Personal loans in Roscoe, MN

The Census estimates 129 residents in Roscoe, which ranks it 722nd of 853 places in Minnesota. If you are weighing a personal loan in Roscoe, start from the payment you can carry; its 129 residents face the same statewide rules.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

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.

From the 2020 Census base to the 2023 estimate, the population rose by about 1.6%. Price two or three terms so you can see which payment is truly affordable in Roscoe. Lenders active in Roscoe report to a Minnesota supervisor, identified in the sourced rows below. The closest larger city is St. Martin, MN about 5 miles away.

Where Roscoe stands

Set out below is Roscoe's local context next to the state-level rules that reach every lender here.

What is available to Roscoe borrowers

Roscoe is lightly settled, with about 208 people per square mile and 102 larger places within 50 miles. Lenders licensed in Minnesota reach Roscoe's 129 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is St. Martin, MN about 5 miles away.

What to do before borrowing in Roscoe

A sensible order of operations for a loan in Roscoe, home to about 129 people:

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Test your amount and term in the personal loan calculator first.
  3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
  4. Verify the lender's Minnesota licence with the regulator listed on this page.
  5. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
  6. Read the disclosure for an origination fee and any prepayment penalty before signing.
  7. Check that the monthly payment fits your budget next to your existing obligations.

The process is identical across Minnesota; what changes is your credit file, not the fact that Roscoe holds 129 people.

Where Roscoe sits in Minnesota

Set beside Minnesota's 853 places, Roscoe ranks 722nd by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 193rd of 853 Minnesota places, putting it near the 77th percentile for growth. At about 208 people per square mile, Roscoe is the 674th most densely settled place in Minnesota. Between 2020 and 2023 the count changed by roughly 2 residents.

Roscoe on the map

The Census Gazetteer records about 0.6 square miles of land within Roscoe, with no significant water area listed. With 129 residents, the land area yields roughly 208 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 74 miles. Roscoe has 102 larger places within a 50-mile radius. Within the same 50 miles lie 15 smaller Census places.

The Minnesota lending rules that reach Roscoe

For the roughly 129 residents of Roscoe, 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
Compare personal loan offers Run the numbers first

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

Nearby places

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