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Personal loans in Le Roy, MN

Personal loans in Le Roy are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 953 population. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Le Roy's 953 residents. Le Roy is one of 853 Census places in Minnesota; its 953 residents put it at 366th. If debt is already a strain, a nonprofit credit counsellor can help Le Roy residents before they take on more. The 2020 count to the 2023 estimate shows about 0.7% decline in Le Roy. The next larger city is Spring Valley, MN about 13 miles away.

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

Compare loan offers Run the numbers first

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.

Where Le Roy stands

Set out below is Le Roy's local context next to the state-level rules that reach every lender here.

How a Le Roy personal loan is priced

Most loans made to Le Roy's 953 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Because pricing is borrower-level, two people in Le Roy can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Le Roy loan but raises total interest, so the smallest payment is not the cheapest loan.

Where Le Roy sits in Minnesota

Le Roy is the 366th-largest of 853 Census places in Minnesota and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 422nd of 853 Minnesota places, putting it near the 51th percentile for growth. By density, at about 1,350 people per square mile, it ranks 170th in Minnesota. Within 50 miles sit 75 smaller Census places, alongside the 39 that are larger.

How lenders reach Le Roy

With about 1,350 residents per square mile, Le Roy is moderately settled, and 39 larger Census places sit within 50 miles. Distance to a branch rarely matters for Le Roy's 953 residents: the application is online and the price follows your credit file. The nearest larger city, Spring Valley, MN about 13 miles away.

Minnesota consumer-lending rules applied in Le Roy

Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Le Roy lender must follow.

RuleDetailSource
State lending regulatorMinnesota 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
Small-loan / installment lender licensingRegulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01)
Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money"		Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Payday ability-to-repay requirementRequired for payday loans with an APR above 36% (Minn. Stat. § 47.603)
Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent."		Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16

Land, water and location for Le Roy

Inside Le Roy's boundaries lie about 0.7 square miles of land, with no significant water area recorded. With 953 residents, the land area yields roughly 1,350 people per square mile. The largest place in Minnesota, Minneapolis, lies about 107 miles away. Le Roy has 39 larger places within a 50-mile radius. Within the same 50 miles lie 75 smaller Census places.

Compare personal loan offers Run the numbers first

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 Le Roy 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 Le Roy is the same as anywhere in Minnesota.
What loan size can I expect in Le Roy?
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 Le Roy?
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 Le Roy 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

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