Personal loans in Grace City, ND

For practical purposes, Grace City's population was stable from the 2020 base to the 2023 estimate. Personal loans in Grace City are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 53 population.

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

Compare loan offers Run the numbers first

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.

The Census estimates 53 residents in Grace City, which ranks it 276th of 355 places in North Dakota. The nearest larger city is McHenry, ND about 10 miles away. To lend to Grace City's 53 residents, a company must hold a North Dakota licence, and each sourced row below names the regulator behind it. Begin with the payment, then weigh APR and total interest across the lenders that reach Grace City's 53 residents.

Grace City by the numbers

The figures below are Grace City's own — Census population, land area and coordinates — followed by the North Dakota rules.

How personal loans work in Grace City

A Grace City personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 53 residents. Because pricing is borrower-level, two people in Grace City can be quoted different APRs on the same amount and term. Shortening the term on a Grace City loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Getting a loan in Grace City

At roughly 216 people per square mile, Grace City is lightly settled; 33 larger places lie within 50 miles. Whether Grace City has a local branch or not, a North Dakota-licensed lender can serve its 53 people online on the same terms. The nearest bigger place is McHenry, ND about 10 miles away.

What North Dakota law requires in Grace City

Every row below records a North Dakota rule, its publisher and its retrieval date — the same rules a Grace City lender must follow.

RuleDetailSource
State lending regulatorNorth Dakota Department of Financial Institutions (NDDFI)
Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters."		North Dakota Department of Financial Institutions
as of 2026-09-16
Small-loan / installment lender licensingMoney broker license required to engage in money brokering (arranging/providing loans); issued by the commissioner of financial institutions.
Source says: "may not engage in money brokering in the state of North Dakota without a money broker license issued by the commissioner" (N.D.C.C. 13-04.1-02).		North Dakota Legislative Branch
as of 2026-09-16
Usury penalties (state-specific rule)Usury forfeits all interest plus 25% of principal; charging usurious interest is a class B misdemeanor.
Source says: "shall be deemed a forfeiture of the entire interest" and "a forfeiture of twenty-five percent of the principal" (N.D.C.C. 47-14-10); usury is a class B misdemeanor (47-14-11).		North Dakota Legislative Branch
as of 2026-09-16

Grace City in state context

Against North Dakota's other places, Grace City accounts for about 0.0% of the state's population and ranks 276th of 355 by size. On the 2020-to-2023 trend, Grace City stands 56th among North Dakota's 355 places — roughly the 84th percentile. At about 216 people per square mile, Grace City is the 235th most densely settled place in North Dakota. The population moved by about 0 people between 2020 and 2023, a 0.0% shift.

A pre-application checklist for Grace City

These steps shape the offer you get in Grace City, a place of about 53 people:

  1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
  2. Model the payment on the calculator before a lender models it for you.
  3. Shop at least three lenders and judge them on APR and total cost.
  4. Look the lender up in the North Dakota regulator's licence records before you sign.
  5. Weigh a shorter term's higher payment against the interest it saves.
  6. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  7. Write down the purpose of the loan and your repayment plan before you apply.

In Grace City as elsewhere in North Dakota, the written terms — not the advertisement — are what count for its 53 residents.

Compare personal loan offers Run the numbers first

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 Grace City 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 Grace City is the same as anywhere in North Dakota.
What loan size can I expect in Grace City?
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 Grace City?
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 Grace City 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.

Nearby places

Related