Personal loans in Murdock, MN

Murdock is one of 853 Census places in Minnesota; its 298 residents put it at 591st. A 2020-to-2023 comparison shows Murdock down by about 1.7%.

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.

Murdock is a small community of about 298 residents, and a personal loan taken out here is governed by Minnesota statute. Every figure below is Minnesota's own, applied to Murdock's 298 residents, with the publisher and retrieval date attached. Read the disclosure for an origination fee and any prepayment penalty before signing in Murdock. The nearest larger metro is Kerkhoven, MN about 4 miles away.

Local context for Murdock

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

Borrowing reach in Murdock

Murdock is a lightly settled community of about 298 people, with 57 larger places inside a 50-mile radius. Lenders licensed in Minnesota reach Murdock's 298 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Kerkhoven, MN about 4 miles away.

How Murdock compares across Minnesota

Among Minnesota's 853 places, Murdock sits at 591st for population, a share of roughly 0.0% of the state. Its 2020-to-2023 change ranks 572nd of 853 Minnesota places, putting it near the 33th percentile for growth. At about 479 people per square mile, Murdock is the 494th most densely settled place in Minnesota. The population moved by about 5 people between 2020 and 2023, a 1.7% shift.

What shapes a Murdock personal loan

A Murdock personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 298 residents. A lender serving Murdock's 298 residents must disclose the APR and finance charge in writing before you sign. Shortening the term on a Murdock loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Minnesota rules behind a Murdock personal loan

For the roughly 298 residents of Murdock, the rules below are Minnesota's own; each row carries its publisher and retrieval date.

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

Murdock on the map

Inside Murdock's boundaries lie about 0.6 square miles of land, with no significant water area recorded. With 298 residents, the land area yields roughly 479 people per square mile. The largest place in Minnesota, Minneapolis, lies about 105 miles away. Murdock has 57 larger places within a 50-mile radius. The 100-mile radius contains 274 larger places.

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