Personal loans in Clarks Grove, MN
An estimated 691 people make their home in Clarks Grove, a figure that ranks 422nd in Minnesota. A personal loan in Clarks Grove is priced from your credit file and income, not from the fact that the city holds 691 people.
Verify the lender's Minnesota licence against the regulator named below before borrowing in Clarks Grove. A lender that serves Clarks Grove operates under Minnesota lending statutes and a Minnesota supervisor. The 2020 count to the 2023 estimate shows about 1.1% decline in Clarks Grove. For a bigger market, look to Albert Lea, MN about 8 miles away.
Where Clarks Grove stands
Set out below is Clarks Grove's local context next to the state-level rules that reach every lender here.
- Population: an estimated 691 residents, 422nd of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
- Population trend: A loss of roughly 1.1% between 2020 and 2023.
- Change in people: the 2020-to-2023 comparison is a loss of about 8 residents.
- Size percentile: with 691 residents, Clarks Grove is larger than about 51% of Minnesota's Census places.
- Land and density: 0.6 square miles of land carry roughly 1,154 residents per square mile.
- Land area rank: Clarks Grove's 0.6 square miles rank 650th of 853 places in Minnesota.
- Water: Clarks Grove holds about 0.04 square miles, the 309th-largest water area in Minnesota.
- Share of Minnesota: Clarks Grove holds about 0.0% of the state's population, some 691 people.
- National standing: Clarks Grove ranks 11,838th of 19,457 US places.
- Growth rank: Clarks Grove's 2020-to-2023 change ranks 494th of 853 places in Minnesota.
- State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Clarks Grove's 1.1%.
- Density in Minnesota: Clarks Grove ranks 217th by people per square mile.
- Against the state median: Clarks Grove runs about 1,154 residents per square mile, where the Minnesota median is 607.
- Location: 43.7627, -93.3280 (US Census Bureau Gazetteer).
- Nearest larger cities: Albert Lea (8 mi); New Richland (12 mi); Blooming Prairie (15 mi); Austin (19 mi); Wells (20 mi). A branch is convenient; it is not what sets your APR.
- Smaller towns nearby: Geneva (5 mi); Hollandale (6 mi); Manchester (7 mi).
- Smaller neighbours: 64 places smaller than Clarks Grove sit within 50 miles.
- At 100 miles: 307 larger Census places fall inside that radius.
Clarks Grove's place among Minnesota's 853 places
Among Minnesota's 853 places, Clarks Grove sits at 422nd for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Clarks Grove ranks 494th of 853 in Minnesota (about the 42th percentile). By density, at about 1,154 people per square mile, it ranks 217th in Minnesota. In land area, Clarks Grove ranks 650th among Minnesota's 853 places.
Before you apply in Clarks Grove
Before you apply in Clarks Grove, a community of about 691, work through these steps:
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Run the numbers on the personal loan calculator so you know the payment before you apply.
- Line up several pre-qualified offers and let the APR decide.
- Confirm the Minnesota licence with the regulator named above before committing.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
- Read the disclosure for an origination fee and any prepayment penalty before signing.
- Test the payment against your current bills before you commit.
What differs between Clarks Grove and the rest of Minnesota is not the process but the borrower's own file, among the 691 people here.
Borrowing reach in Clarks Grove
Clarks Grove is a moderately settled community of about 691 people, with 57 larger places inside a 50-mile radius. Distance to a branch rarely matters for Clarks Grove's 691 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Albert Lea, MN about 8 miles away.
Minnesota consumer-lending rules applied in Clarks Grove
These are Minnesota's sourced lending facts as they reach Clarks Grove's 691 residents; the state has no city-level rate rule.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota Department of Commerce (commissioner of commerce) Source says: ""Commissioner" means the commissioner of commerce" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Small-loan / installment lender licensing | Regulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01) Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday ability-to-repay requirement | Required for payday loans with an APR above 36% (Minn. Stat. § 47.603) Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent." | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
Clarks Grove: area, density and distance
Inside Clarks Grove's boundaries lie roughly 0.6 square miles of land and 0.04 square miles of water. The resulting density is about 1,154 people per square mile. The largest place in Minnesota, Minneapolis, lies about 83 miles away. Counting outward 50 miles, 57 larger communities surround Clarks Grove. Within the same 50 miles lie 64 smaller Census places.
Common questions
What are my options in Clarks Grove if my credit is poor?
What loan size can I expect in Clarks Grove?
Do I have to pledge anything to borrow in Clarks Grove?
Does comparing loans in Clarks Grove cost me credit score points?
Nearby places
- Geneva, MN — population 502
- Ellendale, MN — population 666
- Albert Lea, MN — population 18,269
- Hollandale, MN — population 306
- Manchester, MN — population 53
- Hayward, MN — population 250
- Hartland, MN — population 313
- Glenville, MN — population 562