Personal loans in Danvers, IL
In Danvers, one of 1,294 Census places in Illinois, the figure to compare across lenders is the APR, not the advertised rate. The Census counts 1,070 people in Danvers, the 633rd-largest figure among Illinois's 1,294 places.
Danvers shed about 2.0% of its population between the 2020 base and the 2023 estimate. Judge Danvers offers on total cost, not on how quickly the money arrives. For a bigger market, look to Mackinaw, IL about 9 miles away. For the 1,070 people in Danvers, Illinois runs its own consumer-lending licensing, and the sourced table below lists the figures that apply.
What the Census records for Danvers
What follows is Danvers's place in the Census record, alongside the Illinois rules that govern a personal loan made here.
- Population: about 1,070 people live here, which puts Danvers 633rd of 1,294 Census places in Illinois (Vintage 2023).
- Population trend: Down about 2.0% from the 2020 Census base to the 2023 estimate.
- Change in people: the 2020-to-2023 comparison is a loss of about 22 residents.
- Size percentile: bigger than about 51% of the places in Illinois, with 1,070 residents in Danvers.
- Density: roughly 1,333 residents per square mile, spread over 0.8 sq mi of land.
- By land area: Danvers ranks 857th among Illinois's 1,294 places, at 0.8 sq mi.
- Share of Illinois: Danvers holds about 0.0% of the state's population, some 1,070 people.
- National standing: Danvers ranks 9,951st of 19,457 US places.
- Growth rank: Danvers ranks 593rd among Illinois's 1,294 places for the 2020-to-2023 change.
- State comparison: Illinois's places average -2.0% for 2020-to-2023, against Danvers's 2.0%.
- Density in Illinois: Danvers ranks 467th by people per square mile.
- Density in context: Danvers's 1,333 people per square mile sit against a Illinois median of 993.
- Location: mapped by the US Census Bureau at 40.5300, -89.1751.
- Nearest larger cities: Mackinaw (9 mi); Normal (10 mi); Minier (10 mi); Hudson (11 mi); Bloomington (11 mi). Larger metros often have more branches, but online lenders reach Danvers on the same terms.
- Smaller towns nearby: Carlock (4 mi); Congerville (6 mi); Stanford (7 mi).
- Within a 50-mile radius: 89 smaller Census places.
- Within 100 miles: 254 places are larger than Danvers.
Danvers: area, density and distance
Danvers covers about 0.8 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 1,333 people per square mile. The largest place in Illinois, Chicago, lies about 119 miles away. A 50-mile radius around Danvers takes in 66 places that are larger. Within the same 50 miles lie 89 smaller Census places.
Getting a loan in Danvers
At roughly 1,333 people per square mile, Danvers is moderately settled; 66 larger places lie within 50 miles. A Illinois licence lets a lender serve Danvers without a local office, so branch density does not change what its 1,070 residents are offered. The nearest larger city, Mackinaw, IL about 9 miles away.
Danvers's place among Illinois's 1,294 places
Set beside Illinois's 1,294 places, Danvers ranks 633rd by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Danvers ranks 593rd of 1,294 in Illinois (about the 54th percentile). By density, at about 1,333 people per square mile, it ranks 467th in Illinois. Between 2020 and 2023 the count changed by roughly 22 residents.
What shapes a Danvers personal loan
With roughly 1,070 residents, Danvers is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Federal Truth in Lending rules require a Danvers lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Danvers loan is knowable in advance — unlike a revolving card balance.
Illinois consumer-lending rules applied in Danvers
These are Illinois's sourced lending facts as they reach Danvers's 1,070 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois 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 |
| Payday lending status | Permitted 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 |
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
Common questions
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Nearby places
- Carlock, IL — population 556
- Congerville, IL — population 506
- Stanford, IL — population 586
- Goodfield, IL — population 961
- Minier, IL — population 1,135
- Mackinaw, IL — population 1,845
- Normal, IL — population 52,618
- Deer Creek, IL — population 649