Personal loans in Coal Valley, IL

Roughly 3,816 residents live in Coal Valley, the 380th-largest community in Illinois. Read the disclosure for an origination fee and any prepayment penalty before signing in Coal Valley. Coal Valley shed about 1.4% of its population between the 2020 base and the 2023 estimate. A larger market lies at Moline, IL about 4 miles away.

What the Census records for Coal Valley

Two layers matter for a Coal Valley borrower: the local population picture and Illinois's consumer-lending statutes.

• Population: 3,816 — Coal Valley ranks 380th of 1,294 communities in Illinois (US Census Bureau, Vintage 2023).
• Population trend: A loss of roughly 1.4% between 2020 and 2023.
• People gained or lost: about 53 fewer since the 2020 base.
• Size percentile: Coal Valley's 3,816 people outrank roughly 71% of the places in Illinois.
• Population density: about 1,205 people per square mile across 3.2 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area: Coal Valley covers 3.2 square miles, the 362nd-largest area among Illinois's 1,294 places.
• State population share: Coal Valley accounts for about 0.0% of everyone in Illinois.
• Nationally: Coal Valley is the 5,565th-largest of 19,457 Census places in the dataset.
• Growth rank: Coal Valley's 2020-to-2023 change ranks 338th of 1,294 places in Illinois.
• Versus Illinois: the state average change is -2.0%, while Coal Valley moved 1.4%.
• Density in Illinois: Coal Valley ranks 531st by people per square mile.
• Density in context: Coal Valley's 1,205 people per square mile sit against a Illinois median of 993.
• Location: it lies at 41.4384, -90.4394 in the Census Gazetteer.
• Nearest larger cities: Moline (4 mi); Silvis (4 mi); Colona (6 mi); East Moline (6 mi); Milan (6 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Nearest smaller places: Carbon Cliff (5 mi); Orion (7 mi); Riverdale (7 mi).
• Smaller neighbours: 128 places smaller than Coal Valley sit within 50 miles.
• At 100 miles: 83 larger Census places fall inside that radius.

Inside a Coal Valley personal loan

Coal Valley is a small community of about 3,816 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Coal Valley lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Coal Valley loan is knowable in advance — unlike a revolving card balance.

Where Coal Valley sits in Illinois

Coal Valley is the 380th-largest of 1,294 Census places in Illinois and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 338th of 1,294 Illinois places, putting it near the 74th percentile for growth. Its roughly 1,205 residents per square mile place it 531st among Illinois's places. By land area, its 3.2 square miles rank 362nd of 1,294 places in Illinois.

Land, water and location for Coal Valley

Coal Valley's land area is roughly 3.2 square miles, and the Gazetteer records no significant water area within it. That land carries about 1,205 people per square mile. Chicago, the largest place in Illinois, is about 145 miles from Coal Valley. Within 50 miles of Coal Valley there are 22 larger Census places. By land area it ranks 362nd of 1,294 Illinois places.

A pre-application checklist for Coal Valley

A sensible order of operations for a loan in Coal Valley, home to about 3,816 people:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Model the payment on the calculator before a lender models it for you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Verify the lender's Illinois licence with the regulator listed on this page.
5. Make sure the new payment leaves room in a budget you already keep.
6. Choose a term you can live with; stretching it lowers the payment but raises total interest.
7. Borrow only what the purpose requires, not the maximum you are offered.

What differs between Coal Valley and the rest of Illinois is not the process but the borrower's own file, among the 3,816 people here.

Illinois consumer-lending rules applied in Coal Valley

Illinois has no separate rate rule for Coal Valley; the sourced rows below are what reach every lender that serves its 3,816 people.