Personal loans in Coon Rapids, MN

The first question in Coon Rapids is not the rate on offer but whether the payment fits; about 63,377 people live here under Minnesota lending law. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Coon Rapids as from the rest of the state. Decide the purpose of the loan and your repayment plan before sharing any details with a Coon Rapids lender. The nearest larger city is Brooklyn Park, MN about 5 miles away.

Borrowing in Coon Rapids: the local picture

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

• Population: 63,377 residents; Coon Rapids is the 15th-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: Roughly 0.4% fewer residents than the 2020 Census counted.
• Net change: roughly 250 fewer people than the 2020 Census counted.
• Size percentile: bigger than about 98% of the places in Minnesota, with 63,377 residents in Coon Rapids.
• Density: the Census land area of 22.6 sq mi holds about 2,804 people per square mile.
• By land area: Coon Rapids ranks 64th among Minnesota's 853 places, at 22.6 sq mi.
• Water: Coon Rapids holds about 0.73 square miles, the 109th-largest water area in Minnesota.
• State population share: Coon Rapids accounts for about 1.3% of everyone in Minnesota.
• National rank: Coon Rapids is 601st of 19,457 places nationwide.
• Growth rank: Coon Rapids ranks 384th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Coon Rapids's 0.4% change compares with a Minnesota average of +0.1% across its 853 places.
• Density in Minnesota: Coon Rapids ranks 33rd by people per square mile.
• Density vs Minnesota: Coon Rapids's 2,804 people per square mile compare with a state median of 607.
• Location: 45.1764, -93.3115 (Census Gazetteer coordinates).
• Nearest larger cities: Brooklyn Park (5 mi); Blaine (5 mi); Maple Grove (9 mi); Plymouth (13 mi); Minneapolis (15 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller places nearby: Champlin (4 mi); Anoka (5 mi); Spring Lake Park (5 mi).
• Within a 50-mile radius: 206 smaller Census places.
• Larger places within 100 miles: 14.

Minnesota consumer-lending rules applied in Coon Rapids

Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Coon Rapids lender must follow.

The geography behind Coon Rapids

Coon Rapids's land area is about 22.6 square miles; a further 0.73 square miles is water. That land carries about 2,804 people per square mile. The largest place in Minnesota, Minneapolis, lies about 15 miles away. A 50-mile radius around Coon Rapids takes in 12 places that are larger. The 100-mile radius contains 14 larger places.

How a Coon Rapids personal loan is priced

A Coon Rapids personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 63,377 residents. A lender serving Coon Rapids's 63,377 residents must disclose the APR and finance charge in writing before you sign. Shortening the term on a Coon Rapids loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Before you apply in Coon Rapids

Before you hand your details to a lender in Coon Rapids, where the population is near 63,377:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Shop at least three lenders and judge them on APR and total cost.
4. Check the Minnesota regulator's records to confirm the lender is licensed here.
5. Test the payment against your current bills before you commit.
6. Choose a term you can live with; stretching it lowers the payment but raises total interest.
7. Keep the amount to the expense; an approval is not a reason to take more.

The process is identical across Minnesota; what changes is your credit file, not the fact that Coon Rapids holds 63,377 people.

Lender access in Coon Rapids

Coon Rapids is a fairly dense community of about 63,377 people, with 12 larger places inside a 50-mile radius. What is available to Coon Rapids's 63,377 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Brooklyn Park, MN about 5 miles away.