Personal loans in Grant Park, IL
A lender serving Grant Park holds a Illinois licence and answers to a Illinois regulator; no city office is involved for its 1,280 residents. For the 1,280 people in Grant Park, Illinois runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. With 1,280 residents, Grant Park outranks about 55% of the communities in Illinois. If debt is already a strain, a nonprofit credit counsellor can help Grant Park residents before they take on more. The 2020 count to the 2023 estimate shows about 1.3% decline in Grant Park. The nearest larger metro is Momence, IL about 6 miles away.
What the Census records for Grant Park
Only a few things actually differ by place — population, area, location, and the Illinois rules a lender must follow — and they are below.
- Population: 1,280 residents; Grant Park is the 583rd-largest of 1,294 places in Illinois (US Census Bureau, Vintage 2023).
- Population trend: The 2020-to-2023 change is negative, near 1.3%.
- Change in people: the 2020-to-2023 comparison is a loss of about 17 residents.
- Size percentile: Grant Park sits ahead of around 55% of Illinois places, at 1,280 people.
- Population density: about 374 people per square mile across 3.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area: Grant Park covers 3.4 square miles, the 348th-largest area among Illinois's 1,294 places.
- Water: Grant Park holds about 0.03 square miles, the 388th-largest water area in Illinois.
- Share of state population: Grant Park's 1,280 residents are about 0.0% of Illinois.
- National rank: Grant Park is the 9,315th most populous of the 19,457 Census places covered here.
- Growth rank: Grant Park ranks 318th among Illinois's 1,294 places for the 2020-to-2023 change.
- Versus Illinois: the state average change is -2.0%, while Grant Park moved 1.3%.
- Density in Illinois: Grant Park ranks 1,072nd by people per square mile.
- Against the state median: Grant Park runs about 374 residents per square mile, where the Illinois median is 993.
- Location: 41.2427 / -87.6358, per the US Census Bureau Gazetteer.
- Nearest larger cities: Momence (6 mi); Beecher (7 mi); Peotone (10 mi); Manteno (11 mi); Lowell (12 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller towns nearby: Sun River Terrace (10 mi); Schneider (10 mi); Hopkins Park (12 mi).
- Within a 50-mile radius: 67 smaller Census places.
- At 100 miles: 442 larger Census places fall inside that radius.
How lenders reach Grant Park
With about 374 residents per square mile, Grant Park is lightly settled, and 175 larger Census places sit within 50 miles. Whether Grant Park has a local branch or not, a Illinois-licensed lender can serve its 1,280 people online on the same terms. For a larger market, the closest option is Momence, IL about 6 miles away.
How Illinois law applies in Grant Park
Illinois has no separate rate rule for Grant Park; the sourced rows below are what reach every lender that serves its 1,280 people.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Payday lending status | Permitted under license; capped at 36% annual percentage rate (payday loans) Source says: "shall not contract for or receive a charge exceeding a 36% annual percentage rate ... for a payday loan". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
The geography behind Grant Park
The Census Gazetteer records 3.4 square miles of land and 0.03 square miles of water within Grant Park. Spread across it are roughly 374 residents per square mile. Chicago, the largest place in Illinois, is about 41 miles from Grant Park. Within 50 miles of Grant Park there are 175 larger Census places. Within the same 50 miles lie 67 smaller Census places.
How a Grant Park personal loan is priced
Grant Park is a small community of about 1,280 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. A lender serving Grant Park's 1,280 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Grant Park loan but raises total interest, so the smallest payment is not the cheapest loan.
Grant Park in state context
Set beside Illinois's 1,294 places, Grant Park ranks 583rd by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Grant Park ranks 318th of 1,294 in Illinois (about the 75th percentile). By density, at about 374 people per square mile, it ranks 1,072nd in Illinois. By land area, its 3.4 square miles rank 348th of 1,294 places in Illinois.
Common questions
What are my options in Grant Park if my credit is poor?
What loan size can I expect in Grant Park?
Do I have to pledge anything to borrow in Grant Park?
Does comparing loans in Grant Park cost me credit score points?
Nearby places
- Momence, IL — population 3,031
- Beecher, IL — population 4,687
- Sun River Terrace, IL — population 447
- Hopkins Park, IL — population 583
- Peotone, IL — population 4,187
- Schneider, IN — population 261
- Crete, IL — population 8,316
- Manteno, IL — population 9,178