Personal loans in Kensington, MN

An estimated 269 people make their home in Kensington, a figure that ranks 605th in Minnesota. Judge Kensington offers on total cost, not on how quickly the money arrives. Every figure below is Minnesota's own, applied to Kensington's 269 residents, with the publisher and retrieval date attached. The closest larger city is Hoffman, MN about 6 miles away.

Kensington by the numbers

Here is the sourced Census picture for Kensington, plus the Minnesota lending rules that apply to a loan taken out here.

• Population: 269 residents; Kensington is the 605th-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: Roughly 1.5% more residents than the 2020 Census counted.
• Absolute change: 4 residents added between 2020 and 2023.
• Size percentile: about 29% of Minnesota's Census places are smaller than Kensington.
• Density: roughly 751 residents per square mile, spread over 0.4 sq mi of land.
• By land area: Kensington ranks 761st among Minnesota's 853 places, at 0.4 sq mi.
• Within Minnesota: about 0.0% of the state's population lives in Kensington.
• Nationally: Kensington is the 15,504th-largest of 19,457 Census places in the dataset.
• Growth rank: Kensington ranks 200th among Minnesota's 853 places for the 2020-to-2023 change.
• Versus Minnesota: the state average change is +0.1%, while Kensington moved 1.5%.
• Density rank: Kensington places 370th among Minnesota's places by people per square mile.
• Density vs Minnesota: Kensington's 751 people per square mile compare with a state median of 607.
• Location: latitude 45.7782, longitude -95.6969 (Census Gazetteer).
• Nearest larger cities: Hoffman (6 mi); Lowry (10 mi); Cyrus (11 mi); Barrett (14 mi); Brandon (14 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller towns nearby: Farwell (4 mi); Forada (16 mi); Donnelly (16 mi).
• Within a 50-mile radius: 43 smaller Census places.
• At 100 miles: 211 larger Census places fall inside that radius.

Before you apply in Kensington

A sensible order of operations for a loan in Kensington, home to about 269 people:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Minnesota regulator's records to confirm the lender is licensed here.
5. Be clear on what the loan is for and how it gets repaid.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Check the disclosure for fees that raise the true cost above the quoted rate.

What differs between Kensington and the rest of Minnesota is not the process but the borrower's own file, among the 269 people here.

Borrowing reach in Kensington

At roughly 751 people per square mile, Kensington is moderately settled; 51 larger places lie within 50 miles. What is available to Kensington's 269 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Hoffman, MN about 6 miles away.

Which Minnesota laws govern a loan in Kensington

When Minnesota does not publish a figure, the row links to the source instead of inventing a number; Kensington is bound by the same rules.

How a Kensington personal loan is priced

In Kensington, a small community of about 269, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Kensington's rank of 605th 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 Kensington loan but raises total interest, so the smallest payment is not the cheapest loan.

Kensington on the map

The Census Gazetteer records about 0.4 square miles of land within Kensington, with no significant water area listed. That land carries about 751 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 131 miles away. Kensington has 51 larger places within a 50-mile radius. By land area it ranks 761st of 853 Minnesota places.