Personal loans in Tyler, MN

With roughly 1,104 residents, Tyler is a small community, and the lending rules its borrowers live under are written in Minnesota, not by the city. Tyler lost roughly 3.3% of its population across the 2020-to-2023 comparison.

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

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.

At about 1,104 residents, Tyler is larger than roughly 60% of the places in Minnesota. Work out your debt-to-income ratio first; lenders weigh it heavily, and Tyler's 1,104 residents are no exception. For the 1,104 people in Tyler, Minnesota runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. The closest larger place is Marshall, MN about 21 miles away.

Tyler: population, trend and location

Here is the sourced Census picture for Tyler, plus the Minnesota lending rules that apply to a loan taken out here.

Tyler against the rest of Minnesota

Against Minnesota's other places, Tyler accounts for about 0.0% of the state's population and ranks 343rd of 853 by size. On the 2020-to-2023 trend, Tyler stands 775th among Minnesota's 853 places — roughly the 9th percentile. At about 525 people per square mile, Tyler is the 463rd most densely settled place in Minnesota. Between 2020 and 2023 the count changed by roughly 38 residents.

A pre-application checklist for Tyler

A sensible order of operations for a loan in Tyler, home to about 1,104 people:

  1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  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. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
  6. Read the disclosure for an origination fee and any prepayment penalty before signing.
  7. Make sure the new payment leaves room in a budget you already keep.

What differs between Tyler and the rest of Minnesota is not the process but the borrower's own file, among the 1,104 people here.

What a Tyler borrower is actually offered

Tyler is a small community of about 1,104 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Tyler's rank of 343rd in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Tyler loan is knowable in advance — unlike a revolving card balance.

Minnesota consumer-lending rules applied in Tyler

When Minnesota does not publish a figure, the row links to the source instead of inventing a number; Tyler is bound by the same rules.

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
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
Payday lending statusLegal 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

Tyler on the map

Tyler covers about 2.1 square miles of land, with 0.04 square miles of water inside its boundaries (Census Gazetteer). That land carries about 525 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 149 miles. A 50-mile radius around Tyler takes in 21 places that are larger. By land area it ranks 316th of 853 Minnesota places.

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

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