Personal loans in Cyrus, MN
Two households in Cyrus with comparable incomes can still be offered different rates; the city's 308 residents are not the reason. Cyrus is one of 853 Census places in Minnesota; its 308 residents put it at 586th.
Begin with the payment, then weigh APR and total interest across the lenders that reach Cyrus's 308 residents. Population in Cyrus climbed about 1.0% over the three years from 2020 to 2023. Consumer lending that reaches Cyrus's 308 residents is governed by Minnesota statute; no city ordinance changes it. Borrowers who want a bigger city can look to Morris, MN about 8 miles away.
Cyrus by the numbers
Read the local figures below as context; read the sourced Minnesota table as the rulebook a lender here must follow.
- Population: 308 — Cyrus ranks 586th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: The 2020-to-2023 change is positive, near 1.0%.
- Net change: roughly 3 more people than the 2020 Census counted.
- Size percentile: bigger than about 31% of the places in Minnesota, with 308 residents in Cyrus.
- Density: the Census land area of 0.3 sq mi holds about 1,158 people per square mile.
- Land area rank: Cyrus's 0.3 square miles rank 789th of 853 places in Minnesota.
- State share: roughly 0.0% of Minnesota's residents live in Cyrus (308 people).
- Nationally: Cyrus is the 15,031st-largest of 19,457 Census places in the dataset.
- Growth rank: Cyrus ranks 242nd among Minnesota's 853 places for the 2020-to-2023 change.
- Against the state trend: Cyrus's 1.0% change compares with a Minnesota average of +0.1% across its 853 places.
- Density rank: Cyrus places 215th among Minnesota's places by people per square mile.
- Against the state median: Cyrus runs about 1,158 residents per square mile, where the Minnesota median is 607.
- Location: the Census Gazetteer records it at 45.6148, -95.7382.
- Nearest larger cities: Morris (8 mi); Hancock (9 mi); Starbuck (10 mi); Lowry (12 mi); Long Beach (15 mi). Online lenders reach Cyrus no matter how far the nearest branch is.
- Smaller communities within reach: Farwell (11 mi); Kensington (11 mi); Donnelly (14 mi).
- Smaller neighbours: 42 places smaller than Cyrus sit within 50 miles.
- At 100 miles: 203 larger Census places fall inside that radius.
Getting a loan in Cyrus
With about 1,158 residents per square mile, Cyrus is moderately settled, and 48 larger Census places sit within 50 miles. Whether Cyrus has a local branch or not, a Minnesota-licensed lender can serve its 308 people online on the same terms. The nearest bigger place is Morris, MN about 8 miles away.
Cyrus: area, density and distance
Inside Cyrus's boundaries lie about 0.3 square miles of land, with no significant water area recorded. That land carries about 1,158 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 128 miles away. A 50-mile radius around Cyrus takes in 48 places that are larger. The 100-mile radius contains 203 larger places.
What shapes a Cyrus personal loan
A Cyrus personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 308 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Cyrus. A longer term lowers the monthly payment on a Cyrus loan but raises total interest, so the smallest payment is not the cheapest loan.
Which Minnesota laws govern a loan in Cyrus
These are Minnesota's sourced lending facts as they reach Cyrus's 308 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota 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 |
| 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 |
| Payday lending status | Legal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603) Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis" | Minnesota Department of Commerce as of 2026-09-16 |
How Cyrus compares across Minnesota
Set beside Minnesota's 853 places, Cyrus ranks 586th by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Cyrus stands 242nd among Minnesota's 853 places — roughly the 72th percentile. By density, at about 1,158 people per square mile, it ranks 215th in Minnesota. By land area, its 0.3 square miles rank 789th of 853 places in Minnesota.
Common questions
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Nearby places
- Hancock, MN — population 863
- Kensington, MN — population 269
- Morris, MN — population 5,140
- Farwell, MN — population 56
- Starbuck, MN — population 1,405
- Hoffman, MN — population 710
- Lowry, MN — population 334
- Clontarf, MN — population 128