Personal loans in Medora, IL
Two households in Medora with comparable incomes can still be offered different rates; the city's 367 residents are not the reason. From the 2020 Census base to the 2023 estimate, the population declined by about 2.1%. An estimated 367 people make their home in Medora, a figure that ranks 954th in Illinois. Rate-shopping from Medora costs nothing at pre-qualification, where a soft pull leaves your credit file alone. Lenders active in Medora report to a Illinois supervisor, identified in the sourced rows below. A larger market lies at Shipman, IL about 6 miles away.
Medora: population, trend and location
Read the local figures below as context; read the sourced Illinois table as the rulebook a lender here must follow.
- Population: an estimated 367 residents, 954th of 1,294 places in Illinois (Census Vintage 2023 subcounty estimate).
- Population trend: Lower by roughly 2.1% since the 2020 count.
- Absolute change: 8 residents lost between 2020 and 2023.
- Size percentile: bigger than about 26% of the places in Illinois, with 367 residents in Medora.
- Population density: 966 people per square mile on 0.4 square miles of land.
- Land area: Medora covers 0.4 square miles, the 1,107th-largest area among Illinois's 1,294 places.
- Share of Illinois: Medora holds about 0.0% of the state's population, some 367 people.
- Nationally: Medora is the 14,443rd-largest of 19,457 Census places in the dataset.
- Growth rank: Medora's 2020-to-2023 change ranks 647th of 1,294 places in Illinois.
- Against the state trend: Medora's 2.1% change compares with a Illinois average of -2.0% across its 1,294 places.
- Density rank: Medora places 666th among Illinois's places by people per square mile.
- Against the state median: Medora runs about 966 residents per square mile, where the Illinois median is 993.
- Location: mapped by the US Census Bureau at 39.1765, -90.1414.
- Nearest larger cities: Shipman (6 mi); Brighton (9 mi); Jerseyville (11 mi); Greenfield (12 mi); Bunker Hill (14 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller places close by: Fidelity (2 mi); Chesterfield (7 mi); Rockbridge (7 mi).
- Smaller places within 50 miles: 81 of them.
- Larger places within 100 miles: 439.
What to do before borrowing in Medora
Before you hand your details to a lender in Medora, where the population is near 367:
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Model the payment on the calculator before a lender models it for you.
- Collect three or more offers and compare them on APR, not on the advertised rate.
- Verify the lender's Illinois licence with the regulator listed on this page.
- Look for an origination fee or prepayment penalty in the written disclosure.
- Make sure the new payment leaves room in a budget you already keep.
- Weigh a shorter term's higher payment against the interest it saves.
None of these steps is Medora-specific: the same Illinois licensing and disclosure rules reach all 367 residents.
Medora: area, density and distance
The Census Gazetteer records about 0.4 square miles of land within Medora, with no significant water area listed. Spread across it are roughly 966 residents per square mile. The largest place in Illinois, Chicago, lies about 225 miles away. Medora has 200 larger places within a 50-mile radius. The 100-mile radius contains 439 larger places.
What is available to Medora borrowers
With about 966 residents per square mile, Medora is moderately settled, and 200 larger Census places sit within 50 miles. Distance to a branch rarely matters for Medora's 367 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Shipman, IL about 6 miles away.
Medora's place among Illinois's 1,294 places
Among Illinois's 1,294 places, Medora sits at 954th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Medora stands 647th among Illinois's 1,294 places — roughly the 50th percentile. At about 966 people per square mile, Medora is the 666th most densely settled place in Illinois. The population moved by about 8 people between 2020 and 2023, a 2.1% shift.
Illinois rules behind a Medora personal loan
For the roughly 367 residents of Medora, the rules below are Illinois's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Installment lender net-worth requirement | $30,000 minimum positive net worth (plus $25,000 surety bond) Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
Common questions
What are my options in Medora if my credit is poor?
What loan size can I expect in Medora?
Do I have to pledge anything to borrow in Medora?
Does comparing loans in Medora cost me credit score points?
Nearby places
- Fidelity, IL — population 98
- Chesterfield, IL — population 165
- Shipman, IL — population 502
- Rockbridge, IL — population 171
- Brighton, IL — population 2,166
- Greenfield, IL — population 1,017
- Royal Lakes, IL — population 168
- Jerseyville, IL — population 8,263