Personal loans in Wabasso, MN

Use the calculator on this page to price an amount and term before you commit in Wabasso. Rate ceilings, licensing requirements and product limits for Wabasso are all set at the Minnesota level. Wabasso lost roughly 1.0% of its population across the 2020-to-2023 comparison. The nearest larger metro is Lamberton, MN about 12 miles away.

Where Wabasso stands

Two layers matter for a Wabasso borrower: the local population picture and Minnesota's consumer-lending statutes.

• Population: 728 people, a figure that places Wabasso 408th among the 853 Census places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is negative, near 1.0%.
• Absolute change: 7 residents lost between 2020 and 2023.
• Size percentile: about 52% of Minnesota communities are smaller than Wabasso (728 residents).
• Density: roughly 856 residents per square mile, spread over 0.8 sq mi of land.
• Land area: Wabasso covers 0.8 square miles, the 577th-largest area among Minnesota's 853 places.
• State population share: Wabasso accounts for about 0.0% of everyone in Minnesota.
• National rank: Wabasso is the 11,611th most populous of the 19,457 Census places covered here.
• Growth rank: Wabasso ranks 465th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Wabasso's 1.0% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: Wabasso places 327th among Minnesota's places by people per square mile.
• Density in context: Wabasso's 856 people per square mile sit against a Minnesota median of 607.
• Location: 44.4025, -95.2554 (Census Gazetteer coordinates).
• Nearest larger cities: Lamberton (12 mi); Redwood Falls (13 mi); Walnut Grove (16 mi); Morgan (16 mi); Springfield (18 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller places close by: Seaforth (6 mi); Wanda (7 mi); Lucan (8 mi).
• Within a 50-mile radius: 67 smaller Census places.
• At 100 miles: 208 larger Census places fall inside that radius.

Inside a Wabasso personal loan

Most loans made to Wabasso's 728 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Wabasso. The term you choose in Wabasso decides the split between a comfortable payment and the total interest you pay.

What Minnesota law requires in Wabasso

This table holds the Minnesota rate and licensing rules for consumer loans made to Wabasso's 728 residents.

Wabasso against the rest of Minnesota

Set beside Minnesota's 853 places, Wabasso ranks 408th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Wabasso ranks 465th of 853 in Minnesota (about the 45th percentile). Its roughly 856 residents per square mile place it 327th among Minnesota's places. Within 50 miles sit 67 smaller Census places, alongside the 31 that are larger.

Land, water and location for Wabasso

The Census Gazetteer records about 0.8 square miles of land within Wabasso, with no significant water area listed. Spread across it are roughly 856 residents per square mile. Minneapolis, the largest place in Minnesota, is about 105 miles from Wabasso. Wabasso has 31 larger places within a 50-mile radius. Within the same 50 miles lie 67 smaller Census places.

The Wabasso borrowing checklist

A sensible order of operations for a loan in Wabasso, home to about 728 people:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Make sure the lender appears in the Minnesota regulator's licence list.
5. Check the disclosure for fees that raise the true cost above the quoted rate.
6. Check that the monthly payment fits your budget next to your existing obligations.
7. Pick the shortest term whose payment you can comfortably afford.

In Wabasso as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 728 residents.