Personal loans in Waltham, MN

Local context for Waltham

Most of what governs a Waltham loan is written in Minnesota law rather than in the city; the sourced notes below make that split concrete.

• Population: an estimated 164 residents, 689th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: Roughly 0.6% more residents than the 2020 Census counted.
• Absolute change: 1 residents added between 2020 and 2023.
• Size percentile: bigger than about 19% of the places in Minnesota, with 164 residents in Waltham.
• Density: the Census land area of 0.5 sq mi holds about 343 people per square mile.
• Land area: Waltham covers 0.5 square miles, the 704th-largest area among Minnesota's 853 places.
• State share: roughly 0.0% of Minnesota's residents live in Waltham (164 people).
• Nationally: Waltham is the 17,065th-largest of 19,457 Census places in the dataset.
• Growth rank: Waltham's 2020-to-2023 change ranks 273rd of 853 places in Minnesota.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Waltham's 0.6%.
• Density rank: Waltham places 585th among Minnesota's places by people per square mile.
• Against the state median: Waltham runs about 343 residents per square mile, where the Minnesota median is 607.
• Location: latitude 43.8193, longitude -92.8746 (Census Gazetteer).
• Nearest larger cities: Hayfield (5 mi); Brownsdale (5 mi); Blooming Prairie (10 mi); Dexter (11 mi); Austin (11 mi). Living near a larger metro rarely changes what is available in Waltham.
• Smaller places close by: Sargeant (4 mi); Mapleview (10 mi); Elkton (14 mi).
• Smaller neighbours: 23 places smaller than Waltham sit within 50 miles.
• Larger places within 100 miles: 478.

Getting a loan in Waltham

Waltham is lightly settled, with about 343 people per square mile and 94 larger places within 50 miles. What is available to Waltham's 164 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Hayfield, MN about 5 miles away.

The anatomy of a Waltham personal loan

Waltham is a small community of about 164 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Waltham lender to disclose the APR and finance charge before you sign. Shortening the term on a Waltham loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

What to do before borrowing in Waltham

For Waltham's roughly 164 residents, these are the steps that most influence the offer:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Test your amount and term in the personal loan calculator first.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Make sure the lender appears in the Minnesota regulator's licence list.
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. Check that the monthly payment fits your budget next to your existing obligations.

In Waltham as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 164 residents.

The state rulebook for Waltham

Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Waltham lender must follow.

Where Waltham sits in Minnesota

Among Minnesota's 853 places, Waltham sits at 689th for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Waltham ranks 273rd of 853 in Minnesota (about the 68th percentile). By density, at about 343 people per square mile, it ranks 585th in Minnesota. In land area, Waltham ranks 704th among Minnesota's 853 places.