Personal loans in Roosevelt, MN
Two households in Roosevelt with comparable incomes can still be offered different rates; the city's 153 residents are not the reason. At about 153 residents, Roosevelt is larger than roughly 18% of the places in Minnesota. Pull your credit reports and line up at least three offers before you apply from Roosevelt. Roosevelt lost roughly 2.5% of its population across the 2020-to-2023 comparison. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Roosevelt as from the rest of the state. For a bigger market, look to Williams, MN about 7 miles away.
What the Census records for Roosevelt
Two layers matter for a Roosevelt borrower: the local population picture and Minnesota's consumer-lending statutes.
- Population: 153 residents; Roosevelt is the 698th-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: The 2020-to-2023 change is negative, near 2.5%.
- Net change: roughly 4 fewer people than the 2020 Census counted.
- Size percentile: with 153 residents, Roosevelt is larger than about 18% of Minnesota's Census places.
- Population density: 149 people per square mile on 1.0 square miles of land.
- Land area: Roosevelt covers 1.0 square miles, the 499th-largest area among Minnesota's 853 places.
- Share of Minnesota: Roosevelt holds about 0.0% of the state's population, some 153 people.
- National standing: Roosevelt ranks 17,253rd of 19,457 US places.
- Growth rank: Roosevelt's 2020-to-2023 change ranks 684th of 853 places in Minnesota.
- Versus Minnesota: the state average change is +0.1%, while Roosevelt moved 2.5%.
- Density rank: Roosevelt is the 722nd most densely settled place in Minnesota.
- Density in context: Roosevelt's 149 people per square mile sit against a Minnesota median of 607.
- Location: 48.8070, -95.1010 (US Census Bureau Gazetteer).
- Nearest larger cities: Williams (7 mi); Warroad (13 mi); Baudette (24 mi); Roseau (30 mi); Badger (42 mi). A branch is convenient; it is not what sets your APR.
- Smaller communities within reach: Strathcona (52 mi); Goodridge (56 mi); Holt (61 mi).
- Smaller places within 50 miles: 0 of them.
- At 100 miles: 44 larger Census places fall inside that radius.
Land, water and location for Roosevelt
Roosevelt covers about 1.0 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 149 residents per square mile. Minneapolis, the largest place in Minnesota, is about 279 miles from Roosevelt. Within 50 miles of Roosevelt there are 7 larger Census places. The 100-mile radius contains 44 larger places.
A practical checklist for Roosevelt borrowers
Before you hand your details to a lender in Roosevelt, where the population is near 153:
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Use the loan calculator to test the payment on your intended amount and term.
- Shop at least three lenders and judge them on APR and total cost.
- Make sure the lender appears in the Minnesota regulator's licence list.
- Do not borrow more than the expense calls for, even if a lender approves a larger amount.
- Decide the purpose and how you will repay it before approaching any lender.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
In Roosevelt as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 153 residents.
The state rulebook for Roosevelt
For the roughly 153 residents of Roosevelt, the rules below are Minnesota's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota 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 lending status | Legal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603) Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis" | Minnesota Department of Commerce as of 2026-09-16 |
| Small-loan / installment lender licensing | Regulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01) Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
How a Roosevelt personal loan is priced
In Roosevelt, a small community of about 153, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The rate you see advertised is a range, not a promise, until a lender reviews your file in Roosevelt. Because the payment is fixed, the total cost of a Roosevelt loan is knowable in advance — unlike a revolving card balance.
Roosevelt in state context
Against Minnesota's other places, Roosevelt accounts for about 0.0% of the state's population and ranks 698th of 853 by size. Its 2020-to-2023 change ranks 684th of 853 Minnesota places, putting it near the 20th percentile for growth. Its roughly 149 residents per square mile place it 722nd among Minnesota's places. In land area, Roosevelt ranks 499th among Minnesota's 853 places.
Common questions
What are my options in Roosevelt if my credit is poor?
What loan size can I expect in Roosevelt?
Do I have to pledge anything to borrow in Roosevelt?
Does comparing loans in Roosevelt cost me credit score points?
Nearby places
- Williams, MN — population 155
- Warroad, MN — population 1,959
- Baudette, MN — population 935
- Roseau, MN — population 2,692
- Grygla, MN — population 175
- Badger, MN — population 419
- Goodridge, MN — population 107
- Kelliher, MN — population 250