Personal loans in Kenneth, MN

Lenders active in Kenneth report to a Minnesota supervisor, identified in the sourced rows below. The roughly 61 people who live in Kenneth borrow under Minnesota rules; city hall sets no personal-loan rate.

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.

About 61 people live in Kenneth, placing it 809th of 853 Census places in Minnesota. Census figures put the 2020-to-2023 decrease in Kenneth at about 3.2%. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Kenneth loan. The nearest larger metro is Lismore, MN about 6 miles away.

The Kenneth data picture

Kenneth is a small community; the notes below cover its population profile and the statewide rules that apply.

Borrowing reach in Kenneth

Kenneth is sparsely settled, with about 57 people per square mile and 97 larger places within 50 miles. What is available to Kenneth's 61 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest larger city, Lismore, MN about 6 miles away.

A pre-application checklist for Kenneth

For Kenneth's roughly 61 residents, these are the steps that most influence the offer:

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Test your amount and term in the personal loan calculator first.
  3. Get several pre-qualifications and compare APR side by side before choosing.
  4. Confirm the Minnesota licence with the regulator named above before committing.
  5. Write down the purpose of the loan and your repayment plan before you apply.
  6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
  7. Look for an origination fee or prepayment penalty in the written disclosure.

None of these steps is Kenneth-specific: the same Minnesota licensing and disclosure rules reach all 61 residents.

What a Kenneth borrower is actually offered

Most loans made to Kenneth's 61 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Because pricing is borrower-level, two people in Kenneth can be quoted different APRs on the same amount and term. Shortening the term on a Kenneth loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Minnesota consumer-lending rules applied in Kenneth

This table holds the Minnesota rate and licensing rules for consumer loans made to Kenneth's 61 residents.

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
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
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

Kenneth in state context

Among Minnesota's 853 places, Kenneth sits at 809th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Kenneth stands 763rd among Minnesota's 853 places — roughly the 11th percentile. By density, at about 57 people per square mile, it ranks 815th in Minnesota. The population moved by about 2 people between 2020 and 2023, a 3.2% shift.

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