Personal loans in Hollandale, MN

Rate ceilings, licensing requirements and product limits for Hollandale are all set at the Minnesota level.

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.

With roughly 306 residents, Hollandale is a small community, and the lending rules its borrowers live under are written in Minnesota, not by the city. About 306 people live in Hollandale, placing it 587th of 853 Census places in Minnesota. Hollandale shed about 1.3% of its population between the 2020 base and the 2023 estimate. Use the calculator on this page to price an amount and term before you commit in Hollandale. The nearest larger metro is Geneva, MN about 5 miles away.

The Hollandale data picture

Set out below is Hollandale's local context next to the state-level rules that reach every lender here.

Minnesota consumer-lending rules applied in Hollandale

For the roughly 306 residents of Hollandale, the rules below are Minnesota's own; each row carries its publisher and retrieval 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
Small-loan / installment lender licensingRegulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01)
Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Payday ability-to-repay requirementRequired for payday loans with an APR above 36% (Minn. Stat. § 47.603)
Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent."
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16

Hollandale's place among Minnesota's 853 places

Among Minnesota's 853 places, Hollandale sits at 587th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Hollandale stands 515th among Minnesota's 853 places — roughly the 40th percentile. At about 695 people per square mile, Hollandale is the 386th most densely settled place in Minnesota. In land area, Hollandale ranks 717th among Minnesota's 853 places.

What to do before borrowing in Hollandale

Complete these steps first when you borrow in Hollandale (306 residents):

  1. Get your credit reports, dispute what is wrong, and only then start shopping.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  3. Line up several pre-qualified offers and let the APR decide.
  4. Confirm the lender holds a Minnesota licence by checking the regulator named above.
  5. Check that the monthly payment fits your budget next to your existing obligations.
  6. Weigh a shorter term's higher payment against the interest it saves.
  7. Keep the amount to the expense; an approval is not a reason to take more.

What differs between Hollandale and the rest of Minnesota is not the process but the borrower's own file, among the 306 people here.

Hollandale on the map

Hollandale's land area is roughly 0.4 square miles, and the Gazetteer records no significant water area within it. With 306 residents, the land area yields roughly 695 people per square mile. Minneapolis, the largest place in Minnesota, is about 83 miles from Hollandale. Counting outward 50 miles, 79 larger communities surround Hollandale. Within the same 50 miles lie 38 smaller Census places.

Getting a loan in Hollandale

Hollandale is a moderately settled community of about 306 people, with 79 larger places inside a 50-mile radius. Distance to a branch rarely matters for Hollandale's 306 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Geneva, MN about 5 miles away.

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