Personal loans in Greenfield, MN

State law, not city hall, decides what a lender may do to Greenfield's roughly 2,865 residents, and a state regulator supervises it. At about 2,865 residents, Greenfield is larger than roughly 75% of the places in Minnesota.

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.

The roughly 2,865 people who live in Greenfield borrow under Minnesota rules; city hall sets no personal-loan rate. The 2020 count to the 2023 estimate shows about 1.4% decline in Greenfield. Judge Greenfield offers on total cost, not on how quickly the money arrives. Borrowers who want a bigger city can look to Rockford, MN about 3 miles away.

The Greenfield data picture

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

How a Greenfield personal loan is priced

Greenfield is a small community of about 2,865 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Greenfield. A longer term lowers the monthly payment on a Greenfield loan but raises total interest, so the smallest payment is not the cheapest loan.

Greenfield on the map

Greenfield's land area is about 20.4 square miles; a further 1.14 square miles is water. With 2,865 residents, the land area yields roughly 141 people per square mile. The largest place in Minnesota, Minneapolis, lies about 23 miles away. Counting outward 50 miles, 139 larger communities surround Greenfield. The 100-mile radius contains 184 larger places.

How Greenfield compares across Minnesota

Against Minnesota's other places, Greenfield accounts for about 0.1% of the state's population and ranks 216th of 853 by size. For population change between 2020 and 2023, Greenfield ranks 533rd of 853 in Minnesota (about the 38th percentile). By density, at about 141 people per square mile, it ranks 730th in Minnesota. The population moved by about 40 people between 2020 and 2023, a 1.4% shift.

What is available to Greenfield borrowers

Greenfield is lightly settled, with about 141 people per square mile and 139 larger places within 50 miles. What is available to Greenfield's 2,865 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest larger city, Rockford, MN about 3 miles away.

The Minnesota lending rules that reach Greenfield

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

RuleDetailSource
State lending regulatorMinnesota 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 statusLegal 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

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 Greenfield 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 Greenfield is the same as anywhere in Minnesota.
What loan size can I expect in Greenfield?
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 Greenfield?
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 Greenfield 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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