Personal loans in Ferndale, MI

Read the disclosure for an origination fee and any prepayment penalty before signing in Ferndale. Lenders active in Ferndale report to a Michigan supervisor, identified in the sourced rows below. Ferndale lost roughly 0.5% of its population across the 2020-to-2023 comparison. For a bigger market, look to Oak Park, MI about 3 miles away.

Where Ferndale stands

Only a few things actually differ by place — population, area, location, and the Michigan rules a lender must follow — and they are below.

• Population: about 19,083, ranked 56th of 533 places in Michigan (Census Vintage 2023 subcounty estimate).
• Population trend: A drop of about 0.5% from 2020 to 2023.
• Change in people: the 2020-to-2023 comparison is a loss of about 101 residents.
• Size percentile: roughly 89% of Michigan places rank below Ferndale.
• Density: the Census land area of 3.9 sq mi holds about 4,922 people per square mile.
• By land area: Ferndale ranks 122nd among Michigan's 533 places, at 3.9 sq mi.
• Share of state population: Ferndale's 19,083 residents are about 0.4% of Michigan.
• Nationally: Ferndale is the 1,963rd-largest of 19,457 Census places in the dataset.
• Growth rank: Ferndale ranks 257th among Michigan's 533 places for the 2020-to-2023 change.
• State comparison: Michigan's places average -0.3% for 2020-to-2023, against Ferndale's 0.5%.
• Density rank: Ferndale is the 14th most densely settled place in Michigan.
• Density vs Michigan: Ferndale's 4,922 people per square mile compare with a state median of 1,078.
• Location: 42.4592 / -83.1314, per the US Census Bureau Gazetteer.
• Nearest larger cities: Oak Park (3 mi); Royal Oak (4 mi); Madison Heights (4 mi); Detroit (5 mi); Hamtramck (6 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller communities close by: Pleasant Ridge (1 mi); Hazel Park (2 mi); Huntington Woods (2 mi), each with its own Census population profile.
• Smaller neighbours: 95 places smaller than Ferndale sit within 50 miles.
• Larger places within 100 miles: 57.

The Ferndale borrowing checklist

These steps shape the offer you get in Ferndale, a place of about 19,083 people:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Model the payment on the calculator before a lender models it for you.
3. Line up several pre-qualified offers and let the APR decide.
4. Verify the lender's Michigan licence with the regulator listed on this page.
5. Decide the purpose and how you will repay it before approaching any lender.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Check the disclosure for fees that raise the true cost above the quoted rate.

The process is identical across Michigan; what changes is your credit file, not the fact that Ferndale holds 19,083 people.

Inside a Ferndale personal loan

With roughly 19,083 residents, Ferndale is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Ferndale. Because the payment is fixed, the total cost of a Ferndale loan is knowable in advance — unlike a revolving card balance.

Ferndale against the rest of Michigan

Set beside Michigan's 533 places, Ferndale ranks 56th by population and holds about 0.4% of the state total. On the 2020-to-2023 trend, Ferndale stands 257th among Michigan's 533 places — roughly the 52th percentile. At about 4,922 people per square mile, Ferndale is the 14th most densely settled place in Michigan. The population moved by about 101 people between 2020 and 2023, a 0.5% shift.

What is available to Ferndale borrowers

At roughly 4,922 people per square mile, Ferndale is fairly dense; 35 larger places lie within 50 miles. Distance to a branch rarely matters for Ferndale's 19,083 residents: the application is online and the price follows your credit file. The nearest larger city, Oak Park, MI about 3 miles away.

Which Michigan laws govern a loan in Ferndale

Every row below records a Michigan rule, its publisher and its retrieval date — the same rules a Ferndale lender must follow.