Personal loans in Nimrod, MN

The Nimrod data picture

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

• Population: 82 people, a figure that places Nimrod 780th among the 853 Census places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is under a tenth of a percent.
• Size percentile: roughly 9% of Minnesota places rank below Nimrod.
• Population density: about 86 people per square mile (Census land area 1.0 sq mi).
• By land area: Nimrod ranks 548th among Minnesota's 853 places, at 1.0 sq mi.
• Water area rank: Nimrod ranks 287th among Minnesota's 853 places, with 0.05 sq mi.
• Share of state population: Nimrod's 82 residents are about 0.0% of Minnesota.
• National standing: Nimrod ranks 18,458th of 19,457 US places.
• Growth rank: Nimrod's 2020-to-2023 change ranks 339th of 853 places in Minnesota.
• Versus Minnesota: the state average change is +0.1%, while Nimrod moved 0.0%.
• Density rank: Nimrod places 778th among Minnesota's places by people per square mile.
• Density in context: Nimrod's 86 people per square mile sit against a Minnesota median of 607.
• Location: 46.6352, -94.8806 (Census Gazetteer coordinates).
• Nearest larger cities: Sebeka (10 mi); Menahga (13 mi); Wadena (17 mi); Verndale (18 mi); Staples (18 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller communities within reach: Aldrich (18 mi); Wolf Lake (25 mi); Manhattan Beach (36 mi).
• Within a 50-mile radius: 7 smaller Census places.
• Larger places within 100 miles: 249.

Minnesota rules behind a Nimrod personal loan

The rows below set out what a licensed lender must follow in Minnesota, and so for Nimrod's roughly 82 residents.

The Nimrod borrowing checklist

For Nimrod's roughly 82 residents, these are the steps that most influence the offer:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Model the payment on the calculator before a lender models it for you.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Make sure the lender appears in the Minnesota regulator's licence list.
5. Borrow only what the purpose requires, not the maximum you are offered.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.

In Nimrod as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 82 residents.

What is available to Nimrod borrowers

Nimrod is a sparsely settled community of about 82 people, with 55 larger places inside a 50-mile radius. Whether Nimrod has a local branch or not, a Minnesota-licensed lender can serve its 82 people online on the same terms. The nearest bigger place is Sebeka, MN about 10 miles away.

Land, water and location for Nimrod

Nimrod's land area is about 1.0 square miles; a further 0.05 square miles is water. Spread across it are roughly 86 residents per square mile. The state's population centre of gravity, Minneapolis, is roughly 139 miles away. Counting outward 50 miles, 55 larger communities surround Nimrod. The 100-mile radius contains 249 larger places.

How a Nimrod personal loan is priced

A Nimrod personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 82 residents. Federal Truth in Lending rules require a Nimrod lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Nimrod loan is knowable in advance — unlike a revolving card balance.