Personal loans in Lakeland Shores, MN

A personal loan in Lakeland Shores is priced from your credit file and income, not from the fact that the city holds 330 people. About 330 people live in Lakeland Shores, placing it 571st of 853 Census 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.

A larger market lies at Lakeland, MN about 0 miles away. Population in Lakeland Shores dropped about 3.2% over the three years from 2020 to 2023. A lender that serves Lakeland Shores operates under Minnesota lending statutes and a Minnesota supervisor. Use the calculator on this page to price an amount and term before you commit in Lakeland Shores.

Borrowing in Lakeland Shores: the local picture

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

Minnesota consumer-lending rules applied in Lakeland Shores

These are Minnesota's sourced lending facts as they reach Lakeland Shores's 330 residents; the state has no city-level rate rule.

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

The geography behind Lakeland Shores

Inside Lakeland Shores's boundaries lie roughly 0.3 square miles of land and 0.42 square miles of water. With 330 residents, the land area yields roughly 1,044 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 25 miles. Within 50 miles of Lakeland Shores there are 189 larger Census places. By land area it ranks 773rd of 853 Minnesota places.

What is available to Lakeland Shores borrowers

Lakeland Shores is moderately settled, with about 1,044 people per square mile and 189 larger places within 50 miles. What is available to Lakeland Shores's 330 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Lakeland, MN about 0 miles away.

Where Lakeland Shores sits in Minnesota

Against Minnesota's other places, Lakeland Shores accounts for about 0.0% of the state's population and ranks 571st of 853 by size. For population change between 2020 and 2023, Lakeland Shores ranks 766th of 853 in Minnesota (about the 10th percentile). Its roughly 1,044 residents per square mile place it 255th among Minnesota's places. Within 50 miles sit 15 smaller Census places, alongside the 189 that are larger.

What shapes a Lakeland Shores personal loan

With roughly 330 residents, Lakeland Shores is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Lakeland Shores's 330 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Lakeland Shores loan is knowable in advance — unlike a revolving card balance.

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