Personal loans in Davison, MI
With 5,056 residents, Davison outranks about 71% of the communities in Michigan. A lender serving Davison holds a Michigan licence and answers to a Michigan regulator; no city office is involved for its 5,056 residents.
Judge Davison offers on total cost, not on how quickly the money arrives. For the 5,056 people in Davison, Michigan runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. Davison lost roughly 1.6% of its population across the 2020-to-2023 comparison. Borrowers who want a bigger city can look to Burton, MI about 5 miles away.
What the Census records for Davison
Set out below is Davison's local context next to the state-level rules that reach every lender here.
- Population: about 5,056 people live here, which puts Davison 153rd of 533 Census places in Michigan (Vintage 2023).
- Population trend: A loss of roughly 1.6% between 2020 and 2023.
- Change in people: the 2020-to-2023 comparison is a loss of about 83 residents.
- Size percentile: Davison's 5,056 people outrank roughly 71% of the places in Michigan.
- Population density: 2,546 people per square mile on 2.0 square miles of land.
- Land area rank: Davison's 2.0 square miles rank 241st of 533 places in Michigan.
- Within Michigan: about 0.1% of the state's population lives in Davison.
- National rank: Davison sits 4,799th by population among the 19,457 places in this dataset.
- Growth in Michigan: Davison stands 400th by percentage change from 2020 to 2023, among 533 places.
- Against the state trend: Davison's 1.6% change compares with a Michigan average of -0.3% across its 533 places.
- Density rank: Davison is the 86th most densely settled place in Michigan.
- Against the state median: Davison runs about 2,546 residents per square mile, where the Michigan median is 1,078.
- Location: 43.0318 / -83.5187, per the US Census Bureau Gazetteer.
- Nearest larger cities: Burton (5 mi); Grand Blanc (9 mi); Flint (9 mi); Lapeer (10 mi); Swartz Creek (16 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Nearest smaller places: Goodrich (8 mi); Otisville (9 mi); Columbiaville (10 mi).
- Smaller neighbours: 81 places smaller than Davison sit within 50 miles.
- Larger places within 100 miles: 115.
How a Davison personal loan is priced
A Davison personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 5,056 residents. The APR tracks your credit score rather than Davison's rank of 153rd in Michigan: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Davison loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
What Michigan law requires in Davison
Every row below records a Michigan rule, its publisher and its retrieval date — the same rules a Davison lender must follow.
| 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 |
What is available to Davison borrowers
Davison is fairly dense, with about 2,546 people per square mile and 58 larger places within 50 miles. Whether Davison has a local branch or not, a Michigan-licensed lender can serve its 5,056 people online on the same terms. The nearest larger city, Burton, MI about 5 miles away.
Land, water and location for Davison
Davison's land area is roughly 2.0 square miles, and the Gazetteer records no significant water area within it. That land carries about 2,546 people per square mile. The largest place in Michigan, Detroit, lies about 50 miles away. Counting outward 50 miles, 58 larger communities surround Davison. By land area it ranks 241st of 533 Michigan places.
Davison's place among Michigan's 533 places
Among Michigan's 533 places, Davison sits at 153rd for population, a share of roughly 0.1% of the state. Its 2020-to-2023 change ranks 400th of 533 Michigan places, putting it near the 25th percentile for growth. By density, at about 2,546 people per square mile, it ranks 86th in Michigan. Between 2020 and 2023 the count changed by roughly 83 residents.
Common questions
What are my options in Davison if my credit is poor?
What loan size can I expect in Davison?
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Does comparing loans in Davison cost me credit score points?
Nearby places
- Burton, MI — population 29,376
- Goodrich, MI — population 2,019
- Otisville, MI — population 807
- Grand Blanc, MI — population 7,925
- Columbiaville, MI — population 712
- Flint, MI — population 79,661
- Otter Lake, MI — population 358
- Lapeer, MI — population 9,128