Personal loans in Randolph, MN

Roughly 456 residents live in Randolph, the 513th-largest community in Minnesota. For a bigger market, look to Hampton, MN about 6 miles away. State law, not city hall, decides what a lender may do to Randolph's roughly 456 residents, and a state regulator supervises it. If debt is already a strain, a nonprofit credit counsellor can help Randolph residents before they take on more.

Randolph: population, trend and location

Read the local figures below as context; read the sourced Minnesota table as the rulebook a lender here must follow.

• Population: 456 — Randolph ranks 513th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: Roughly 1.9% fewer residents than the 2020 Census counted.
• Change in people: the 2020-to-2023 comparison is a loss of about 9 residents.
• Size percentile: with 456 residents, Randolph is larger than about 40% of Minnesota's Census places.
• Population density: 478 people per square mile on 1.0 square miles of land.
• By land area: Randolph ranks 549th among Minnesota's 853 places, at 1.0 sq mi.
• Water area rank: Randolph ranks 323rd among Minnesota's 853 places, with 0.03 sq mi.
• Share of state population: Randolph's 456 residents are about 0.0% of Minnesota.
• National rank: Randolph is 13,549th of 19,457 places nationwide.
• Growth rank: Randolph ranks 621st among Minnesota's 853 places for the 2020-to-2023 change.
• Versus Minnesota: the state average change is +0.1%, while Randolph moved 1.9%.
• Density rank: Randolph places 496th among Minnesota's places by people per square mile.
• Density in context: Randolph's 478 people per square mile sit against a Minnesota median of 607.
• Location: coordinates 44.5266, -93.0206 (US Census Bureau Gazetteer).
• Nearest larger cities: Hampton (6 mi); Cannon Falls (7 mi); Northfield (9 mi); Dundas (11 mi); Farmington (12 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller towns nearby: New Trier (7 mi); Dennison (8 mi); Vermillion (10 mi).
• Smaller places within 50 miles: 22 of them.
• Larger places within 100 miles: 396.

Randolph on the map

The Census Gazetteer records 1.0 square miles of land and 0.03 square miles of water within Randolph. With 456 residents, the land area yields roughly 478 people per square mile. Minneapolis, the largest place in Minnesota, is about 33 miles from Randolph. Randolph has 172 larger places within a 50-mile radius. By land area it ranks 549th of 853 Minnesota places.

How a Randolph personal loan is priced

A Randolph personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 456 residents. The APR tracks your credit score rather than Randolph's rank of 513th in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Randolph loan but raises total interest, so the smallest payment is not the cheapest loan.

A pre-application checklist for Randolph

These steps shape the offer you get in Randolph, a place of about 456 people:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Model the payment on the calculator before a lender models it for you.
3. Line up several pre-qualified offers and let the APR decide.
4. Look the lender up in the Minnesota regulator's licence records before you sign.
5. Write down the purpose of the loan and your repayment plan before you apply.
6. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
7. Check the disclosure for fees that raise the true cost above the quoted rate.

In Randolph as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 456 residents.

Randolph against the rest of Minnesota

Among Minnesota's 853 places, Randolph sits at 513th for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Randolph ranks 621st of 853 in Minnesota (about the 27th percentile). By density, at about 478 people per square mile, it ranks 496th in Minnesota. By land area, its 1.0 square miles rank 549th of 853 places in Minnesota.

What Minnesota law requires in Randolph

Below are the Minnesota rules that apply to a loan made in Randolph, each with the regulator that issued it.