Personal loans in Fosston, MN

In Fosston, one of 853 Census places in Minnesota, the figure to compare across lenders is the APR, not the advertised rate. Fosston ranks 303rd of 853 places in Minnesota, with a population near 1,382. The 2020 count to the 2023 estimate shows about 3.4% decline in Fosston. Begin with the payment, then weigh APR and total interest across the lenders that reach Fosston's 1,382 residents. The nearest larger metro is Ada, MN about 41 miles away.

Fosston: the sourced local profile

Only a few things actually differ by place — population, area, location, and the Minnesota rules a lender must follow — and they are below.

• Population: 1,382 residents; Fosston is the 303rd-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: Roughly 3.4% fewer residents than the 2020 Census counted.
• Net change: roughly 48 fewer people than the 2020 Census counted.
• Size percentile: Fosston sits ahead of around 64% of Minnesota places, at 1,382 people.
• Population density: about 687 people per square mile (Census land area 2.0 sq mi).
• Land area: Fosston covers 2.0 square miles, the 327th-largest area among Minnesota's 853 places.
• Water area: Fosston has 0.13 square miles of water, ranking 224th of 853 places in Minnesota.
• Within Minnesota: about 0.0% of the state's population lives in Fosston.
• National standing: Fosston ranks 9,011th of 19,457 US places.
• Growth rank: Fosston's 2020-to-2023 change ranks 777th of 853 places in Minnesota.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Fosston's 3.4%.
• Density in Minnesota: Fosston ranks 387th by people per square mile.
• Density in context: Fosston's 687 people per square mile sit against a Minnesota median of 607.
• Location: the Census Gazetteer records it at 47.5851, -95.7527.
• Nearest larger cities: Ada (41 mi); Bemidji (41 mi); Thief River Falls (41 mi); Crookston (42 mi); Detroit Lakes (54 mi). A branch is convenient; it is not what sets your APR.
• Nearest smaller places: McIntosh (7 mi); Lengby (7 mi); Winger (11 mi).
• Smaller places within 50 miles: 37 of them.
• Within 100 miles: 33 places are larger than Fosston.

A practical checklist for Fosston borrowers

For Fosston's roughly 1,382 residents, these are the steps that most influence the offer:

1. Get your credit reports, dispute what is wrong, and only then start shopping.
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. Look the lender up in the Minnesota regulator's licence records before you sign.
5. Borrow only what the purpose requires, not the maximum you are offered.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.

The process is identical across Minnesota; what changes is your credit file, not the fact that Fosston holds 1,382 people.

How Fosston compares across Minnesota

Set beside Minnesota's 853 places, Fosston ranks 303rd by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Fosston stands 777th among Minnesota's 853 places — roughly the 9th percentile. By density, at about 687 people per square mile, it ranks 387th in Minnesota. Between 2020 and 2023 the count changed by roughly 48 residents.

Minnesota rules behind a Fosston personal loan

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

Land, water and location for Fosston

Inside Fosston's boundaries lie roughly 2.0 square miles of land and 0.13 square miles of water. That land carries about 687 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 217 miles away. Counting outward 50 miles, 4 larger communities surround Fosston. By land area it ranks 327th of 853 Minnesota places.

What shapes a Fosston personal loan

In Fosston, a small community of about 1,382, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The rate you see advertised is a range, not a promise, until a lender reviews your file in Fosston. Because the payment is fixed, the total cost of a Fosston loan is knowable in advance — unlike a revolving card balance.