Personal loans in Wanda, MN
A lender serving Wanda holds a Minnesota licence and answers to a Minnesota regulator; no city office is involved for its 73 residents. Roughly 73 residents live in Wanda, the 792nd-largest community in Minnesota.
Verify the lender's Minnesota licence against the regulator named below before borrowing in Wanda. The 2020 count to the 2023 estimate shows about 1.4% decline in Wanda. Rate ceilings, licensing requirements and product limits for Wanda are all set at the Minnesota level. The nearest larger metro is Lamberton, MN about 6 miles away.
Borrowing in Wanda: the local picture
What follows is Wanda's place in the Census record, alongside the Minnesota rules that govern a personal loan made here.
- Population: the Census counts 73 residents in Wanda (Vintage 2023 subcounty estimate), the 792nd-largest figure among Minnesota's 853 places.
- Population trend: Lower by roughly 1.4% since the 2020 count.
- People gained or lost: about 1 fewer since the 2020 base.
- Size percentile: with 73 residents, Wanda is larger than about 7% of Minnesota's Census places.
- Population density: 282 people per square mile on 0.3 square miles of land.
- Land area rank: Wanda's 0.3 square miles rank 795th of 853 places in Minnesota.
- Share of Minnesota: Wanda holds about 0.0% of the state's population, some 73 people.
- National rank: Wanda sits 18,606th by population among the 19,457 places in this dataset.
- Growth rank: Wanda's 2020-to-2023 change ranks 529th of 853 places in Minnesota.
- State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Wanda's 1.4%.
- Density rank: Wanda is the 626th most densely settled place in Minnesota.
- Density in context: Wanda's 282 people per square mile sit against a Minnesota median of 607.
- Location: latitude 44.3132, longitude -95.2135 (Census Gazetteer).
- Nearest larger cities: Lamberton (6 mi); Wabasso (7 mi); Sanborn (8 mi); Clements (9 mi); Revere (10 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Smaller places close by: Cobden (18 mi); Evan (19 mi); Delhi (20 mi).
- Within a 50-mile radius: 9 smaller Census places.
- At 100 miles: 425 larger Census places fall inside that radius.
What to do before borrowing in Wanda
For Wanda's roughly 73 residents, these are the steps that most influence the offer:
- Pull your credit reports first and correct any error before a lender sees the file.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Confirm the lender holds a Minnesota licence by checking the regulator named above.
- Choose a term you can live with; stretching it lowers the payment but raises total interest.
- Do not borrow more than the expense calls for, even if a lender approves a larger amount.
- Decide the purpose and how you will repay it before approaching any lender.
None of these steps is Wanda-specific: the same Minnesota licensing and disclosure rules reach all 73 residents.
What Minnesota law requires in Wanda
These are Minnesota's sourced lending facts as they reach Wanda's 73 residents; the state has no city-level rate rule.
| 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 |
| Small-loan / installment lender licensing | Regulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01) Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday ability-to-repay requirement | Required 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 |
What is available to Wanda borrowers
At roughly 282 people per square mile, Wanda is lightly settled; 90 larger places lie within 50 miles. Distance to a branch rarely matters for Wanda's 73 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Lamberton, MN about 6 miles away.
Wanda's place among Minnesota's 853 places
Within Minnesota, Wanda holds roughly 0.0% of all residents, the 792nd-largest share among 853 places. On the 2020-to-2023 trend, Wanda stands 529th among Minnesota's 853 places — roughly the 38th percentile. Its roughly 282 residents per square mile place it 626th among Minnesota's places. In land area, Wanda ranks 795th among Minnesota's 853 places.
Wanda: area, density and distance
Wanda's land area is roughly 0.3 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 282 residents per square mile. Minneapolis, the largest place in Minnesota, is about 106 miles from Wanda. A 50-mile radius around Wanda takes in 90 places that are larger. The 100-mile radius contains 425 larger places.
Common questions
What are my options in Wanda if my credit is poor?
What loan size can I expect in Wanda?
Do I have to pledge anything to borrow in Wanda?
Does comparing loans in Wanda cost me credit score points?
Nearby places
- Wabasso, MN — population 728
- Lamberton, MN — population 783
- Sanborn, MN — population 321
- Clements, MN — population 149
- Revere, MN — population 88
- Seaforth, MN — population 83
- Lucan, MN — population 206
- Springfield, MN — population 1,992