Personal loans in Lennon, MI
The roughly 472 people who live in Lennon borrow under Michigan rules; city hall sets no personal-loan rate. Lennon is one of 533 Census places in Michigan; its 472 residents put it at 445th.
Lennon shed about 1.5% of its population between the 2020 base and the 2023 estimate. Price two or three terms so you can see which payment is truly affordable in Lennon. The nearest larger city is Durand, MI about 6 miles away. State law, not city hall, decides what a lender may do to Lennon's roughly 472 residents, and a state regulator supervises it.
Local context for Lennon
Only a few things actually differ by place — population, area, location, and the Michigan rules a lender must follow — and they are below.
- Population: the Census counts 472 residents in Lennon (Vintage 2023 subcounty estimate), the 445th-largest figure among Michigan's 533 places.
- Population trend: A drop of about 1.5% from 2020 to 2023.
- People gained or lost: about 7 fewer since the 2020 base.
- Size percentile: Lennon's 472 people outrank roughly 17% of the places in Michigan.
- Density: the Census land area of 0.9 sq mi holds about 517 people per square mile.
- Land area: Lennon covers 0.9 square miles, the 452nd-largest area among Michigan's 533 places.
- State share: roughly 0.0% of Michigan's residents live in Lennon (472 people).
- National rank: Lennon is the 13,399th most populous of the 19,457 Census places covered here.
- Growth in Michigan: Lennon stands 381st by percentage change from 2020 to 2023, among 533 places.
- Versus Michigan: the state average change is -0.3%, while Lennon moved 1.5%.
- Density rank: Lennon is the 438th most densely settled place in Michigan.
- Density vs Michigan: Lennon's 517 people per square mile compare with a state median of 1,078.
- Location: mapped by the US Census Bureau at 42.9854, -83.9325.
- Nearest larger cities: Durand (6 mi); Vernon (6 mi); Swartz Creek (6 mi); Flushing (7 mi); Corunna (9 mi). Larger metros often have more branches, but online lenders reach Lennon on the same terms.
- Smaller places nearby: Gaines (8 mi); Oakley (16 mi); Otter Lake (29 mi).
- Smaller places within 50 miles: 12 of them.
- Within 100 miles: 324 places are larger than Lennon.
Steps to take before a Lennon loan
For Lennon's roughly 472 residents, these are the steps that most influence the offer:
- Pull your credit reports first and correct any error before a lender sees the file.
- Use the loan calculator to test the payment on your intended amount and term.
- Collect three or more offers and compare them on APR, not on the advertised rate.
- Look the lender up in the Michigan regulator's licence records before you sign.
- Pick the shortest term whose payment you can comfortably afford.
- Borrow only what the purpose requires, not the maximum you are offered.
- Be clear on what the loan is for and how it gets repaid.
In Lennon as elsewhere in Michigan, the written terms — not the advertisement — are what count for its 472 residents.
How Lennon compares across Michigan
Among Michigan's 533 places, Lennon sits at 445th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Lennon stands 381st among Michigan's 533 places — roughly the 29th percentile. At about 517 people per square mile, Lennon is the 438th most densely settled place in Michigan. Within 50 miles sit 12 smaller Census places, alongside the 113 that are larger.
Lennon: area, density and distance
Lennon's land area is roughly 0.9 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 517 residents per square mile. The largest place in Michigan, Detroit, lies about 59 miles away. Within 50 miles of Lennon there are 113 larger Census places. The 100-mile radius contains 324 larger places.
What Michigan law requires in Lennon
Read the table as a lender's compliance picture for Lennon: the rule, the sourced figure, the publisher and the date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Michigan Department of Insurance and Financial Services (DIFS) Source says: ""Department" means the department of insurance and financial services" | Michigan Legislature as of 2026-09-16 |
| Small-loan / installment lender licensing | License required from the commissioner to make regulated loans (Regulatory Loan Act, MCL 493.1 et seq.) Source says: "a person shall not engage in the business of making loans of money ... without first obtaining a license from the commissioner" | Michigan Legislature as of 2026-09-16 |
| Regulated lender interest/finance charge cap | 25% per annum (Credit Reform Act, MCL 445.1854(1)) Source says: "may charge, collect, and receive any rate of interest or finance charge for an extension of credit not to exceed 25% per annum" | Michigan Legislature as of 2026-09-16 |
The anatomy of a Lennon personal loan
In Lennon, a small community of about 472, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Lennon lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Lennon loan is knowable in advance — unlike a revolving card balance.
Common questions
What are my options in Lennon if my credit is poor?
What loan size can I expect in Lennon?
Do I have to pledge anything to borrow in Lennon?
Does comparing loans in Lennon cost me credit score points?
Nearby places
- Durand, MI — population 3,470
- Vernon, MI — population 724
- Gaines, MI — population 374
- Swartz Creek, MI — population 5,840
- Flushing, MI — population 8,243
- New Lothrop, MI — population 583
- Byron, MI — population 528
- Bancroft, MI — population 479