Personal loans in Wanamingo, MN
Personal loans in Wanamingo are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 1,107 population. Price two or three terms so you can see which payment is truly affordable in Wanamingo. The Census counts 1,107 people in Wanamingo, the 342nd-largest figure among Minnesota's 853 places. A lender that serves Wanamingo operates under Minnesota lending statutes and a Minnesota supervisor. From the 2020 Census base to the 2023 estimate, the population declined by about 0.4%. The next larger city is Zumbrota, MN about 6 miles away.
Wanamingo: population, trend and location
Only a few things actually differ by place — population, area, location, and the Minnesota rules a lender must follow — and they are below.
- Population: 1,107 residents; Wanamingo is the 342nd-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: A loss of roughly 0.4% between 2020 and 2023.
- People gained or lost: about 4 fewer since the 2020 base.
- Size percentile: roughly 60% of Minnesota's places have fewer residents than Wanamingo's 1,107.
- Population density: about 781 people per square mile across 1.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area rank: Wanamingo's 1.4 square miles rank 410th of 853 places in Minnesota.
- State share: roughly 0.0% of Minnesota's residents live in Wanamingo (1,107 people).
- National rank: Wanamingo is 9,833rd of 19,457 places nationwide.
- Growth rank: Wanamingo's 2020-to-2023 change ranks 379th of 853 places in Minnesota.
- Against the state trend: Wanamingo's 0.4% change compares with a Minnesota average of +0.1% across its 853 places.
- Density in Minnesota: Wanamingo ranks 360th by people per square mile.
- Density in context: Wanamingo's 781 people per square mile sit against a Minnesota median of 607.
- Location: 44.3028, -92.7873 (US Census Bureau Gazetteer).
- Nearest larger cities: Zumbrota (6 mi); Kenyon (10 mi); Goodhue (10 mi); Pine Island (11 mi); Cannon Falls (16 mi). Online lenders reach Wanamingo no matter how far the nearest branch is.
- Nearest smaller places: West Concord (12 mi); Mazeppa (12 mi); Nerstrand (14 mi).
- Smaller neighbours: 58 places smaller than Wanamingo sit within 50 miles.
- Larger places within 100 miles: 281.
How Minnesota law applies in Wanamingo
This table holds the Minnesota rate and licensing rules for consumer loans made to Wanamingo's 1,107 residents.
| 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 |
| 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 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 |
Getting a loan in Wanamingo
Wanamingo is moderately settled, with about 781 people per square mile and 77 larger places within 50 miles. Whether Wanamingo has a local branch or not, a Minnesota-licensed lender can serve its 1,107 people online on the same terms. The nearest bigger place is Zumbrota, MN about 6 miles away.
The Wanamingo borrowing checklist
Complete these steps first when you borrow in Wanamingo (1,107 residents):
- Pull your credit reports first and correct any error before a lender sees the file.
- Model the payment on the calculator before a lender models it for you.
- Collect three or more offers and compare them on APR, not on the advertised rate.
- Confirm the lender holds a Minnesota licence by checking the regulator named above.
- Check that the monthly payment fits your budget next to your existing obligations.
- Weigh a shorter term's higher payment against the interest it saves.
- Keep the amount to the expense; an approval is not a reason to take more.
What differs between Wanamingo and the rest of Minnesota is not the process but the borrower's own file, among the 1,107 people here.
Wanamingo on the map
The Census Gazetteer records about 1.4 square miles of land within Wanamingo, with no significant water area listed. The resulting density is about 781 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 51 miles away. A 50-mile radius around Wanamingo takes in 77 places that are larger. Within the same 50 miles lie 58 smaller Census places.
Wanamingo's place among Minnesota's 853 places
Against Minnesota's other places, Wanamingo accounts for about 0.0% of the state's population and ranks 342nd of 853 by size. Its 2020-to-2023 change ranks 379th of 853 Minnesota places, putting it near the 56th percentile for growth. By density, at about 781 people per square mile, it ranks 360th in Minnesota. In land area, Wanamingo ranks 410th among Minnesota's 853 places.
Common questions
What are my options in Wanamingo if my credit is poor?
What loan size can I expect in Wanamingo?
Do I have to pledge anything to borrow in Wanamingo?
Does comparing loans in Wanamingo cost me credit score points?
Nearby places
- Zumbrota, MN — population 4,005
- West Concord, MN — population 841
- Goodhue, MN — population 1,245
- Pine Island, MN — population 3,871
- Kenyon, MN — population 1,878
- Cannon Falls, MN — population 4,202
- Mantorville, MN — population 1,101
- Mazeppa, MN — population 884