Personal loans in Ellsworth, MI

With an estimated 361 residents, Ellsworth is the 471st-largest of 533 places in Michigan. Consumer lending that reaches Ellsworth's 361 residents is governed by Michigan statute; no city ordinance changes it. A 2020-to-2023 comparison shows Ellsworth up by about 3.7%. The nearest larger metro is East Jordan, MI about 6 miles away.

Ellsworth: population, trend and location

Most of what governs a Ellsworth loan is written in Michigan law rather than in the city; the sourced notes below make that split concrete.

• Population: an estimated 361 residents, 471st of 533 places in Michigan (Census Vintage 2023 subcounty estimate).
• Population trend: Growth of about 3.7% across the 2020-to-2023 comparison.
• Net change: roughly 13 more people than the 2020 Census counted.
• Size percentile: Ellsworth's 361 people outrank roughly 12% of the places in Michigan.
• Population density: about 483 people per square mile (Census land area 0.7 sq mi).
• Land area: Ellsworth covers 0.7 square miles, the 487th-largest area among Michigan's 533 places.
• Water area rank: Ellsworth ranks 185th among Michigan's 533 places, with 0.08 sq mi.
• Share of Michigan: Ellsworth holds about 0.0% of the state's population, some 361 people.
• National rank: Ellsworth is the 14,504th most populous of the 19,457 Census places covered here.
• Growth rank: Ellsworth's 2020-to-2023 change ranks 22nd of 533 places in Michigan.
• Against the state trend: Ellsworth's 3.7% change compares with a Michigan average of -0.3% across its 533 places.
• Density rank: Ellsworth is the 447th most densely settled place in Michigan.
• Against the state median: Ellsworth runs about 483 residents per square mile, where the Michigan median is 1,078.
• Location: it lies at 45.1672, -85.2429 in the Census Gazetteer.
• Nearest larger cities: East Jordan (6 mi); Central Lake (7 mi); Charlevoix (10 mi); Boyne City (12 mi); Bellaire (14 mi). Lenders licensed in the state serve Ellsworth whether or not they keep a local branch.
• Smaller places nearby: Wolverine (32 mi); Lake Ann (42 mi); Empire (47 mi).
• Smaller neighbours: 3 places smaller than Ellsworth sit within 50 miles.
• Larger places within 100 miles: 65.

How Michigan law applies in Ellsworth

This table holds the Michigan rate and licensing rules for consumer loans made to Ellsworth's 361 residents.

Where Ellsworth sits in Michigan

Against Michigan's other places, Ellsworth accounts for about 0.0% of the state's population and ranks 471st of 533 by size. Its 2020-to-2023 change ranks 22nd of 533 Michigan places, putting it near the 96th percentile for growth. At about 483 people per square mile, Ellsworth is the 447th most densely settled place in Michigan. In land area, Ellsworth ranks 487th among Michigan's 533 places.

What to do before borrowing in Ellsworth

Complete these steps first when you borrow in Ellsworth (361 residents):

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Make sure the lender appears in the Michigan regulator's licence list.
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. Read the disclosure for an origination fee and any prepayment penalty before signing.

None of these steps is Ellsworth-specific: the same Michigan licensing and disclosure rules reach all 361 residents.

What is available to Ellsworth borrowers

Ellsworth is lightly settled, with about 483 people per square mile and 23 larger places within 50 miles. What is available to Ellsworth's 361 borrowers is set by Michigan licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is East Jordan, MI about 6 miles away.

What a Ellsworth borrower is actually offered

Ellsworth is a small community of about 361 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Ellsworth. The term you choose in Ellsworth decides the split between a comfortable payment and the total interest you pay.