Personal loans in Frazee, MN

The Census counts 1,308 people in Frazee, the 319th-largest figure among Minnesota's 853 places. The closest larger city is Detroit Lakes, MN about 9 miles away. Which products a lender may offer to Frazee's 1,308 residents follows from the Minnesota consumer-lending framework. Decide the purpose of the loan and your repayment plan before sharing any details with a Frazee lender.

Frazee by the numbers

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

• Population: 1,308 residents; Frazee is the 319th-largest of 853 places in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: About 1.7% below the 2020 Census base.
• People gained or lost: about 22 fewer since the 2020 base.
• Size percentile: roughly 63% of Minnesota's places have fewer residents than Frazee's 1,308.
• Density: the Census land area of 1.1 sq mi holds about 1,220 people per square mile.
• Land area rank: Frazee's 1.1 square miles rank 481st of 853 places in Minnesota.
• Water area rank: Frazee ranks 304th among Minnesota's 853 places, with 0.04 sq mi.
• Within Minnesota: about 0.0% of the state's population lives in Frazee.
• National rank: Frazee sits 9,237th by population among the 19,457 places in this dataset.
• Growth rank: Frazee ranks 575th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Frazee's 1.7% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: Frazee places 195th among Minnesota's places by people per square mile.
• Density vs Minnesota: Frazee's 1,220 people per square mile compare with a state median of 607.
• Location: the Census Gazetteer records it at 46.7288, -95.7039.
• Nearest larger cities: Detroit Lakes (9 mi); Perham (11 mi); Pelican Rapids (21 mi); New York Mills (21 mi); Menahga (29 mi). Larger metros often have more branches, but online lenders reach Frazee on the same terms.
• Smaller towns nearby: Vergas (7 mi); Dent (12 mi); Richville (16 mi).
• Within a 50-mile radius: 43 smaller Census places.
• Within 100 miles: 54 places are larger than Frazee.

What to do before borrowing in Frazee

A sensible order of operations for a loan in Frazee, home to about 1,308 people:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Line up several pre-qualified offers and let the APR decide.
4. Check the Minnesota regulator's records to confirm the lender is licensed here.
5. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Check that the monthly payment fits your budget next to your existing obligations.
7. Weigh a shorter term's higher payment against the interest it saves.

In Frazee as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 1,308 residents.

What shapes a Frazee personal loan

With roughly 1,308 residents, Frazee is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Two numbers drive a Frazee loan: the APR, which includes fees, and the term, which decides how long you keep paying. Because the payment is fixed, the total cost of a Frazee loan is knowable in advance — unlike a revolving card balance.

The state rulebook for Frazee

Minnesota has no separate rate rule for Frazee; the sourced rows below are what reach every lender that serves its 1,308 people.

Frazee's place among Minnesota's 853 places

Among Minnesota's 853 places, Frazee sits at 319th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Frazee stands 575th among Minnesota's 853 places — roughly the 33th percentile. By density, at about 1,220 people per square mile, it ranks 195th in Minnesota. Within 50 miles sit 43 smaller Census places, alongside the 13 that are larger.

Getting a loan in Frazee

At roughly 1,220 people per square mile, Frazee is moderately settled; 13 larger places lie within 50 miles. Lenders licensed in Minnesota reach Frazee's 1,308 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Detroit Lakes, MN about 9 miles away.