Personal loans in Freeport, MN

The Freeport data picture

What follows is Freeport's place in the Census record, alongside the Minnesota rules that govern a personal loan made here.

• Population: 678 — Freeport ranks 427th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: A rise of about 0.3% from 2020 to 2023.
• Change in people: the 2020-to-2023 comparison is a gain of about 2 residents.
• Size percentile: about 50% of Minnesota communities are smaller than Freeport (678 residents).
• Population density: 570 people per square mile on 1.2 square miles of land.
• Land area rank: Freeport's 1.2 square miles rank 458th of 853 places in Minnesota.
• State population share: Freeport accounts for about 0.0% of everyone in Minnesota.
• National standing: Freeport ranks 11,930th of 19,457 US places.
• Growth rank: Freeport ranks 294th among Minnesota's 853 places for the 2020-to-2023 change.
• Versus Minnesota: the state average change is +0.1%, while Freeport moved 0.3%.
• Density rank: Freeport is the 447th most densely settled place in Minnesota.
• Against the state median: Freeport runs about 570 residents per square mile, where the Minnesota median is 607.
• Location: 45.6603, -94.6828 (US Census Bureau Gazetteer).
• Nearest larger cities: Albany (6 mi); Melrose (6 mi); Holdingford (11 mi); Avon (12 mi); Sauk Centre (14 mi). Lenders licensed in the state serve Freeport whether or not they keep a local branch.
• Smaller places close by: New Munich (4 mi); St. Anthony (4 mi); St. Rosa (5 mi).
• Smaller neighbours: 59 places smaller than Freeport sit within 50 miles.
• Larger places within 100 miles: 265.

Freeport against the rest of Minnesota

Among Minnesota's 853 places, Freeport sits at 427th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Freeport stands 294th among Minnesota's 853 places — roughly the 66th percentile. Its roughly 570 residents per square mile place it 447th among Minnesota's places. Within 50 miles sit 59 smaller Census places, alongside the 46 that are larger.

Which Minnesota laws govern a loan in Freeport

This table holds the Minnesota rate and licensing rules for consumer loans made to Freeport's 678 residents.

Steps to take before a Freeport loan

A sensible order of operations for a loan in Freeport, home to about 678 people:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Confirm the lender holds a Minnesota licence by checking the regulator named above.
5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
6. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
7. Be clear on what the loan is for and how it gets repaid.

What differs between Freeport and the rest of Minnesota is not the process but the borrower's own file, among the 678 people here.

The geography behind Freeport

The Census Gazetteer records about 1.2 square miles of land within Freeport, with no significant water area listed. The resulting density is about 570 people per square mile. Minneapolis, the largest place in Minnesota, is about 84 miles from Freeport. A 50-mile radius around Freeport takes in 46 places that are larger. Within the same 50 miles lie 59 smaller Census places.

What is available to Freeport borrowers

Freeport is a moderately settled community of about 678 people, with 46 larger places inside a 50-mile radius. Lenders licensed in Minnesota reach Freeport's 678 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Albany, MN about 6 miles away.