Personal loans in Forsyth, MT

Personal loans in Forsyth are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 1,616 population. With 1,616 residents, Forsyth outranks about 65% of the communities in Montana.

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.

Census figures put the 2020-to-2023 decrease in Forsyth at about 2.3%. A single loan can carry different costs on either side of a state line, and Forsyth sits on the Montana side of that line. Use the calculator on this page to price an amount and term before you commit in Forsyth. The nearest larger metro is Colstrip, MT about 26 miles away.

Forsyth: the sourced local profile

The figures below are Forsyth's own — Census population, land area and coordinates — followed by the Montana rules.

A pre-application checklist for Forsyth

Before you apply in Forsyth, a community of about 1,616, 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. Confirm the Montana licence with the regulator named above before committing.
  5. Weigh a shorter term's higher payment against the interest it saves.
  6. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  7. Be clear on what the loan is for and how it gets repaid.

In Forsyth as elsewhere in Montana, the written terms — not the advertisement — are what count for its 1,616 residents.

Forsyth in state context

Within Montana, Forsyth holds roughly 0.3% of all residents, the 44th-largest share among 127 places. Its 2020-to-2023 change ranks 111th of 127 Montana places, putting it near the 13th percentile for growth. At about 1,404 people per square mile, Forsyth is the 43rd most densely settled place in Montana. Within 50 miles sit 1 smaller Census places, alongside the 2 that are larger.

Which Montana laws govern a loan in Forsyth

Below are the Montana rules that apply to a loan made in Forsyth, each with the regulator that issued it.

RuleDetailSource
State lending regulatorMontana Division of Banking and Financial Institutions (BFID), Department of Administration
Source says: "The Montana Division of Banking and Financial Institutions (Division) does all of its licensing through the Nationwide Multistate Licensing System (NMLS)."
Montana Department of Administration, Division of Banking and Financial Institutions
as of 2026-09-16
Payday lending statusLegal; deferred deposit lenders must be licensed; fee capped at 36% per annum
Source says: "A licensee may not charge a fee for making or carrying each deferred deposit loan authorized by this part that exceeds 36% per annum"
Montana Legislative Services Division (Montana Code Annotated)
as of 2026-09-16
Small-loan / installment lender licensingConsumer loan license required under the Montana Consumer Loan Act (32-5-101); licensing through NMLS
Source says: "A consumer loan license is needed to engage in business as defined in the Montana Consumer Loan Act"
Montana Department of Administration, Division of Banking and Financial Institutions
as of 2026-09-16

Forsyth: area, density and distance

The Census Gazetteer records 1.2 square miles of land and 0.02 square miles of water within Forsyth. The resulting density is about 1,404 people per square mile. For the state's biggest city, Billings, the distance is roughly 96 miles. Counting outward 50 miles, 2 larger communities surround Forsyth. Within the same 50 miles lie 1 smaller Census places.

What is available to Forsyth borrowers

At roughly 1,404 people per square mile, Forsyth is moderately settled; 2 larger places lie within 50 miles. Distance to a branch rarely matters for Forsyth's 1,616 residents: the application is online and the price follows your credit file. The nearest bigger place is Colstrip, MT about 26 miles away.

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 Forsyth 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 Forsyth is the same as anywhere in Montana.
What loan size can I expect in Forsyth?
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 Forsyth?
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 Forsyth 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.

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