Personal loans in Drummond, MT
Drummond counts about 296 people, and what is genuinely local about borrowing here is limited — Montana law does the governing. An estimated 296 people make their home in Drummond, a figure that ranks 93rd in Montana.
The trend for Drummond between 2020 and 2023 is upward by roughly 8.8%. Use the calculator on this page to price an amount and term before you commit in Drummond. Borrowers who want a bigger city can look to Philipsburg, MT about 24 miles away. When Montana caps or restricts a product, lenders either change the terms or withdraw it from Drummond as from the rest of the state.
Local context for Drummond
Read the local figures below as context; read the sourced Montana table as the rulebook a lender here must follow.
- Population: about 296 people live here, which puts Drummond 93rd of 127 Census places in Montana (Vintage 2023).
- Population trend: A rise of about 8.8% from 2020 to 2023.
- Net change: roughly 24 more people than the 2020 Census counted.
- Size percentile: roughly 27% of Montana's places have fewer residents than Drummond's 296.
- Land and density: 0.5 square miles of land carry roughly 546 residents per square mile.
- By land area: Drummond ranks 91st among Montana's 127 places, at 0.5 sq mi.
- Within Montana: about 0.1% of the state's population lives in Drummond.
- Nationally: Drummond is the 15,159th-largest of 19,457 Census places in the dataset.
- Growth rank: Drummond ranks 29th among Montana's 127 places for the 2020-to-2023 change.
- Against the state trend: Drummond's 8.8% change compares with a Montana average of +3.8% across its 127 places.
- Density in Montana: Drummond ranks 96th by people per square mile.
- Density vs Montana: Drummond's 546 people per square mile compare with a state median of 1,071.
- Location: 46.6666, -113.1470 (US Census Bureau Gazetteer).
- Nearest larger cities: Philipsburg (24 mi); Deer Lodge (27 mi); Anaconda-Deer Lodge (40 mi); Missoula (44 mi); Stevensville (46 mi). For most borrowers the comparison happens online, not at a branch.
- Smaller places nearby: Virginia City (111 mi); Neihart (116 mi).
- Within a 50-mile radius: 0 smaller Census places.
- At 100 miles: 27 larger Census places fall inside that radius.
Drummond in state context
Within Montana, Drummond holds roughly 0.1% of all residents, the 93rd-largest share among 127 places. Its 2020-to-2023 change ranks 29th of 127 Montana places, putting it near the 77th percentile for growth. Its roughly 546 residents per square mile place it 96th among Montana's places. In land area, Drummond ranks 91st among Montana's 127 places.
What is available to Drummond borrowers
Drummond is moderately settled, with about 546 people per square mile and 5 larger places within 50 miles. Distance to a branch rarely matters for Drummond's 296 residents: the application is online and the price follows your credit file. The nearest larger city, Philipsburg, MT about 24 miles away.
Montana consumer-lending rules applied in Drummond
For the roughly 296 residents of Drummond, the rules below are Montana's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Montana Division of Banking and Financial Institutions (BFID), Department of Administration Source says: "The Montana Division of Banking and Financial Institutions (Division) does all of its licensing through the Nationwide Multistate Licensing System (NMLS)." | Montana Department of Administration, Division of Banking and Financial Institutions as of 2026-09-16 |
| Deferred deposit loan license requirement (MCA 31-1-705) | A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department Source says: "A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department." | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Greater of 15% or prime rate + 6 percentage points per year (written agreement); regulated lenders exempt Source says: "Parties may agree in writing to the payment of any rate of interest that does not exceed the greater of 15%" | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
Drummond: area, density and distance
Drummond's land area is roughly 0.5 square miles, and the Gazetteer records no significant water area within it. That land carries about 546 people per square mile. The largest place in Montana, Billings, lies about 228 miles away. Within 50 miles of Drummond there are 5 larger Census places. By land area it ranks 91st of 127 Montana places.
Inside a Drummond personal loan
With roughly 296 residents, Drummond is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Drummond's 296 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Drummond loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Nearby places
- Philipsburg, MT — population 910
- Deer Lodge, MT — population 3,030
- Anaconda-Deer Lodge, MT — population 9,673
- Walkerville, MT — population 659
- Missoula, MT — population 77,757
- Stevensville, MT — population 2,210
- Hamilton, MT — population 5,268
- Boulder, MT — population 1,283