Personal loans in Hendricks, MN
Census figures put the 2020-to-2023 decrease in Hendricks at about 2.3%. Hendricks is one of 853 Census places in Minnesota; its 601 residents put it at 451st.
Two households in Hendricks with comparable incomes can still be offered different rates; the city's 601 residents are not the reason. Read the disclosure for an origination fee and any prepayment penalty before signing in Hendricks. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Hendricks as from the rest of the state. The nearest larger city is Canby, MN about 16 miles away.
What the Census records for Hendricks
Two layers matter for a Hendricks borrower: the local population picture and Minnesota's consumer-lending statutes.
- Population: 601 people, a figure that places Hendricks 451st among the 853 Census places in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: A decline of about 2.3% across the 2020-to-2023 comparison.
- Change in people: the 2020-to-2023 comparison is a loss of about 14 residents.
- Size percentile: Hendricks sits ahead of around 47% of Minnesota places, at 601 people.
- Land and density: 1.0 square miles of land carry roughly 620 residents per square mile.
- By land area: Hendricks ranks 542nd among Minnesota's 853 places, at 1.0 sq mi.
- State share: roughly 0.0% of Minnesota's residents live in Hendricks (601 people).
- National standing: Hendricks ranks 12,428th of 19,457 US places.
- Growth rank: Hendricks's 2020-to-2023 change ranks 656th of 853 places in Minnesota.
- Against the state trend: Hendricks's 2.3% change compares with a Minnesota average of +0.1% across its 853 places.
- Density rank: Hendricks is the 421st most densely settled place in Minnesota.
- Against the state median: Hendricks runs about 620 residents per square mile, where the Minnesota median is 607.
- Location: mapped by the US Census Bureau at 44.5086, -96.4264.
- Nearest larger cities: Canby (16 mi); Lake Benton (18 mi); Elkton (19 mi); Aurora (20 mi); Tyler (21 mi). Online lenders reach Hendricks no matter how far the nearest branch is.
- Nearest smaller towns: Astoria (7 mi); Ivanhoe (9 mi); Toronto (11 mi).
- Smaller places within 50 miles: 63 of them.
- Within 100 miles: 119 places are larger than Hendricks.
The Minnesota lending rules that reach Hendricks
Read the table as a lender's compliance picture for Hendricks: the rule, the sourced figure, the publisher and the 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 |
Land, water and location for Hendricks
Hendricks covers about 1.0 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 620 residents per square mile. For the state's biggest city, Minneapolis, the distance is roughly 158 miles. A 50-mile radius around Hendricks takes in 29 places that are larger. By land area it ranks 542nd of 853 Minnesota places.
How lenders reach Hendricks
At roughly 620 people per square mile, Hendricks is moderately settled; 29 larger places lie within 50 miles. Distance to a branch rarely matters for Hendricks's 601 residents: the application is online and the price follows your credit file. The nearest larger city, Canby, MN about 16 miles away.
How a Hendricks personal loan is priced
Most loans made to Hendricks's 601 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Hendricks's rank of 451st in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Hendricks loan but raises total interest, so the smallest payment is not the cheapest loan.
Where Hendricks sits in Minnesota
Against Minnesota's other places, Hendricks accounts for about 0.0% of the state's population and ranks 451st of 853 by size. On the 2020-to-2023 trend, Hendricks stands 656th among Minnesota's 853 places — roughly the 23th percentile. By density, at about 620 people per square mile, it ranks 421st in Minnesota. In land area, Hendricks ranks 542nd among Minnesota's 853 places.
Common questions
What are my options in Hendricks if my credit is poor?
What loan size can I expect in Hendricks?
Do I have to pledge anything to borrow in Hendricks?
Does comparing loans in Hendricks cost me credit score points?
Nearby places
- Astoria, SD — population 132
- Ivanhoe, MN — population 537
- Toronto, SD — population 196
- White, SD — population 542
- Brandt, SD — population 118
- Canby, MN — population 1,683
- Arco, MN — population 85
- Lake Benton, MN — population 669