Personal loans in Delano, MN
Two households in Delano with comparable incomes can still be offered different rates; the city's 7,142 residents are not the reason. A lender that serves Delano operates under Minnesota lending statutes and a Minnesota supervisor.
At about 7,142 residents, Delano is larger than roughly 85% of the places in Minnesota. If debt is already a strain, a nonprofit credit counsellor can help Delano residents before they take on more. A 2020-to-2023 comparison shows Delano up by about 10.1%. The nearest larger city is Minnetrista, MN about 8 miles away.
Where Delano stands
Set out below is Delano's local context next to the state-level rules that reach every lender here.
- Population: about 7,142 people live here, which puts Delano 127th of 853 Census places in Minnesota (Vintage 2023).
- Population trend: Higher by roughly 10.1% since the 2020 count.
- Change in people: the 2020-to-2023 comparison is a gain of about 653 residents.
- Size percentile: bigger than about 85% of the places in Minnesota, with 7,142 residents in Delano.
- Density: the Census land area of 4.9 sq mi holds about 1,444 people per square mile.
- Land area: Delano covers 4.9 square miles, the 168th-largest area among Minnesota's 853 places.
- Share of state population: Delano's 7,142 residents are about 0.1% of Minnesota.
- National rank: Delano is 3,948th of 19,457 places nationwide.
- Growth in Minnesota: Delano stands 20th by percentage change from 2020 to 2023, among 853 places.
- Against the state trend: Delano's 10.1% change compares with a Minnesota average of +0.1% across its 853 places.
- Density rank: Delano places 144th among Minnesota's places by people per square mile.
- Density vs Minnesota: Delano's 1,444 people per square mile compare with a state median of 607.
- Location: mapped by the US Census Bureau at 45.0383, -93.7930.
- Nearest larger cities: Minnetrista (8 mi); Mound (10 mi); Buffalo (10 mi); Orono (11 mi); Corcoran (12 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Smaller communities close by: Independence (4 mi); Rockford (4 mi); Watertown (6 mi), each with its own Census population profile.
- Within a 50-mile radius: 115 smaller Census places.
- Within 100 miles: 112 places are larger than Delano.
Lender access in Delano
Delano is a moderately settled community of about 7,142 people, with 91 larger places inside a 50-mile radius. A Minnesota licence lets a lender serve Delano without a local office, so branch density does not change what its 7,142 residents are offered. The nearest bigger place is Minnetrista, MN about 8 miles away.
Minnesota consumer-lending rules applied in Delano
When Minnesota does not publish a figure, the row links to the source instead of inventing a number; Delano is bound by the same rules.
| 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 |
| 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 |
| Small-loan / installment lender licensing | Regulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01) Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
Land, water and location for Delano
Delano's land area is roughly 4.9 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 1,444 residents per square mile. The state's population centre of gravity, Minneapolis, is roughly 26 miles away. Counting outward 50 miles, 91 larger communities surround Delano. Within the same 50 miles lie 115 smaller Census places.
Delano against the rest of Minnesota
Set beside Minnesota's 853 places, Delano ranks 127th by population and holds about 0.1% of the state total. On the 2020-to-2023 trend, Delano stands 20th among Minnesota's 853 places — roughly the 98th percentile. At about 1,444 people per square mile, Delano is the 144th most densely settled place in Minnesota. By land area, its 4.9 square miles rank 168th of 853 places in Minnesota.
What to do before borrowing in Delano
A sensible order of operations for a loan in Delano, home to about 7,142 people:
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Model the payment on the calculator before a lender models it for you.
- Shop at least three lenders and judge them on APR and total cost.
- Look the lender up in the Minnesota regulator's licence records before you sign.
- If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
- Check the disclosure for fees that raise the true cost above the quoted rate.
- Test the payment against your current bills before you commit.
In Delano as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 7,142 residents.
Common questions
What are my options in Delano if my credit is poor?
What loan size can I expect in Delano?
Do I have to pledge anything to borrow in Delano?
Does comparing loans in Delano cost me credit score points?
Nearby places
- Rockford, MN — population 4,734
- Independence, MN — population 3,644
- Watertown, MN — population 4,791
- Greenfield, MN — population 2,865
- Minnetrista, MN — population 8,791
- Montrose, MN — population 3,906
- Maple Plain, MN — population 1,646
- St. Bonifacius, MN — population 2,162