Personal loans in McGregor, MN

By population, McGregor sits at 545th in Minnesota, with an estimated 380 residents. A lender that serves McGregor operates under Minnesota lending statutes and a Minnesota supervisor. A 2020-to-2023 comparison shows McGregor down by about 0.5%. For a bigger market, look to Aitkin, MN about 20 miles away.

Local context for McGregor

The figures below are McGregor's own — Census population, land area and coordinates — followed by the Minnesota rules.

• Population: about 380, ranked 545th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: About 0.5% below the 2020 Census base.
• Absolute change: 2 residents lost between 2020 and 2023.
• Size percentile: roughly 36% of Minnesota's places have fewer residents than McGregor's 380.
• Population density: 178 people per square mile on 2.1 square miles of land.
• By land area: McGregor ranks 313th among Minnesota's 853 places, at 2.1 sq mi.
• Water: McGregor holds about 0.13 square miles, the 229th-largest water area in Minnesota.
• Within Minnesota: about 0.0% of the state's population lives in McGregor.
• National rank: McGregor is the 14,285th most populous of the 19,457 Census places covered here.
• Growth rank: McGregor ranks 397th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: McGregor's 0.5% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: McGregor places 693rd among Minnesota's places by people per square mile.
• Density in context: McGregor's 178 people per square mile sit against a Minnesota median of 607.
• Location: 46.6104 / -93.2995, per the US Census Bureau Gazetteer.
• Nearest larger cities: Aitkin (20 mi); Sturgeon Lake (27 mi); Floodwood (28 mi); Moose Lake (28 mi); Hill City (29 mi). Lenders licensed in the state serve McGregor whether or not they keep a local branch.
• Smaller communities close by: Tamarack (9 mi); Palisade (11 mi); Wright (15 mi), each with its own Census population profile.
• Within a 50-mile radius: 25 smaller Census places.
• Larger places within 100 miles: 172.

Borrowing reach in McGregor

McGregor is a lightly settled community of about 380 people, with 35 larger places inside a 50-mile radius. Whether McGregor has a local branch or not, a Minnesota-licensed lender can serve its 380 people online on the same terms. For a larger market, the closest option is Aitkin, MN about 20 miles away.

A practical checklist for McGregor borrowers

Complete these steps first when you borrow in McGregor (380 residents):

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
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. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Test the payment against your current bills before you commit.
7. Pick the shortest term whose payment you can comfortably afford.

The process is identical across Minnesota; what changes is your credit file, not the fact that McGregor holds 380 people.

What shapes a McGregor personal loan

McGregor is a small community of about 380 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Two numbers drive a McGregor loan: the APR, which includes fees, and the term, which decides how long you keep paying. The term you choose in McGregor decides the split between a comfortable payment and the total interest you pay.

The geography behind McGregor

Inside McGregor's boundaries lie roughly 2.1 square miles of land and 0.13 square miles of water. With 380 residents, the land area yields roughly 178 people per square mile. The largest place in Minnesota, Minneapolis, lies about 114 miles away. Counting outward 50 miles, 35 larger communities surround McGregor. The 100-mile radius contains 172 larger places.

The Minnesota lending rules that reach McGregor

These are Minnesota's sourced lending facts as they reach McGregor's 380 residents; the state has no city-level rate rule.