Personal loans in Foley, MN
A single loan can carry different costs on either side of a state line, and Foley sits on the Minnesota side of that line. By population, Foley sits at 226th in Minnesota, with an estimated 2,673 residents.
A lender serving Foley holds a Minnesota licence and answers to a Minnesota regulator; no city office is involved for its 2,673 residents. The 2020 count to the 2023 estimate shows about 1.2% decline in Foley. Verify the lender's Minnesota licence against the regulator named below before borrowing in Foley. The nearest larger city is Sauk Rapids, MN about 13 miles away.
Foley by the numbers
What follows is Foley's place in the Census record, alongside the Minnesota rules that govern a personal loan made here.
- Population: an estimated 2,673 residents, 226th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
- Population trend: Down about 1.2% from the 2020 Census base to the 2023 estimate.
- Net change: roughly 33 fewer people than the 2020 Census counted.
- Size percentile: roughly 74% of Minnesota's places have fewer residents than Foley's 2,673.
- Population density: about 1,041 people per square mile across 2.6 square miles of land (Census Gazetteer area, Vintage 2023 population).
- By land area: Foley ranks 284th among Minnesota's 853 places, at 2.6 sq mi.
- State population share: Foley accounts for about 0.1% of everyone in Minnesota.
- Nationally: Foley is the 6,642nd-largest of 19,457 Census places in the dataset.
- Growth in Minnesota: Foley stands 507th by percentage change from 2020 to 2023, among 853 places.
- Versus Minnesota: the state average change is +0.1%, while Foley moved 1.2%.
- Density rank: Foley is the 257th most densely settled place in Minnesota.
- Against the state median: Foley runs about 1,041 residents per square mile, where the Minnesota median is 607.
- Location: 45.6636, -93.9095 (US Census Bureau Gazetteer).
- Nearest larger cities: Sauk Rapids (13 mi); Milaca (14 mi); Sartell (15 mi); St. Cloud (16 mi); Princeton (17 mi). Online lenders reach Foley no matter how far the nearest branch is.
- Smaller places nearby: Gilman (5 mi); Foreston (11 mi); Pease (13 mi).
- Within a 50-mile radius: 70 smaller Census places.
- At 100 miles: 175 larger Census places fall inside that radius.
What Minnesota law requires in Foley
This table holds the Minnesota rate and licensing rules for consumer loans made to Foley's 2,673 residents.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota 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 |
| Small-loan / installment lender licensing | Regulated 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 |
| Payday ability-to-repay requirement | Required for payday loans with an APR above 36% (Minn. Stat. § 47.603) Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent." | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
Land, water and location for Foley
Inside Foley's boundaries lie about 2.6 square miles of land, with no significant water area recorded. Spread across it are roughly 1,041 residents per square mile. For the state's biggest city, Minneapolis, the distance is roughly 58 miles. Counting outward 50 miles, 58 larger communities surround Foley. By land area it ranks 284th of 853 Minnesota places.
Borrowing reach in Foley
With about 1,041 residents per square mile, Foley is moderately settled, and 58 larger Census places sit within 50 miles. Distance to a branch rarely matters for Foley's 2,673 residents: the application is online and the price follows your credit file. The nearest bigger place is Sauk Rapids, MN about 13 miles away.
Foley's place among Minnesota's 853 places
Against Minnesota's other places, Foley accounts for about 0.1% of the state's population and ranks 226th of 853 by size. Its 2020-to-2023 change ranks 507th of 853 Minnesota places, putting it near the 41th percentile for growth. By density, at about 1,041 people per square mile, it ranks 257th in Minnesota. Between 2020 and 2023 the count changed by roughly 33 residents.
Inside a Foley personal loan
With roughly 2,673 residents, Foley is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Foley's rank of 226th in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Foley loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
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Nearby places
- Gilman, MN — population 217
- Foreston, MN — population 573
- Clear Lake, MN — population 668
- Sauk Rapids, MN — population 13,775
- Pease, MN — population 243
- Milaca, MN — population 3,053
- Becker, MN — population 5,074
- Clearwater, MN — population 2,106