Personal loans in Redmon, IL
A personal loan in Redmon is priced from your credit file and income, not from the fact that the city holds 135 people. Redmon is one of 1,294 Census places in Illinois; its 135 residents put it at 1,190th.
Redmon shed about 2.9% of its population between the 2020 base and the 2023 estimate. Every figure below is Illinois's own, applied to Redmon's 135 residents, with the publisher and retrieval date attached. Price two or three terms so you can see which payment is truly affordable in Redmon. The nearest larger city is Brocton, IL about 6 miles away.
Borrowing in Redmon: the local picture
Redmon is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: the Census counts 135 residents in Redmon (Vintage 2023 subcounty estimate), the 1,190th-largest figure among Illinois's 1,294 places.
- Population trend: About 2.9% below the 2020 Census base.
- People gained or lost: about 4 fewer since the 2020 base.
- Size percentile: about 8% of Illinois communities are smaller than Redmon (135 residents).
- Density: roughly 931 residents per square mile, spread over 0.1 sq mi of land.
- By land area: Redmon ranks 1,261st among Illinois's 1,294 places, at 0.1 sq mi.
- State population share: Redmon accounts for about 0.0% of everyone in Illinois.
- National rank: Redmon is the 17,525th most populous of the 19,457 Census places covered here.
- Growth rank: Redmon's 2020-to-2023 change ranks 909th of 1,294 places in Illinois.
- State comparison: Illinois's places average -2.0% for 2020-to-2023, against Redmon's 2.9%.
- Density rank: Redmon places 691st among Illinois's places by people per square mile.
- Against the state median: Redmon runs about 931 residents per square mile, where the Illinois median is 993.
- Location: mapped by the US Census Bureau at 39.6448, -87.8615.
- Nearest larger cities: Brocton (6 mi); Kansas (7 mi); Oakland (9 mi); Paris (9 mi); Hume (11 mi). Larger metros often have more branches, but online lenders reach Redmon on the same terms.
- Nearest smaller towns: Longview (20 mi); Garrett (32 mi); Allenville (37 mi).
- Within a 50-mile radius: 11 smaller Census places.
- Within 100 miles: 482 places are larger than Redmon.
How Redmon compares across Illinois
Set beside Illinois's 1,294 places, Redmon ranks 1,190th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Redmon ranks 909th of 1,294 in Illinois (about the 30th percentile). At about 931 people per square mile, Redmon is the 691st most densely settled place in Illinois. By land area, its 0.1 square miles rank 1,261st of 1,294 places in Illinois.
A practical checklist for Redmon borrowers
Before you hand your details to a lender in Redmon, where the population is near 135:
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Use the loan calculator to test the payment on your intended amount and term.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Verify the lender's Illinois licence with the regulator listed on this page.
- Look for an origination fee or prepayment penalty in the written disclosure.
- Check that the monthly payment fits your budget next to your existing obligations.
- Weigh a shorter term's higher payment against the interest it saves.
The process is identical across Illinois; what changes is your credit file, not the fact that Redmon holds 135 people.
How personal loans work in Redmon
Most loans made to Redmon's 135 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Two numbers drive a Redmon loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Redmon loan but raises total interest, so the smallest payment is not the cheapest loan.
Redmon on the map
The Census Gazetteer records about 0.1 square miles of land within Redmon, with no significant water area listed. The resulting density is about 931 people per square mile. The largest place in Illinois, Chicago, lies about 152 miles away. Counting outward 50 miles, 123 larger communities surround Redmon. The 100-mile radius contains 482 larger places.
Illinois rules behind a Redmon personal loan
For the roughly 135 residents of Redmon, the rules below are Illinois's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Payday lending status | Permitted under license; capped at 36% annual percentage rate (payday loans) Source says: "shall not contract for or receive a charge exceeding a 36% annual percentage rate ... for a payday loan". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
Common questions
What are my options in Redmon if my credit is poor?
What loan size can I expect in Redmon?
Do I have to pledge anything to borrow in Redmon?
Does comparing loans in Redmon cost me credit score points?
Nearby places
- Brocton, IL — population 264
- Kansas, IL — population 648
- Hume, IL — population 313
- Metcalf, IL — population 135
- Oakland, IL — population 723
- Paris, IL — population 8,039
- Ashmore, IL — population 627
- Newman, IL — population 769