Personal loans in Dawson, IL
Two households in Dawson with comparable incomes can still be offered different rates; the city's 507 residents are not the reason. Dawson lost roughly 2.1% of its population across the 2020-to-2023 comparison.
At about 507 residents, Dawson is larger than roughly 34% of the places in Illinois. Verify the lender's Illinois licence against the regulator named below before borrowing in Dawson. A single loan can carry different costs on either side of a state line, and Dawson sits on the Illinois side of that line. The closest larger place is Riverton, IL about 4 miles away.
Borrowing in Dawson: the local picture
Only a few things actually differ by place — population, area, location, and the Illinois rules a lender must follow — and they are below.
- Population: about 507 people live here, which puts Dawson 853rd of 1,294 Census places in Illinois (Vintage 2023).
- Population trend: Lower by roughly 2.1% since the 2020 count.
- Absolute change: 11 residents lost between 2020 and 2023.
- Size percentile: about 34% of Illinois communities are smaller than Dawson (507 residents).
- Land and density: 0.8 square miles of land carry roughly 640 residents per square mile.
- By land area: Dawson ranks 865th among Illinois's 1,294 places, at 0.8 sq mi.
- Share of state population: Dawson's 507 residents are about 0.0% of Illinois.
- Nationally: Dawson is the 13,110th-largest of 19,457 Census places in the dataset.
- Growth in Illinois: Dawson stands 640th by percentage change from 2020 to 2023, among 1,294 places.
- Versus Illinois: the state average change is -2.0%, while Dawson moved 2.1%.
- Density rank: Dawson places 908th among Illinois's places by people per square mile.
- Density in context: Dawson's 640 people per square mile sit against a Illinois median of 993.
- Location: it lies at 39.8530, -89.4619 in the Census Gazetteer.
- Nearest larger cities: Riverton (4 mi); Spaulding (5 mi); Mechanicsburg (5 mi); Sherman (8 mi); Rochester (8 mi). Larger metros often have more branches, but online lenders reach Dawson on the same terms.
- Smaller communities close by: Buffalo (3 mi); Elkhart (11 mi); Mount Auburn (12 mi), each with its own Census population profile.
- Smaller neighbours: 54 places smaller than Dawson sit within 50 miles.
- Larger places within 100 miles: 395.
What shapes a Dawson personal loan
Dawson is a small community of about 507 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Dawson's rank of 853rd in Illinois: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Dawson loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
How lenders reach Dawson
Dawson is a moderately settled community of about 507 people, with 90 larger places inside a 50-mile radius. Lenders licensed in Illinois reach Dawson's 507 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Riverton, IL about 4 miles away.
The state rulebook for Dawson
For the roughly 507 residents of Dawson, the rules below are Illinois's own; each row carries its publisher and retrieval date.
| 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 |
Dawson: area, density and distance
The Census Gazetteer records about 0.8 square miles of land within Dawson, with no significant water area listed. With 507 residents, the land area yields roughly 640 people per square mile. For the state's biggest city, Chicago, the distance is roughly 166 miles. Counting outward 50 miles, 90 larger communities surround Dawson. By land area it ranks 865th of 1,294 Illinois places.
Where Dawson sits in Illinois
Within Illinois, Dawson holds roughly 0.0% of all residents, the 853rd-largest share among 1,294 places. For population change between 2020 and 2023, Dawson ranks 640th of 1,294 in Illinois (about the 51th percentile). At about 640 people per square mile, Dawson is the 908th most densely settled place in Illinois. In land area, Dawson ranks 865th among Illinois's 1,294 places.
Common questions
What are my options in Dawson if my credit is poor?
What loan size can I expect in Dawson?
Do I have to pledge anything to borrow in Dawson?
Does comparing loans in Dawson cost me credit score points?
Nearby places
- Buffalo, IL — population 435
- Riverton, IL — population 3,475
- Mechanicsburg, IL — population 658
- Spaulding, IL — population 784
- Rochester, IL — population 3,899
- Williamsville, IL — population 1,430
- Sherman, IL — population 4,599
- Elkhart, IL — population 447