Personal loans in Millville, MN

A single loan can carry different costs on either side of a state line, and Millville sits on the Minnesota side of that line. Millville is a small community of about 150 residents, and a personal loan taken out here is governed by Minnesota statute. Roughly 150 residents live in Millville, the 701st-largest community in Minnesota. From the 2020 Census base to the 2023 estimate, the population declined by about 1.3%. If debt is already a strain, a nonprofit credit counsellor can help Millville residents before they take on more. The next larger city is Zumbro Falls, MN about 7 miles away.

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

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.

Borrowing in Millville: the local picture

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

How personal loans work in Millville

A Millville personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 150 residents. Because pricing is borrower-level, two people in Millville can be quoted different APRs on the same amount and term. Shortening the term on a Millville loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Millville's place among Minnesota's 853 places

Within Minnesota, Millville holds roughly 0.0% of all residents, the 701st-largest share among 853 places. On the 2020-to-2023 trend, Millville stands 519th among Minnesota's 853 places — roughly the 39th percentile. Its roughly 1,000 residents per square mile place it 267th among Minnesota's places. By land area, its 0.1 square miles rank 840th of 853 places in Minnesota.

Which Minnesota laws govern a loan in Millville

Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Millville 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
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
Maximum legal interest rate (usury cap)6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01)
Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16

Millville: area, density and distance

Millville covers about 0.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 1,000 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 69 miles. Millville has 94 larger places within a 50-mile radius. By land area it ranks 840th of 853 Minnesota places.

Lender access in Millville

With about 1,000 residents per square mile, Millville is moderately settled, and 94 larger Census places sit within 50 miles. Distance to a branch rarely matters for Millville's 150 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Zumbro Falls, MN about 7 miles away.

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