Personal loans in Hayfield, MN

A personal loan in Hayfield is priced from your credit file and income, not from the fact that the city holds 1,356 people. A 2020-to-2023 comparison shows Hayfield down by about 0.7%. Compare APR, not the interest rate, because the APR folds in most fees on a Hayfield loan. The nearest larger metro is Dodge Center, MN about 10 miles away.

Hayfield by the numbers

Read the local figures below as context; read the sourced Minnesota table as the rulebook a lender here must follow.

• Population: about 1,356, ranked 309th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: Lower by roughly 0.7% since the 2020 count.
• Absolute change: 10 residents lost between 2020 and 2023.
• Size percentile: Hayfield's 1,356 people outrank roughly 64% of the places in Minnesota.
• Population density: about 1,083 people per square mile across 1.3 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area rank: Hayfield's 1.3 square miles rank 445th of 853 places in Minnesota.
• State share: roughly 0.0% of Minnesota's residents live in Hayfield (1,356 people).
• National rank: Hayfield is the 9,082nd most populous of the 19,457 Census places covered here.
• Growth rank: Hayfield ranks 423rd among Minnesota's 853 places for the 2020-to-2023 change.
• Versus Minnesota: the state average change is +0.1%, while Hayfield moved 0.7%.
• Density rank: Hayfield is the 240th most densely settled place in Minnesota.
• Density vs Minnesota: Hayfield's 1,083 people per square mile compare with a state median of 607.
• Location: latitude 43.8903, longitude -92.8470 (Census Gazetteer).
• Nearest larger cities: Dodge Center (10 mi); Blooming Prairie (11 mi); Kasson (11 mi); Byron (14 mi); Austin (16 mi). Online lenders reach Hayfield no matter how far the nearest branch is.
• Nearest smaller towns: Waltham (5 mi); Sargeant (6 mi); Brownsdale (10 mi) — useful context for the surrounding area.
• Within a 50-mile radius: 81 smaller Census places.
• Within 100 miles: 235 places are larger than Hayfield.

Where Hayfield sits in Minnesota

Among Minnesota's 853 places, Hayfield sits at 309th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Hayfield stands 423rd among Minnesota's 853 places — roughly the 50th percentile. At about 1,083 people per square mile, Hayfield is the 240th most densely settled place in Minnesota. The population moved by about 10 people between 2020 and 2023, a 0.7% shift.

What Minnesota law requires in Hayfield

Below are the Minnesota rules that apply to a loan made in Hayfield, each with the regulator that issued it.

Borrowing reach in Hayfield

Hayfield is moderately settled, with about 1,083 people per square mile and 34 larger places within 50 miles. Whether Hayfield has a local branch or not, a Minnesota-licensed lender can serve its 1,356 people online on the same terms. The nearest bigger place is Dodge Center, MN about 10 miles away.

Inside a Hayfield personal loan

With roughly 1,356 residents, Hayfield is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Federal Truth in Lending rules require a Hayfield lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Hayfield loan is knowable in advance — unlike a revolving card balance.

The Hayfield borrowing checklist

For Hayfield's roughly 1,356 residents, these are the steps that most influence the offer:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Line up several pre-qualified offers and let the APR decide.
4. Confirm the lender holds a Minnesota licence by checking the regulator named above.
5. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
6. Look for an origination fee or prepayment penalty in the written disclosure.
7. Make sure the new payment leaves room in a budget you already keep.

What differs between Hayfield and the rest of Minnesota is not the process but the borrower's own file, among the 1,356 people here.