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Personal loans in Dana, IL

For a borrower among the roughly 157 residents of Dana, a personal loan is a tool whose cost turns on the terms, not the address. When Illinois caps or restricts a product, lenders either change the terms or withdraw it from Dana as from the rest of the state. With 157 residents, Dana outranks about 10% of the communities in Illinois. For a community of about 157, the practical step is to compare APR across at least three lenders before committing. From the 2020 Census base to the 2023 estimate, the population declined by about 1.3%. The next larger city is Long Point, IL about 4 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

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.

Dana: population, trend and location

Dana is a small community; the notes below cover its population profile and the statewide rules that apply.

What Illinois law requires in Dana

This table holds the Illinois rate and licensing rules for consumer loans made to Dana's 157 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
Installment lender net-worth requirement$30,000 minimum positive net worth (plus $25,000 surety bond)
Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000".		Illinois General Assembly (Illinois Compiled Statutes)
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

Borrowing reach in Dana

At roughly 714 people per square mile, Dana is moderately settled; 160 larger places lie within 50 miles. A Illinois licence lets a lender serve Dana without a local office, so branch density does not change what its 157 residents are offered. For a larger market, the closest option is Long Point, IL about 4 miles away.

Land, water and location for Dana

Dana covers about 0.2 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. With 157 residents, the land area yields roughly 714 people per square mile. Chicago, the largest place in Illinois, is about 89 miles from Dana. Within 50 miles of Dana there are 160 larger Census places. Within the same 50 miles lie 13 smaller Census places.

The Dana borrowing checklist

A sensible order of operations for a loan in Dana, home to about 157 people:

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  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. Make sure the lender appears in the Illinois regulator's licence list.
  5. Weigh a shorter term's higher payment against the interest it saves.
  6. Keep the amount to the expense; an approval is not a reason to take more.
  7. Write down the purpose of the loan and your repayment plan before you apply.

In Dana as elsewhere in Illinois, the written terms — not the advertisement — are what count for its 157 residents.

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

Dana is the 1,164th-largest of 1,294 Census places in Illinois and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 305th of 1,294 Illinois places, putting it near the 76th percentile for growth. Its roughly 714 residents per square mile place it 843rd among Illinois's places. Within 50 miles sit 13 smaller Census places, alongside the 160 that are larger.

Compare personal loan offers Run the numbers first

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

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