Personal loans in Clarksville, MI

For a borrower among the roughly 399 residents of Clarksville, a personal loan is a tool whose cost turns on the terms, not the address. Clarksville is one of 533 Census places in Michigan; its 399 residents put it at 463rd.

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.

Population in Clarksville climbed about 0.3% over the three years from 2020 to 2023. Begin with the payment, then weigh APR and total interest across the lenders that reach Clarksville's 399 residents. The next larger city is Saranac, MI about 6 miles away. A single loan can carry different costs on either side of a state line, and Clarksville sits on the Michigan side of that line.

Clarksville: population, trend and location

What follows is Clarksville's place in the Census record, alongside the Michigan rules that govern a personal loan made here.

Land, water and location for Clarksville

The Census Gazetteer records about 0.5 square miles of land within Clarksville, with no significant water area listed. With 399 residents, the land area yields roughly 792 people per square mile. The state's population centre of gravity, Detroit, is roughly 113 miles away. A 50-mile radius around Clarksville takes in 88 places that are larger. By land area it ranks 511th of 533 Michigan places.

Michigan consumer-lending rules applied in Clarksville

Below are the Michigan rules that apply to a loan made in Clarksville, each with the regulator that issued it.

RuleDetailSource
State lending regulatorMichigan Department of Insurance and Financial Services (DIFS)
Source says: ""Department" means the department of insurance and financial services"
Michigan Legislature
as of 2026-09-16
Maximum legal interest rate (usury cap)7% per annum maximum by written agreement; 5% legal rate (MCL 438.31)
Source says: "it shall be lawful for the parties to stipulate in writing for the payment of any rate of interest, not exceeding 7% per annum"
Michigan Legislature
as of 2026-09-16
Payday lending statusLegal and licensed — deferred presentment service transactions (2005 PA 244; MCL 487.2121 et seq.), licensed and regulated by DIFS
Source says: "AN ACT to regulate the business of providing deferred presentment service transactions; to require the licensing of providers of deferred presentment service transactions"
Michigan Legislature
as of 2026-09-16

What is available to Clarksville borrowers

Clarksville is moderately settled, with about 792 people per square mile and 88 larger places within 50 miles. A Michigan licence lets a lender serve Clarksville without a local office, so branch density does not change what its 399 residents are offered. The nearest bigger place is Saranac, MI about 6 miles away.

What shapes a Clarksville personal loan

Clarksville is a small community of about 399 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Clarksville's rank of 463rd in Michigan: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Clarksville loan is knowable in advance — unlike a revolving card balance.

Clarksville's place among Michigan's 533 places

Set beside Michigan's 533 places, Clarksville ranks 463rd by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Clarksville stands 184th among Michigan's 533 places — roughly the 65th percentile. By density, at about 792 people per square mile, it ranks 349th in Michigan. Between 2020 and 2023 the count changed by roughly 1 residents.

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 Clarksville 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 Clarksville is the same as anywhere in Michigan.
What loan size can I expect in Clarksville?
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 Clarksville?
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 Clarksville 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.

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