Personal loans in Croswell, MI
With an estimated 2,296 residents, Croswell is the 233rd-largest of 533 places in Michigan. Personal loans in Croswell are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 2,296 population. Compare APR, not the interest rate, because the APR folds in most fees on a Croswell loan. State law, not city hall, decides what a lender may do to Croswell's roughly 2,296 residents, and a state regulator supervises it. Census figures put the 2020-to-2023 decrease in Croswell at about 1.0%. The nearest larger metro is Sandusky, MI about 15 miles away.
Where Croswell stands
Set out below is Croswell's local context next to the state-level rules that reach every lender here.
- Population: 2,296 — Croswell ranks 233rd of 533 communities in Michigan (US Census Bureau, Vintage 2023).
- Population trend: About 1.0% below the 2020 Census base.
- People gained or lost: about 23 fewer since the 2020 base.
- Size percentile: Croswell's 2,296 people outrank roughly 56% of the places in Michigan.
- Population density: about 974 people per square mile across 2.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area rank: Croswell's 2.4 square miles rank 209th of 533 places in Michigan.
- Water area: Croswell has 0.12 square miles of water, ranking 153rd of 533 places in Michigan.
- Within Michigan: about 0.0% of the state's population lives in Croswell.
- National rank: Croswell is 7,117th of 19,457 places nationwide.
- Growth rank: Croswell's 2020-to-2023 change ranks 312th of 533 places in Michigan.
- Versus Michigan: the state average change is -0.3%, while Croswell moved 1.0%.
- Density rank: Croswell is the 286th most densely settled place in Michigan.
- Density vs Michigan: Croswell's 974 people per square mile compare with a state median of 1,078.
- Location: 43.2728 / -82.6167, per the US Census Bureau Gazetteer.
- Nearest larger cities: Sandusky (15 mi); Port Huron (21 mi); Marysville (26 mi); Imlay City (29 mi); St. Clair (31 mi). Larger metros often have more branches, but online lenders reach Croswell on the same terms.
- Nearest smaller towns: Lexington (4 mi); Applegate (6 mi); Peck (10 mi).
- Within a 50-mile radius: 36 smaller Census places.
- At 100 miles: 126 larger Census places fall inside that radius.
The anatomy of a Croswell personal loan
In Croswell, a small community of about 2,296, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Croswell can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Croswell loan is knowable in advance — unlike a revolving card balance.
The geography behind Croswell
Croswell covers about 2.4 square miles of land, with 0.12 square miles of water inside its boundaries (Census Gazetteer). With 2,296 residents, the land area yields roughly 974 people per square mile. The state's population centre of gravity, Detroit, is roughly 66 miles away. Within 50 miles of Croswell there are 23 larger Census places. The 100-mile radius contains 126 larger places.
How lenders reach Croswell
With about 974 residents per square mile, Croswell is moderately settled, and 23 larger Census places sit within 50 miles. What is available to Croswell's 2,296 borrowers is set by Michigan licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Sandusky, MI about 15 miles away.
Michigan rules behind a Croswell personal loan
Below are the Michigan rules that apply to a loan made in Croswell, each with the regulator that issued it.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Michigan Department of Insurance and Financial Services (DIFS) Source says: ""Department" means the department of insurance and financial services" | Michigan Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 7% per annum maximum by written agreement; 5% legal rate (MCL 438.31) Source says: "it shall be lawful for the parties to stipulate in writing for the payment of any rate of interest, not exceeding 7% per annum" | Michigan Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed — deferred presentment service transactions (2005 PA 244; MCL 487.2121 et seq.), licensed and regulated by DIFS Source says: "AN ACT to regulate the business of providing deferred presentment service transactions; to require the licensing of providers of deferred presentment service transactions" | Michigan Legislature as of 2026-09-16 |
Croswell's place among Michigan's 533 places
Croswell is the 233rd-largest of 533 Census places in Michigan and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 312th of 533 Michigan places, putting it near the 41th percentile for growth. By density, at about 974 people per square mile, it ranks 286th in Michigan. Between 2020 and 2023 the count changed by roughly 23 residents.
Common questions
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Nearby places
- Lexington, MI — population 927
- Applegate, MI — population 225
- Carsonville, MI — population 500
- Port Sanilac, MI — population 567
- Peck, MI — population 598
- Yale, MI — population 1,890
- Melvin, MI — population 152
- Sandusky, MI — population 2,685