Personal loans in Caledonia, MN

Caledonia is home to roughly 2,794 people and stands 219th by size out of 853 Census places in Minnesota. The closest larger city is La Crescent, MN about 17 miles away. Caledonia shed about 2.0% of its population between the 2020 base and the 2023 estimate. Consumer lending that reaches Caledonia's 2,794 residents is governed by Minnesota statute; no city ordinance changes it. If debt is already a strain, a nonprofit credit counsellor can help Caledonia residents before they take on more.

Caledonia: the sourced local profile

Read the local figures below as context; read the sourced Minnesota table as the rulebook a lender here must follow.

• Population: about 2,794 people live here, which puts Caledonia 219th of 853 Census places in Minnesota (Vintage 2023).
• Population trend: Lower by roughly 2.0% since the 2020 count.
• Change in people: the 2020-to-2023 comparison is a loss of about 58 residents.
• Size percentile: Caledonia sits ahead of around 74% of Minnesota places, at 2,794 people.
• Land and density: 2.8 square miles of land carry roughly 989 residents per square mile.
• By land area: Caledonia ranks 263rd among Minnesota's 853 places, at 2.8 sq mi.
• Share of state population: Caledonia's 2,794 residents are about 0.1% of Minnesota.
• Nationally: Caledonia is the 6,500th-largest of 19,457 Census places in the dataset.
• Growth in Minnesota: Caledonia stands 629th by percentage change from 2020 to 2023, among 853 places.
• Against the state trend: Caledonia's 2.0% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: Caledonia is the 274th most densely settled place in Minnesota.
• Density in context: Caledonia's 989 people per square mile sit against a Minnesota median of 607.
• Location: the Census Gazetteer records it at 43.6341, -91.5004.
• Nearest larger cities: La Crescent (17 mi); La Crosse (19 mi); Onalaska (23 mi); Waukon (25 mi); Holmen (26 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Nearest smaller towns: Spring Grove (9 mi); Eitzen (9 mi); Houston (9 mi).
• Smaller places within 50 miles: 89 of them.
• At 100 miles: 73 larger Census places fall inside that radius.

How personal loans work in Caledonia

Caledonia is a small community of about 2,794 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Caledonia can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Caledonia loan is knowable in advance — unlike a revolving card balance.

Caledonia in state context

Within Minnesota, Caledonia holds roughly 0.1% of all residents, the 219th-largest share among 853 places. On the 2020-to-2023 trend, Caledonia stands 629th among Minnesota's 853 places — roughly the 26th percentile. At about 989 people per square mile, Caledonia is the 274th most densely settled place in Minnesota. By land area, its 2.8 square miles rank 263rd of 853 places in Minnesota.

Minnesota rules behind a Caledonia personal loan

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

Getting a loan in Caledonia

With about 989 residents per square mile, Caledonia is moderately settled, and 17 larger Census places sit within 50 miles. Whether Caledonia has a local branch or not, a Minnesota-licensed lender can serve its 2,794 people online on the same terms. The nearest larger city, La Crescent, MN about 17 miles away.

What to do before borrowing in Caledonia

Before you hand your details to a lender in Caledonia, where the population is near 2,794:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Line up several pre-qualified offers and let the APR decide.
4. Verify the lender's Minnesota licence with the regulator listed on this page.
5. Look for an origination fee or prepayment penalty in the written disclosure.
6. Test the payment against your current bills before you commit.
7. Pick the shortest term whose payment you can comfortably afford.

None of these steps is Caledonia-specific: the same Minnesota licensing and disclosure rules reach all 2,794 residents.