Personal loans in Clements, MN

If you are weighing a personal loan in Clements, start from the payment you can carry; its 149 residents face the same statewide rules. The 2020 count to the 2023 estimate shows about 2.6% decline in Clements. Compare APR, not the interest rate, because the APR folds in most fees on a Clements loan. The closest larger city is Morgan, MN about 7 miles away.

Clements: the sourced local profile

Set out below is Clements's local context next to the state-level rules that reach every lender here.

• Population: a Census-estimated 149, 702nd among Minnesota's 853 places (Vintage 2023).
• Population trend: A loss of roughly 2.6% between 2020 and 2023.
• Net change: roughly 4 fewer people than the 2020 Census counted.
• Size percentile: about 18% of Minnesota communities are smaller than Clements (149 residents).
• Density: the Census land area of 0.4 sq mi holds about 395 people per square mile.
• By land area: Clements ranks 746th among Minnesota's 853 places, at 0.4 sq mi.
• Within Minnesota: about 0.0% of the state's population lives in Clements.
• National standing: Clements ranks 17,297th of 19,457 US places.
• Growth rank: Clements's 2020-to-2023 change ranks 699th of 853 places in Minnesota.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Clements's 2.6%.
• Density in Minnesota: Clements ranks 546th by people per square mile.
• Density vs Minnesota: Clements's 395 people per square mile compare with a state median of 607.
• Location: 44.3801, -95.0548 (US Census Bureau Gazetteer).
• Nearest larger cities: Morgan (7 mi); Wabasso (10 mi); Springfield (11 mi); Redwood Falls (12 mi); Sanborn (12 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller communities within reach: Wanda (9 mi); Evan (11 mi); Cobden (12 mi).
• Smaller neighbours: 22 places smaller than Clements sit within 50 miles.
• At 100 miles: 387 larger Census places fall inside that radius.

The geography behind Clements

The Census Gazetteer records about 0.4 square miles of land within Clements, with no significant water area listed. Spread across it are roughly 395 residents per square mile. For the state's biggest city, Minneapolis, the distance is roughly 97 miles. Counting outward 50 miles, 73 larger communities surround Clements. The 100-mile radius contains 387 larger places.

Borrowing reach in Clements

With about 395 residents per square mile, Clements is lightly settled, and 73 larger Census places sit within 50 miles. What is available to Clements's 149 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Morgan, MN about 7 miles away.

The state rulebook for Clements

The rows below set out what a licensed lender must follow in Minnesota, and so for Clements's roughly 149 residents.

A practical checklist for Clements borrowers

Before you apply in Clements, a community of about 149, work through these steps:

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. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Verify the lender's Minnesota licence with the regulator listed on this page.
5. Be clear on what the loan is for and how it gets repaid.
6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
7. Look for an origination fee or prepayment penalty in the written disclosure.

What differs between Clements and the rest of Minnesota is not the process but the borrower's own file, among the 149 people here.

Clements against the rest of Minnesota

Clements is the 702nd-largest of 853 Census places in Minnesota and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 699th of 853 Minnesota places, putting it near the 18th percentile for growth. At about 395 people per square mile, Clements is the 546th most densely settled place in Minnesota. Between 2020 and 2023 the count changed by roughly 4 residents.