Personal loans in Houston, MN

The 2020 count to the 2023 estimate shows about 1.6% decline in Houston. Price two or three terms so you can see which payment is truly affordable in Houston. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Houston as from the rest of the state. The closest larger city is Caledonia, MN about 9 miles away.

The Houston data picture

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

• Population: 983 residents; Houston is the 358th-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is negative, near 1.6%.
• Absolute change: 16 residents lost between 2020 and 2023.
• Size percentile: with 983 residents, Houston is larger than about 58% of Minnesota's Census places.
• Population density: 799 people per square mile on 1.2 square miles of land.
• Land area: Houston covers 1.2 square miles, the 449th-largest area among Minnesota's 853 places.
• Water area: Houston has 0.02 square miles of water, ranking 353rd of 853 places in Minnesota.
• Within Minnesota: about 0.0% of the state's population lives in Houston.
• Nationally: Houston is the 10,280th-largest of 19,457 Census places in the dataset.
• Growth rank: Houston ranks 566th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Houston's 1.6% change compares with a Minnesota average of +0.1% across its 853 places.
• Density in Minnesota: Houston ranks 349th by people per square mile.
• Density vs Minnesota: Houston's 799 people per square mile compare with a state median of 607.
• Location: 43.7566, -91.5727 (US Census Bureau Gazetteer).
• Nearest larger cities: Caledonia (9 mi); Rushford (10 mi); Spring Grove (14 mi); La Crescent (14 mi); La Crosse (18 mi). Online lenders reach Houston no matter how far the nearest branch is.
• Nearest smaller towns: Rushford Village (11 mi); Hokah (11 mi); Peterson (13 mi).
• Smaller neighbours: 64 places smaller than Houston sit within 50 miles.
• At 100 miles: 172 larger Census places fall inside that radius.

The state rulebook for Houston

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

Houston: area, density and distance

The Census Gazetteer records 1.2 square miles of land and 0.02 square miles of water within Houston. That land carries about 799 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 118 miles. Within 50 miles of Houston there are 41 larger Census places. The 100-mile radius contains 172 larger places.

What shapes a Houston personal loan

Most loans made to Houston's 983 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Federal Truth in Lending rules require a Houston lender to disclose the APR and finance charge before you sign. Shortening the term on a Houston loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Houston's place among Minnesota's 853 places

Houston is the 358th-largest of 853 Census places in Minnesota and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 566th of 853 Minnesota places, putting it near the 34th percentile for growth. At about 799 people per square mile, Houston is the 349th most densely settled place in Minnesota. By land area, its 1.2 square miles rank 449th of 853 places in Minnesota.

A practical checklist for Houston borrowers

A sensible order of operations for a loan in Houston, home to about 983 people:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Line up several pre-qualified offers and let the APR decide.
4. Make sure the lender appears in the Minnesota regulator's licence list.
5. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
6. Read the disclosure for an origination fee and any prepayment penalty before signing.
7. Check that the monthly payment fits your budget next to your existing obligations.

In Houston as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 983 residents.