Personal loans in Medora, ND

A single loan can carry different costs on either side of a state line, and Medora sits on the North Dakota side of that line. Medora is home to roughly 155 people and stands 180th by size out of 355 Census places in North Dakota.

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.

In Medora, one of 355 Census places in North Dakota, the figure to compare across lenders is the APR, not the advertised rate. Medora gained roughly 32.5% in population across the 2020-to-2023 comparison. Begin with the payment, then weigh APR and total interest across the lenders that reach Medora's 155 residents. For a bigger market, look to Belfield, ND about 16 miles away.

Borrowing in Medora: the local picture

Medora is a small community; the notes below cover its population profile and the statewide rules that apply.

How a Medora personal loan is priced

With roughly 155 residents, Medora is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Two numbers drive a Medora loan: the APR, which includes fees, and the term, which decides how long you keep paying. Because the payment is fixed, the total cost of a Medora loan is knowable in advance — unlike a revolving card balance.

Medora in state context

Within North Dakota, Medora holds roughly 0.0% of all residents, the 180th-largest share among 355 places. On the 2020-to-2023 trend, Medora stands 3rd among North Dakota's 355 places — roughly the 99th percentile. Its roughly 394 residents per square mile place it 166th among North Dakota's places. The population moved by about 38 people between 2020 and 2023, a 32.5% shift.

What North Dakota law requires in Medora

Every row below records a North Dakota rule, its publisher and its retrieval date — the same rules a Medora lender must follow.

RuleDetailSource
State lending regulatorNorth Dakota Department of Financial Institutions (NDDFI)
Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters."		North Dakota Department of Financial Institutions
as of 2026-09-16
Usury penalties (state-specific rule)Usury forfeits all interest plus 25% of principal; charging usurious interest is a class B misdemeanor.
Source says: "shall be deemed a forfeiture of the entire interest" and "a forfeiture of twenty-five percent of the principal" (N.D.C.C. 47-14-10); usury is a class B misdemeanor (47-14-11).		North Dakota Legislative Branch
as of 2026-09-16
Maximum legal interest rate (usury cap)Formula ceiling: 6-month U.S. Treasury bill average + 5.5 percentage points, never less than 7%; NDDFI-published rate for September 2026: 9.204%.
Source says: "The rate is equal to five and one-half percent (5.5%) higher than the current cost of money" and "the maximum allowable interest rate ceiling may not be less than seven (7) percent" (NDDFI Usury Rate page; September 2026 rate 9.204%).		North Dakota Department of Financial Institutions
as of 2026-09-16

Medora: area, density and distance

Medora's land area is about 0.4 square miles; a further 0.02 square miles is water. That land carries about 394 people per square mile. The largest place in North Dakota, Fargo, lies about 316 miles away. A 50-mile radius around Medora takes in 9 places that are larger. The 100-mile radius contains 47 larger places.

The Medora borrowing checklist

A sensible order of operations for a loan in Medora, home to about 155 people:

  1. Get your credit reports, dispute what is wrong, and only then start shopping.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  3. Line up several pre-qualified offers and let the APR decide.
  4. Verify the lender's North Dakota licence with the regulator listed on this page.
  5. Pick the shortest term whose payment you can comfortably afford.
  6. Keep the amount to the expense; an approval is not a reason to take more.
  7. Decide the purpose and how you will repay it before approaching any lender.

The process is identical across North Dakota; what changes is your credit file, not the fact that Medora holds 155 people.

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 Medora 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 Medora is the same as anywhere in North Dakota.
What loan size can I expect in Medora?
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 Medora?
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 Medora 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.

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