Personal loans in Beverly, MA

Personal loans in Beverly are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 42,318 population. Price two or three terms so you can see which payment is truly affordable in Beverly. Lenders active in Beverly report to a Massachusetts supervisor, identified in the sourced rows below. For a bigger market, look to Salem, MA about 5 miles away.

The Beverly data picture

Beverly is a smaller city; the notes below cover its population profile and the statewide rules that apply.

• Population: 42,318 — Beverly ranks 30th of 54 communities in Massachusetts (US Census Bureau, Vintage 2023).
• Population trend: Roughly 0.8% fewer residents than the 2020 Census counted.
• Absolute change: 354 residents lost between 2020 and 2023.
• Size percentile: bigger than about 44% of the places in Massachusetts, with 42,318 residents in Beverly.
• Density: the Census land area of 15.1 sq mi holds about 2,804 people per square mile.
• By land area: Beverly ranks 36th among Massachusetts's 54 places, at 15.1 sq mi.
• Water: Beverly holds about 7.50 square miles, the 6th-largest water area in Massachusetts.
• State population share: Beverly accounts for about 1.2% of everyone in Massachusetts.
• National rank: Beverly is 946th of 19,457 places nationwide.
• Growth rank: Beverly's 2020-to-2023 change ranks 31st of 54 places in Massachusetts.
• Against the state trend: Beverly's 0.8% change compares with a Massachusetts average of -0.7% across its 54 places.
• Density in Massachusetts: Beverly ranks 28th by people per square mile.
• Against the state median: Beverly runs about 2,804 residents per square mile, where the Massachusetts median is 2,833.
• Location: mapped by the US Census Bureau at 42.5567, -70.8450.
• Nearest larger cities: Salem (5 mi); Peabody (7 mi); Lynn (8 mi); Revere (12 mi); Malden (14 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller communities within reach: Gloucester (10 mi); Melrose (13 mi); Winthrop Town (14 mi).
• Within a 50-mile radius: 16 smaller Census places.
• Larger places within 100 miles: 38.

How personal loans work in Beverly

A Beverly personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 42,318 residents. A lender serving Beverly's 42,318 residents must disclose the APR and finance charge in writing before you sign. The term you choose in Beverly decides the split between a comfortable payment and the total interest you pay.

Where Beverly sits

Inside Beverly's boundaries lie roughly 15.1 square miles of land and 7.50 square miles of water. The resulting density is about 2,804 people per square mile. For the state's biggest city, Boston, the distance is roughly 17 miles. A 50-mile radius around Beverly takes in 24 places that are larger. Within the same 50 miles lie 16 smaller Census places.

What Massachusetts law requires in Beverly

For the roughly 42,318 residents of Beverly, the rules below are Massachusetts's own; each row carries its publisher and retrieval date.

The Beverly borrowing checklist

Before you hand your details to a lender in Beverly, where the population is near 42,318:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Check the Massachusetts regulator's records to confirm the lender is licensed here.
5. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
6. Check the disclosure for fees that raise the true cost above the quoted rate.
7. Check that the monthly payment fits your budget next to your existing obligations.

None of these steps is Beverly-specific: the same Massachusetts licensing and disclosure rules reach all 42,318 residents.

Where Beverly sits in Massachusetts

Against Massachusetts's other places, Beverly accounts for about 1.2% of the state's population and ranks 30th of 54 by size. Its 2020-to-2023 change ranks 31st of 54 Massachusetts places, putting it near the 43th percentile for growth. By density, at about 2,804 people per square mile, it ranks 28th in Massachusetts. Between 2020 and 2023 the count changed by roughly 354 residents.