Personal loans in Holloway, MN
By population, Holloway sits at 774th in Minnesota, with an estimated 84 residents. The roughly 84 people who live in Holloway borrow under Minnesota rules; city hall sets no personal-loan rate.
Census figures put the 2020-to-2023 decrease in Holloway at about 1.2%. For a community of about 84, the practical step is to compare APR across at least three lenders before committing. Every figure below is Minnesota's own, applied to Holloway's 84 residents, with the publisher and retrieval date attached. The nearest larger metro is Appleton, MN about 6 miles away.
Where Holloway stands
Holloway is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: 84 — Holloway ranks 774th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: A loss of roughly 1.2% between 2020 and 2023.
- Net change: roughly 1 fewer people than the 2020 Census counted.
- Size percentile: bigger than about 9% of the places in Minnesota, with 84 residents in Holloway.
- Population density: 60 people per square mile on 1.4 square miles of land.
- By land area: Holloway ranks 415th among Minnesota's 853 places, at 1.4 sq mi.
- Share of state population: Holloway's 84 residents are about 0.0% of Minnesota.
- National rank: Holloway is 18,420th of 19,457 places nationwide.
- Growth in Minnesota: Holloway stands 500th by percentage change from 2020 to 2023, among 853 places.
- Versus Minnesota: the state average change is +0.1%, while Holloway moved 1.2%.
- Density rank: Holloway is the 809th most densely settled place in Minnesota.
- Against the state median: Holloway runs about 60 residents per square mile, where the Minnesota median is 607.
- Location: 45.2431 / -95.9068, per the US Census Bureau Gazetteer.
- Nearest larger cities: Appleton (6 mi); Danvers (8 mi); Milan (9 mi); Clontarf (15 mi); Benson (15 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Nearest smaller places: Correll (12 mi); Louisburg (14 mi); Nassau (29 mi).
- Within a 50-mile radius: 18 smaller Census places.
- Larger places within 100 miles: 300.
The state rulebook for Holloway
This table holds the Minnesota rate and licensing rules for consumer loans made to Holloway's 84 residents.
| 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 |
What a Holloway borrower is actually offered
With roughly 84 residents, Holloway is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Holloway's rank of 774th in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Holloway loan is knowable in advance — unlike a revolving card balance.
A pre-application checklist for Holloway
For Holloway's roughly 84 residents, these are the steps that most influence the offer:
- Pull your credit reports first and correct any error before a lender sees the file.
- Test your amount and term in the personal loan calculator first.
- Collect three or more offers and compare them on APR, not on the advertised rate.
- Make sure the lender appears in the Minnesota regulator's licence list.
- Decide the purpose and how you will repay it before approaching any lender.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
- Look for an origination fee or prepayment penalty in the written disclosure.
The process is identical across Minnesota; what changes is your credit file, not the fact that Holloway holds 84 people.
Holloway's place among Minnesota's 853 places
Against Minnesota's other places, Holloway accounts for about 0.0% of the state's population and ranks 774th of 853 by size. Its 2020-to-2023 change ranks 500th of 853 Minnesota places, putting it near the 41th percentile for growth. At about 60 people per square mile, Holloway is the 809th most densely settled place in Minnesota. In land area, Holloway ranks 415th among Minnesota's 853 places.
Borrowing reach in Holloway
Holloway is sparsely settled, with about 60 people per square mile and 69 larger places within 50 miles. Lenders licensed in Minnesota reach Holloway's 84 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Appleton, MN about 6 miles away.
Common questions
What are my options in Holloway if my credit is poor?
What loan size can I expect in Holloway?
Do I have to pledge anything to borrow in Holloway?
Does comparing loans in Holloway cost me credit score points?
Nearby places
- Appleton, MN — population 1,365
- Milan, MN — population 414
- Danvers, MN — population 100
- Correll, MN — population 27
- Watson, MN — population 174
- Clontarf, MN — population 128
- Louisburg, MN — population 31
- Hancock, MN — population 863