Personal loans in Grand Meadow, MN
Grand Meadow is one of 853 Census places in Minnesota; its 1,131 residents put it at 338th. Census figures put the 2020-to-2023 increase in Grand Meadow at about 0.4%.
Personal loans in Grand Meadow are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 1,131 population. For the 1,131 people in Grand Meadow, Minnesota runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. Use the calculator on this page to price an amount and term before you commit in Grand Meadow. Borrowers who want a bigger city can look to Spring Valley, MN about 9 miles away.
What the Census records for Grand Meadow
Here is the sourced Census picture for Grand Meadow, plus the Minnesota lending rules that apply to a loan taken out here.
- Population: 1,131 — Grand Meadow ranks 338th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: Up about 0.4% from the 2020 Census base to the 2023 estimate.
- People gained or lost: about 4 more since the 2020 base.
- Size percentile: about 60% of Minnesota communities are smaller than Grand Meadow (1,131 residents).
- Density: roughly 1,658 residents per square mile, spread over 0.7 sq mi of land.
- By land area: Grand Meadow ranks 623rd among Minnesota's 853 places, at 0.7 sq mi.
- State population share: Grand Meadow accounts for about 0.0% of everyone in Minnesota.
- National rank: Grand Meadow sits 9,757th by population among the 19,457 places in this dataset.
- Growth rank: Grand Meadow's 2020-to-2023 change ranks 291st of 853 places in Minnesota.
- Against the state trend: Grand Meadow's 0.4% change compares with a Minnesota average of +0.1% across its 853 places.
- Density rank: Grand Meadow places 111th among Minnesota's places by people per square mile.
- Density in context: Grand Meadow's 1,658 people per square mile sit against a Minnesota median of 607.
- Location: 43.7062 / -92.5702, per the US Census Bureau Gazetteer.
- Nearest larger cities: Spring Valley (9 mi); Stewartville (11 mi); Hayfield (19 mi); Austin (21 mi); Chatfield (22 mi). A branch is convenient; it is not what sets your APR.
- Nearest smaller towns: Racine (7 mi); Dexter (7 mi); Elkton (8 mi) — useful context for the surrounding area.
- Smaller neighbours: 79 places smaller than Grand Meadow sit within 50 miles.
- Within 100 miles: 219 places are larger than Grand Meadow.
Minnesota rules behind a Grand Meadow personal loan
For the roughly 1,131 residents of Grand Meadow, the rules below are Minnesota's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota 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 status | Legal 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 |
The geography behind Grand Meadow
Grand Meadow covers about 0.7 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 1,658 residents per square mile. For the state's biggest city, Minneapolis, the distance is roughly 93 miles. A 50-mile radius around Grand Meadow takes in 38 places that are larger. The 100-mile radius contains 219 larger places.
Grand Meadow's place among Minnesota's 853 places
Against Minnesota's other places, Grand Meadow accounts for about 0.0% of the state's population and ranks 338th of 853 by size. For population change between 2020 and 2023, Grand Meadow ranks 291st of 853 in Minnesota (about the 66th percentile). At about 1,658 people per square mile, Grand Meadow is the 111th most densely settled place in Minnesota. Within 50 miles sit 79 smaller Census places, alongside the 38 that are larger.
What to do before borrowing in Grand Meadow
For Grand Meadow's roughly 1,131 residents, these are the steps that most influence the offer:
- Get your credit reports, dispute what is wrong, and only then start shopping.
- Use the loan calculator to test the payment on your intended amount and term.
- Line up several pre-qualified offers and let the APR decide.
- Make sure the lender appears in the Minnesota regulator's licence list.
- Weigh a shorter term's higher payment against the interest it saves.
- Keep the amount to the expense; an approval is not a reason to take more.
- Decide the purpose and how you will repay it before approaching any lender.
None of these steps is Grand Meadow-specific: the same Minnesota licensing and disclosure rules reach all 1,131 residents.
How personal loans work in Grand Meadow
Grand Meadow is a small community of about 1,131 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 Grand Meadow can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Grand Meadow loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Nearby places
- Racine, MN — population 525
- Dexter, MN — population 318
- Elkton, MN — population 132
- Taopi, MN — population 66
- Ostrander, MN — population 225
- Stewartville, MN — population 6,904
- Spring Valley, MN — population 2,459
- Le Roy, MN — population 953