Compton ranks 1,038th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Compton ranks 527th of 1,294 in Illinois (about the 59th percentile). By density, at about 1,612 people per square mile, it ranks 328th in Illinois. The population moved by about 5 people between 2020 and 2023, a 1.8% shift.

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 Compton 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 Compton is the same as anywhere in Illinois.
What loan size can I expect in Compton?
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 Compton?
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 Compton 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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