Personal loans in Almont, MI
In Almont, one of 533 Census places in Michigan, the figure to compare across lenders is the APR, not the advertised rate. Pull your credit reports and line up at least three offers before you apply from Almont.
About 2,847 people live in Almont, placing it 208th of 533 Census places in Michigan. State law, not city hall, decides what a lender may do to Almont's roughly 2,847 residents, and a state regulator supervises it. Census figures put the 2020-to-2023 increase in Almont at about 0.5%. The closest larger place is Imlay City, MI about 7 miles away.
Where Almont stands
Here is the sourced Census picture for Almont, plus the Michigan lending rules that apply to a loan taken out here.
- Population: 2,847 residents; Almont is the 208th-largest of 533 places in Michigan (US Census Bureau, Vintage 2023).
- Population trend: Roughly 0.5% more residents than the 2020 Census counted.
- Change in people: the 2020-to-2023 comparison is a gain of about 15 residents.
- Size percentile: about 61% of Michigan communities are smaller than Almont (2,847 residents).
- Density: roughly 2,104 residents per square mile, spread over 1.4 sq mi of land.
- Land area: Almont covers 1.4 square miles, the 311th-largest area among Michigan's 533 places.
- Within Michigan: about 0.1% of the state's population lives in Almont.
- National standing: Almont ranks 6,437th of 19,457 US places.
- Growth in Michigan: Almont stands 160th by percentage change from 2020 to 2023, among 533 places.
- Versus Michigan: the state average change is -0.3%, while Almont moved 0.5%.
- Density in Michigan: Almont ranks 112th by people per square mile.
- Density in context: Almont's 2,104 people per square mile sit against a Michigan median of 1,078.
- Location: mapped by the US Census Bureau at 42.9208, -83.0435.
- Nearest larger cities: Imlay City (7 mi); Romeo (8 mi); Oxford (13 mi); Richmond (17 mi); Rochester (17 mi). Online lenders reach Almont no matter how far the nearest branch is.
- Nearest smaller places: Dryden (4 mi); Leonard (6 mi); Capac (8 mi).
- Smaller neighbours: 49 places smaller than Almont sit within 50 miles.
- At 100 miles: 140 larger Census places fall inside that radius.
The geography behind Almont
Almont covers about 1.4 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 2,104 residents per square mile. For the state's biggest city, Detroit, the distance is roughly 37 miles. Almont has 86 larger places within a 50-mile radius. Within the same 50 miles lie 49 smaller Census places.
What is available to Almont borrowers
At roughly 2,104 people per square mile, Almont is fairly dense; 86 larger places lie within 50 miles. Whether Almont has a local branch or not, a Michigan-licensed lender can serve its 2,847 people online on the same terms. The nearest bigger place is Imlay City, MI about 7 miles away.
Michigan rules behind a Almont personal loan
These are Michigan's sourced lending facts as they reach Almont's 2,847 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Michigan Department of Insurance and Financial Services (DIFS) Source says: ""Department" means the department of insurance and financial services" | Michigan Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed — deferred presentment service transactions (2005 PA 244; MCL 487.2121 et seq.), licensed and regulated by DIFS Source says: "AN ACT to regulate the business of providing deferred presentment service transactions; to require the licensing of providers of deferred presentment service transactions" | Michigan Legislature as of 2026-09-16 |
| Small-loan / installment lender licensing | License required from the commissioner to make regulated loans (Regulatory Loan Act, MCL 493.1 et seq.) Source says: "a person shall not engage in the business of making loans of money ... without first obtaining a license from the commissioner" | Michigan Legislature as of 2026-09-16 |
Where Almont sits in Michigan
Almont is the 208th-largest of 533 Census places in Michigan and contains about 0.1% of the state's people. On the 2020-to-2023 trend, Almont stands 160th among Michigan's 533 places — roughly the 70th percentile. Its roughly 2,104 residents per square mile place it 112th among Michigan's places. In land area, Almont ranks 311th among Michigan's 533 places.
How personal loans work in Almont
With roughly 2,847 residents, Almont is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Because pricing is borrower-level, two people in Almont can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Almont loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Nearby places
- Dryden, MI — population 1,031
- Imlay City, MI — population 3,744
- Leonard, MI — population 352
- Romeo, MI — population 3,731
- Capac, MI — population 1,968
- Armada, MI — population 1,669
- Oxford, MI — population 3,449
- Lake Orion, MI — population 2,832