Personal loans in Leland, IL

For a borrower among the roughly 930 residents of Leland, a personal loan is a tool whose cost turns on the terms, not the address. About 930 people live in Leland, placing it 673rd of 1,294 Census places in Illinois.

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.

Census figures put the 2020-to-2023 decrease in Leland at about 1.9%. Use the calculator on this page to price an amount and term before you commit in Leland. Borrowers who want a bigger city can look to Somonauk, IL about 6 miles away. Consumer lending that reaches Leland's 930 residents is governed by Illinois statute; no city ordinance changes it.

Leland: population, trend and location

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

Land, water and location for Leland

Leland covers about 0.5 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 1,742 people per square mile. The largest place in Illinois, Chicago, lies about 59 miles away. Leland has 154 larger places within a 50-mile radius. The 100-mile radius contains 543 larger places.

The anatomy of a Leland personal loan

Most loans made to Leland's 930 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Because pricing is borrower-level, two people in Leland can be quoted different APRs on the same amount and term. Shortening the term on a Leland loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

What is available to Leland borrowers

Leland is moderately settled, with about 1,742 people per square mile and 154 larger places within 50 miles. A Illinois licence lets a lender serve Leland without a local office, so branch density does not change what its 930 residents are offered. The nearest larger city, Somonauk, IL about 6 miles away.

How Leland compares across Illinois

Against Illinois's other places, Leland accounts for about 0.0% of the state's population and ranks 673rd of 1,294 by size. For population change between 2020 and 2023, Leland ranks 552nd of 1,294 in Illinois (about the 57th percentile). By density, at about 1,742 people per square mile, it ranks 292nd in Illinois. By land area, its 0.5 square miles rank 1,017th of 1,294 places in Illinois.

Which Illinois laws govern a loan in Leland

This table holds the Illinois rate and licensing rules for consumer loans made to Leland's 930 residents.

RuleDetailSource
State lending regulatorIllinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions
Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies".
Illinois Department of Financial and Professional Regulation
as of 2026-09-16
Installment lender net-worth requirement$30,000 minimum positive net worth (plus $25,000 surety bond)
Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000".
Illinois General Assembly (Illinois Compiled Statutes)
as of 2026-09-16
Maximum legal interest rate (usury cap)9% annual percentage rate (general written-contract interest cap)
Source says: "it shall be lawful for the parties to stipulate or agree that an annual percentage rate of 9%, or any less sum".
Illinois General Assembly (Illinois Compiled Statutes)
as of 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.

Common questions

What are my options in Leland 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 Leland is the same as anywhere in Illinois.
What loan size can I expect in Leland?
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 Leland?
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 Leland 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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