Personal loans in Glenville, MN
Glenville, Minnesota — home to about 562 people — is a small community, so the terms you are offered follow Minnesota law rather than any local rule.
To lend to Glenville's 562 residents, a company must hold a Minnesota licence, and each sourced row below names the regulator behind it. An estimated 562 people make their home in Glenville, a figure that ranks 464th in Minnesota. Compare APR, not the interest rate, because the APR folds in most fees on a Glenville loan. The trend for Glenville between 2020 and 2023 is downward by roughly 1.1%. The nearest larger metro is Albert Lea, MN about 7 miles away.
Borrowing in Glenville: the local picture
Two layers matter for a Glenville borrower: the local population picture and Minnesota's consumer-lending statutes.
- Population: 562 people, a figure that places Glenville 464th among the 853 Census places in Minnesota (US Census Bureau, Vintage 2023).
- Population trend: A loss of roughly 1.1% between 2020 and 2023.
- Absolute change: 6 residents lost between 2020 and 2023.
- Size percentile: Glenville sits ahead of around 46% of Minnesota places, at 562 people.
- Population density: about 534 people per square mile (Census land area 1.1 sq mi).
- Land area: Glenville covers 1.1 square miles, the 488th-largest area among Minnesota's 853 places.
- Water area: Glenville has 0.06 square miles of water, ranking 277th of 853 places in Minnesota.
- Share of state population: Glenville's 562 residents are about 0.0% of Minnesota.
- National rank: Glenville is the 12,687th most populous of the 19,457 Census places covered here.
- Growth rank: Glenville ranks 480th among Minnesota's 853 places for the 2020-to-2023 change.
- Versus Minnesota: the state average change is +0.1%, while Glenville moved 1.1%.
- Density rank: Glenville places 460th among Minnesota's places by people per square mile.
- Density in context: Glenville's 534 people per square mile sit against a Minnesota median of 607.
- Location: 43.5741, -93.2811 (US Census Bureau Gazetteer).
- Nearest larger cities: Albert Lea (7 mi); Northwood (10 mi); Clarks Grove (13 mi); Alden (16 mi); Lake Mills (17 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Smaller places nearby: Hayward (6 mi); Myrtle (6 mi); Twin Lakes (7 mi).
- Within a 50-mile radius: 66 smaller Census places.
- At 100 miles: 279 larger Census places fall inside that radius.
How Minnesota law applies in Glenville
This table holds the Minnesota rate and licensing rules for consumer loans made to Glenville's 562 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 |
| Maximum legal interest rate (usury cap) | 6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01) Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal 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 |
A pre-application checklist for Glenville
These steps shape the offer you get in Glenville, a place of about 562 people:
- Get your credit reports, dispute what is wrong, and only then start shopping.
- Test your amount and term in the personal loan calculator first.
- Gather at least three pre-qualified offers and line up the APR, not the headline rate.
- Verify the lender's Minnesota licence with the regulator listed on this page.
- Be clear on what the loan is for and how it gets repaid.
- When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
- Read the disclosure for an origination fee and any prepayment penalty before signing.
In Glenville as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 562 residents.
Glenville in state context
Against Minnesota's other places, Glenville accounts for about 0.0% of the state's population and ranks 464th of 853 by size. Its 2020-to-2023 change ranks 480th of 853 Minnesota places, putting it near the 44th percentile for growth. Its roughly 534 residents per square mile place it 460th among Minnesota's places. By land area, its 1.1 square miles rank 488th of 853 places in Minnesota.
What is available to Glenville borrowers
At roughly 534 people per square mile, Glenville is moderately settled; 50 larger places lie within 50 miles. Whether Glenville has a local branch or not, a Minnesota-licensed lender can serve its 562 people online on the same terms. The nearest larger city, Albert Lea, MN about 7 miles away.
What shapes a Glenville personal loan
In Glenville, a small community of about 562, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Glenville's rank of 464th 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 Glenville loan but raises total interest, so the smallest payment is not the cheapest loan.
Common questions
What are my options in Glenville if my credit is poor?
What loan size can I expect in Glenville?
Do I have to pledge anything to borrow in Glenville?
Does comparing loans in Glenville cost me credit score points?
Nearby places
- Hayward, MN — population 250
- Albert Lea, MN — population 18,269
- Myrtle, MN — population 47
- Twin Lakes, MN — population 132
- Northwood, IA — population 2,048
- Clarks Grove, MN — population 691
- Hollandale, MN — population 306
- Emmons, MN — population 363