Personal loans in Felton, MN

Felton ranks 682nd of 853 places in Minnesota, with a population near 168. A lender serving Felton holds a Minnesota licence and answers to a Minnesota regulator; no city office is involved for its 168 residents.

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.

Felton lost roughly 3.4% of its population across the 2020-to-2023 comparison. Compare APR, not the interest rate, because the APR folds in most fees on a Felton loan. Rate ceilings, licensing requirements and product limits for Felton are all set at the Minnesota level. The closest larger city is Ulen, MN about 12 miles away.

Felton: population, trend and location

Felton is a small community; the notes below cover its population profile and the statewide rules that apply.

Where Felton sits in Minnesota

Set beside Minnesota's 853 places, Felton ranks 682nd by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 781st of 853 Minnesota places, putting it near the 8th percentile for growth. By density, at about 166 people per square mile, it ranks 704th in Minnesota. By land area, its 1.0 square miles rank 511th of 853 places in Minnesota.

Felton: area, density and distance

Inside Felton's boundaries lie about 1.0 square miles of land, with no significant water area recorded. That land carries about 166 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 213 miles. Within 50 miles of Felton there are 56 larger Census places. By land area it ranks 511th of 853 Minnesota places.

A pre-application checklist for Felton

For Felton's roughly 168 residents, these are the steps that most influence the offer:

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Test your amount and term in the personal loan calculator first.
  3. Shop at least three lenders and judge them on APR and total cost.
  4. Confirm the lender holds a Minnesota licence by checking the regulator named above.
  5. Check the disclosure for fees that raise the true cost above the quoted rate.
  6. Check that the monthly payment fits your budget next to your existing obligations.
  7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

What differs between Felton and the rest of Minnesota is not the process but the borrower's own file, among the 168 people here.

Lender access in Felton

Felton is a lightly settled community of about 168 people, with 56 larger places inside a 50-mile radius. A Minnesota licence lets a lender serve Felton without a local office, so branch density does not change what its 168 residents are offered. The nearest larger city, Ulen, MN about 12 miles away.

How Minnesota law applies in Felton

These are Minnesota's sourced lending facts as they reach Felton's 168 residents; the state has no city-level rate rule.

RuleDetailSource
State lending regulatorMinnesota 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
Payday lending statusLegal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603)
Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis"
Minnesota Department of Commerce
as of 2026-09-16
Small-loan / installment lender licensingRegulated 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

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 Felton 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 Felton is the same as anywhere in Minnesota.
What loan size can I expect in Felton?
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 Felton?
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 Felton 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.

Nearby places

Related