Personal loans in Hazel, SD

Hazel is a small community of about 102 residents, and a personal loan taken out here is governed by South Dakota statute. The Census counts 102 people in Hazel, the 227th-largest figure among South Dakota's 309 places. Work out your debt-to-income ratio first; lenders weigh it heavily, and Hazel's 102 residents are no exception. Census figures put the 2020-to-2023 decrease in Hazel at about 1.0%. Which products a lender may offer to Hazel's 102 residents follows from the South Dakota consumer-lending framework. The nearest larger city is Henry, SD about 9 miles away.

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

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.

Hazel: population, trend and location

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

Hazel in state context

Hazel is the 227th-largest of 309 Census places in South Dakota and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 202nd of 309 South Dakota places, putting it near the 35th percentile for growth. By density, at about 421 people per square mile, it ranks 185th in South Dakota. The population moved by about 1 people between 2020 and 2023, a 1.0% shift.

Borrowing reach in Hazel

At roughly 421 people per square mile, Hazel is lightly settled; 43 larger places lie within 50 miles. What is available to Hazel's 102 borrowers is set by South Dakota licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Henry, SD about 9 miles away.

A practical checklist for Hazel borrowers

Before you hand your details to a lender in Hazel, where the population is near 102:

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  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. Look the lender up in the South Dakota regulator's licence records before you sign.
  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. Decide the purpose and how you will repay it before approaching any lender.

The process is identical across South Dakota; what changes is your credit file, not the fact that Hazel holds 102 people.

The anatomy of a Hazel personal loan

A Hazel personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 102 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Hazel. Because the payment is fixed, the total cost of a Hazel loan is knowable in advance — unlike a revolving card balance.

The state rulebook for Hazel

Read the table as a lender's compliance picture for Hazel: the rule, the sourced figure, the publisher and the date.

RuleDetailSource
State lending regulatorSouth Dakota Division of Banking (Department of Labor and Regulation)
Source says: "The Division of Banking is charged with the regulation and supervision of state chartered and licensed financial institutions."
South Dakota Division of Banking (Department of Labor and Regulation)
as of 2026-09-16
Payday lending statusLegal for licensed money lenders (including payday and title lenders) but capped at 36% APR including all fees and charges; violations are a Class 1 misdemeanor and loans are void.
Source says: "no licensee may contract for or receive finance charges pursuant to a loan in excess of an annual rate of thirty-six percent" (SDCL 54-4-44); "A violation of this section is a Class 1 misdemeanor. Any loan made in violation of this section is void and uncollectible" (54-4-44).
South Dakota Legislature (South Dakota Codified Laws)
as of 2026-09-16
Small-loan / installment lender licensingMoney Lender license (SDCL ch. 54-4) required for anyone lending money or creating/holding/purchasing retail installment contracts; payday and title lenders are licensed as money lenders.
Source says: "to be a Money Lender and subject to the licensing requirements of South Dakota Codified Laws (SDCL) Chapter 54-4"; "Payday and title lenders are also licensed as Money Lenders under SDCL Chapter 54-4."
South Dakota Division of Banking (Department of Labor and Regulation)
as of 2026-09-16

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 Hazel 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 Hazel is the same as anywhere in South Dakota.
What loan size can I expect in Hazel?
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 Hazel?
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 Hazel 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