Personal loans in Grenora, ND

About 214 people live in Grenora, placing it 153rd of 355 Census places in North Dakota. The first question in Grenora is not the rate on offer but whether the payment fits; about 214 people live here under North Dakota lending law.

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.

Decide the purpose of the loan and your repayment plan before sharing any details with a Grenora lender. A single loan can carry different costs on either side of a state line, and Grenora sits on the North Dakota side of that line. From the 2020 Census base to the 2023 estimate, the population declined by about 3.2%. The closest larger city is Medicine Lake, MT about 27 miles away.

Grenora: the sourced local profile

What follows is Grenora's place in the Census record, alongside the North Dakota rules that govern a personal loan made here.

Getting a loan in Grenora

Grenora is lightly settled, with about 352 people per square mile and 8 larger places within 50 miles. Lenders licensed in North Dakota reach Grenora's 214 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Medicine Lake, MT about 27 miles away.

What shapes a Grenora personal loan

With roughly 214 residents, Grenora is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Grenora's 214 residents must disclose the APR and finance charge in writing before you sign. A longer term lowers the monthly payment on a Grenora loan but raises total interest, so the smallest payment is not the cheapest loan.

Grenora against the rest of North Dakota

Against North Dakota's other places, Grenora accounts for about 0.0% of the state's population and ranks 153rd of 355 by size. For population change between 2020 and 2023, Grenora ranks 264th of 355 in North Dakota (about the 26th percentile). Its roughly 352 residents per square mile place it 178th among North Dakota's places. Within 50 miles sit 10 smaller Census places, alongside the 8 that are larger.

North Dakota rules behind a Grenora personal loan

The rows below set out what a licensed lender must follow in North Dakota, and so for Grenora's roughly 214 residents.

RuleDetailSource
State lending regulatorNorth Dakota Department of Financial Institutions (NDDFI)
Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters."
North Dakota Department of Financial Institutions
as of 2026-09-16
Small-loan / installment lender licensingMoney broker license required to engage in money brokering (arranging/providing loans); issued by the commissioner of financial institutions.
Source says: "may not engage in money brokering in the state of North Dakota without a money broker license issued by the commissioner" (N.D.C.C. 13-04.1-02).
North Dakota Legislative Branch
as of 2026-09-16
Usury penalties (state-specific rule)Usury forfeits all interest plus 25% of principal; charging usurious interest is a class B misdemeanor.
Source says: "shall be deemed a forfeiture of the entire interest" and "a forfeiture of twenty-five percent of the principal" (N.D.C.C. 47-14-10); usury is a class B misdemeanor (47-14-11).
North Dakota Legislative Branch
as of 2026-09-16

The geography behind Grenora

Grenora covers about 0.6 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 352 people per square mile. Fargo, the largest place in North Dakota, is about 352 miles from Grenora. Counting outward 50 miles, 8 larger communities surround Grenora. The 100-mile radius contains 22 larger places.

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 Grenora 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 Grenora is the same as anywhere in North Dakota.
What loan size can I expect in Grenora?
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 Grenora?
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 Grenora 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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