Personal loans in Edgerton, MN

Two households in Edgerton with comparable incomes can still be offered different rates; the city's 1,249 residents are not the reason. Edgerton ranks 326th of 853 places in Minnesota, with a population near 1,249.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Begin with the payment, then weigh APR and total interest across the lenders that reach Edgerton's 1,249 residents. Edgerton lost roughly 0.6% of its population across the 2020-to-2023 comparison. Lenders active in Edgerton report to a Minnesota supervisor, identified in the sourced rows below. Borrowers who want a bigger city can look to Pipestone, MN about 12 miles away.

The Edgerton data picture

Most of what governs a Edgerton loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.

Where Edgerton sits in Minnesota

Against Minnesota's other places, Edgerton accounts for about 0.0% of the state's population and ranks 326th of 853 by size. Its 2020-to-2023 change ranks 409th of 853 Minnesota places, putting it near the 52th percentile for growth. At about 1,062 people per square mile, Edgerton is the 248th most densely settled place in Minnesota. Between 2020 and 2023 the count changed by roughly 8 residents.

The geography behind Edgerton

Edgerton covers about 1.2 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 1,062 residents per square mile. Minneapolis, the largest place in Minnesota, is about 160 miles from Edgerton. A 50-mile radius around Edgerton takes in 26 places that are larger. The 100-mile radius contains 83 larger places.

What a Edgerton borrower is actually offered

Edgerton is a small community of about 1,249 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Edgerton can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Edgerton loan is knowable in advance — unlike a revolving card balance.

How lenders reach Edgerton

Edgerton is a moderately settled community of about 1,249 people, with 26 larger places inside a 50-mile radius. Distance to a branch rarely matters for Edgerton's 1,249 residents: the application is online and the price follows your credit file. The nearest larger city, Pipestone, MN about 12 miles away.

The state rulebook for Edgerton

When Minnesota does not publish a figure, the row links to the source instead of inventing a number; Edgerton is bound by the same rules.

RuleDetailSource
State lending regulatorMinnesota 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
Maximum legal interest rate (usury cap)6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01)
Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Payday lending statusLegal 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

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Edgerton if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Edgerton is the same as anywhere in Minnesota.
What loan size can I expect in Edgerton?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Edgerton?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Edgerton cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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