Personal loans in Braddock, ND

State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Braddock's 17 residents.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

With roughly 17 residents, Braddock is a small community, and the lending rules its borrowers live under are written in North Dakota, not by the city. At about 17 residents, Braddock is larger than roughly 7% of the places in North Dakota. The trend for Braddock between 2020 and 2023 is upward by roughly 6.2%. Price two or three terms so you can see which payment is truly affordable in Braddock. A larger market lies at Hazelton, ND about 11 miles away.

The Braddock data picture

The figures below are Braddock's own — Census population, land area and coordinates — followed by the North Dakota rules.

What to do before borrowing in Braddock

Complete these steps first when you borrow in Braddock (17 residents):

  1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
  2. Model the payment on the calculator before a lender models it for you.
  3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
  4. Look the lender up in the North Dakota regulator's licence records before you sign.
  5. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  6. Write down the purpose of the loan and your repayment plan before you apply.
  7. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.

The process is identical across North Dakota; what changes is your credit file, not the fact that Braddock holds 17 people.

The North Dakota lending rules that reach Braddock

Read the table as a lender's compliance picture for Braddock: the rule, the sourced figure, the publisher and the date.

RuleDetailSource
State lending regulatorNorth Dakota Department of Financial Institutions (NDDFI)
Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters."
North Dakota Department of Financial Institutions
as of 2026-09-16
Small-loan / installment lender licensingMoney broker license required to engage in money brokering (arranging/providing loans); issued by the commissioner of financial institutions.
Source says: "may not engage in money brokering in the state of North Dakota without a money broker license issued by the commissioner" (N.D.C.C. 13-04.1-02).
North Dakota Legislative Branch
as of 2026-09-16
Usury penalties (state-specific rule)Usury forfeits all interest plus 25% of principal; charging usurious interest is a class B misdemeanor.
Source says: "shall be deemed a forfeiture of the entire interest" and "a forfeiture of twenty-five percent of the principal" (N.D.C.C. 47-14-10); usury is a class B misdemeanor (47-14-11).
North Dakota Legislative Branch
as of 2026-09-16

How a Braddock personal loan is priced

In Braddock, a small community of about 17, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The rate you see advertised is a range, not a promise, until a lender reviews your file in Braddock. Shortening the term on a Braddock loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Where Braddock sits in North Dakota

Against North Dakota's other places, Braddock accounts for about 0.0% of the state's population and ranks 331st of 355 by size. On the 2020-to-2023 trend, Braddock stands 12th among North Dakota's 355 places — roughly the 97th percentile. By density, at about 68 people per square mile, it ranks 310th in North Dakota. By land area, its 0.2 square miles rank 285th of 355 places in North Dakota.

What is available to Braddock borrowers

Braddock is a sparsely settled community of about 17 people, with 26 larger places inside a 50-mile radius. What is available to Braddock's 17 borrowers is set by North Dakota licensing and your own credit, not by how many branches are nearby. The nearest larger city, Hazelton, ND about 11 miles away.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Braddock if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Braddock is the same as anywhere in North Dakota.
What loan size can I expect in Braddock?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Braddock?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Braddock cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

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