Personal loans in Leonidas, MN
With 50 residents, Leonidas outranks about 3% of the communities in Minnesota. For a borrower among the roughly 50 residents of Leonidas, a personal loan is a tool whose cost turns on the terms, not the address.
The 2020 count to the 2023 estimate shows about 2.0% decline in Leonidas. If debt is already a strain, a nonprofit credit counsellor can help Leonidas residents before they take on more. Which products a lender may offer to Leonidas's 50 residents follows from the Minnesota consumer-lending framework. A larger market lies at Eveleth, MN about 1 miles away.
What the Census records for Leonidas
Two layers matter for a Leonidas borrower: the local population picture and Minnesota's consumer-lending statutes.
- Population: about 50 people live here, which puts Leonidas 829th of 853 Census places in Minnesota (Vintage 2023).
- Population trend: Roughly 2.0% fewer residents than the 2020 Census counted.
- Absolute change: 1 residents lost between 2020 and 2023.
- Size percentile: about 3% of Minnesota communities are smaller than Leonidas (50 residents).
- Density: roughly 38 residents per square mile, spread over 1.3 sq mi of land.
- Land area: Leonidas covers 1.3 square miles, the 430th-largest area among Minnesota's 853 places.
- Water area: Leonidas has 0.06 square miles of water, ranking 278th of 853 places in Minnesota.
- State population share: Leonidas accounts for about 0.0% of everyone in Minnesota.
- National rank: Leonidas is the 18,975th most populous of the 19,457 Census places covered here.
- Growth rank: Leonidas's 2020-to-2023 change ranks 626th of 853 places in Minnesota.
- State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Leonidas's 2.0%.
- Density in Minnesota: Leonidas ranks 832nd by people per square mile.
- Density in context: Leonidas's 38 people per square mile sit against a Minnesota median of 607.
- Location: the Census Gazetteer records it at 47.4677, -92.5674.
- Nearest larger cities: Eveleth (1 mi); Iron Junction (4 mi); Virginia (5 mi); Mountain Iron (5 mi); Gilbert (5 mi). A branch is convenient; it is not what sets your APR.
- Nearest smaller places: Boy River (76 mi); Denham (78 mi); Funkley (89 mi).
- Smaller neighbours: 0 places smaller than Leonidas sit within 50 miles.
- Within 100 miles: 103 places are larger than Leonidas.
Borrowing reach in Leonidas
With about 38 residents per square mile, Leonidas is sparsely settled, and 34 larger Census places sit within 50 miles. A Minnesota licence lets a lender serve Leonidas without a local office, so branch density does not change what its 50 residents are offered. For a larger market, the closest option is Eveleth, MN about 1 miles away.
A practical checklist for Leonidas borrowers
A sensible order of operations for a loan in Leonidas, home to about 50 people:
- Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
- Run the numbers on the personal loan calculator so you know the payment before you apply.
- Line up several pre-qualified offers and let the APR decide.
- Verify the lender's Minnesota licence with the regulator listed on this page.
- Borrow only what the purpose requires, not the maximum you are offered.
- Write down the purpose of the loan and your repayment plan before you apply.
- If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
None of these steps is Leonidas-specific: the same Minnesota licensing and disclosure rules reach all 50 residents.
Where Leonidas sits in Minnesota
Set beside Minnesota's 853 places, Leonidas ranks 829th by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Leonidas stands 626th among Minnesota's 853 places — roughly the 27th percentile. By density, at about 38 people per square mile, it ranks 832nd in Minnesota. Between 2020 and 2023 the count changed by roughly 1 residents.
Inside a Leonidas personal loan
With roughly 50 residents, Leonidas is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Leonidas. The term you choose in Leonidas decides the split between a comfortable payment and the total interest you pay.
The Minnesota lending rules that reach Leonidas
For the roughly 50 residents of Leonidas, the rules below are Minnesota's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Minnesota 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 lending status | Legal 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 |
| Small-loan / installment lender licensing | Regulated 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 |
Common questions
What are my options in Leonidas if my credit is poor?
What loan size can I expect in Leonidas?
Do I have to pledge anything to borrow in Leonidas?
Does comparing loans in Leonidas cost me credit score points?
Nearby places
- Eveleth, MN — population 3,434
- Iron Junction, MN — population 107
- Virginia, MN — population 8,291
- Mountain Iron, MN — population 2,854
- Gilbert, MN — population 1,664
- Kinney, MN — population 149
- McKinley, MN — population 103
- Buhl, MN — population 947