Personal loans in Beverly Hills, MI

If debt is already a strain, a nonprofit credit counsellor can help Beverly Hills residents before they take on more. Rate ceilings, licensing requirements and product limits for Beverly Hills are all set at the Michigan level. Census figures put the 2020-to-2023 decrease in Beverly Hills at about 2.0%. The closest larger place is Birmingham, MI about 2 miles away.

Beverly Hills: the sourced local profile

Set out below is Beverly Hills's local context next to the state-level rules that reach every lender here.

• Population: about 10,390 people live here, which puts Beverly Hills 88th of 533 Census places in Michigan (Vintage 2023).
• Population trend: Down about 2.0% from the 2020 Census base to the 2023 estimate.
• People gained or lost: about 208 fewer since the 2020 base.
• Size percentile: roughly 83% of Michigan places rank below Beverly Hills.
• Land and density: 4.0 square miles of land carry roughly 2,583 residents per square mile.
• By land area: Beverly Hills ranks 121st among Michigan's 533 places, at 4.0 sq mi.
• Water area rank: Beverly Hills ranks 294th among Michigan's 533 places, with 0.02 sq mi.
• Share of state population: Beverly Hills's 10,390 residents are about 0.2% of Michigan.
• National standing: Beverly Hills ranks 3,064th of 19,457 US places.
• Growth rank: Beverly Hills ranks 447th among Michigan's 533 places for the 2020-to-2023 change.
• State comparison: Michigan's places average -0.3% for 2020-to-2023, against Beverly Hills's 2.0%.
• Density in Michigan: Beverly Hills ranks 81st by people per square mile.
• Density in context: Beverly Hills's 2,583 people per square mile sit against a Michigan median of 1,078.
• Location: mapped by the US Census Bureau at 42.5225, -83.2403.
• Nearest larger cities: Birmingham (2 mi); Berkley (3 mi); Southfield (3 mi); Royal Oak (5 mi); Clawson (5 mi). A branch is convenient; it is not what sets your APR.
• Nearest smaller towns: Bingham Farms (2 mi); Lathrup Village (2 mi); Franklin (3 mi).
• Smaller places within 50 miles: 89 of them.
• Larger places within 100 miles: 84.

Where Beverly Hills sits

Inside Beverly Hills's boundaries lie roughly 4.0 square miles of land and 0.02 square miles of water. That land carries about 2,583 people per square mile. The state's population centre of gravity, Detroit, is roughly 12 miles away. Counting outward 50 miles, 55 larger communities surround Beverly Hills. Within the same 50 miles lie 89 smaller Census places.

What is available to Beverly Hills borrowers

Beverly Hills is fairly dense, with about 2,583 people per square mile and 55 larger places within 50 miles. What is available to Beverly Hills's 10,390 borrowers is set by Michigan licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Birmingham, MI about 2 miles away.

How Michigan law applies in Beverly Hills

This table holds the Michigan rate and licensing rules for consumer loans made to Beverly Hills's 10,390 residents.

How personal loans work in Beverly Hills

In Beverly Hills, a small town of about 10,390, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Beverly Hills's 10,390 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Beverly Hills loan but raises total interest, so the smallest payment is not the cheapest loan.

How Beverly Hills compares across Michigan

Set beside Michigan's 533 places, Beverly Hills ranks 88th by population and holds about 0.2% of the state total. For population change between 2020 and 2023, Beverly Hills ranks 447th of 533 in Michigan (about the 16th percentile). At about 2,583 people per square mile, Beverly Hills is the 81st most densely settled place in Michigan. Between 2020 and 2023 the count changed by roughly 208 residents.