Personal loans in Hendricks, MN

Census figures put the 2020-to-2023 decrease in Hendricks at about 2.3%. Hendricks is one of 853 Census places in Minnesota; its 601 residents put it at 451st.

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.

Two households in Hendricks with comparable incomes can still be offered different rates; the city's 601 residents are not the reason. Read the disclosure for an origination fee and any prepayment penalty before signing in Hendricks. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Hendricks as from the rest of the state. The nearest larger city is Canby, MN about 16 miles away.

What the Census records for Hendricks

Two layers matter for a Hendricks borrower: the local population picture and Minnesota's consumer-lending statutes.

The Minnesota lending rules that reach Hendricks

Read the table as a lender's compliance picture for Hendricks: the rule, the sourced figure, the publisher and the date.

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

Land, water and location for Hendricks

Hendricks covers about 1.0 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 620 residents per square mile. For the state's biggest city, Minneapolis, the distance is roughly 158 miles. A 50-mile radius around Hendricks takes in 29 places that are larger. By land area it ranks 542nd of 853 Minnesota places.

How lenders reach Hendricks

At roughly 620 people per square mile, Hendricks is moderately settled; 29 larger places lie within 50 miles. Distance to a branch rarely matters for Hendricks's 601 residents: the application is online and the price follows your credit file. The nearest larger city, Canby, MN about 16 miles away.

How a Hendricks personal loan is priced

Most loans made to Hendricks's 601 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Hendricks's rank of 451st 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 Hendricks loan but raises total interest, so the smallest payment is not the cheapest loan.

Where Hendricks sits in Minnesota

Against Minnesota's other places, Hendricks accounts for about 0.0% of the state's population and ranks 451st of 853 by size. On the 2020-to-2023 trend, Hendricks stands 656th among Minnesota's 853 places — roughly the 23th percentile. By density, at about 620 people per square mile, it ranks 421st in Minnesota. In land area, Hendricks ranks 542nd among Minnesota's 853 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 Hendricks 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 Hendricks is the same as anywhere in Minnesota.
What loan size can I expect in Hendricks?
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 Hendricks?
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 Hendricks 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.

Nearby places

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