Personal loans in Long Grove, IL

Long Grove is a small town of about 8,263 residents, and a personal loan taken out here is governed by Illinois statute. Begin with the payment, then weigh APR and total interest across the lenders that reach Long Grove's 8,263 residents.

By the Personalloaner Editorial Team · Last updated 2026-09-16

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With an estimated 8,263 residents, Long Grove is the 255th-largest of 1,294 places in Illinois. Which products a lender may offer to Long Grove's 8,263 residents follows from the Illinois consumer-lending framework. A 2020-to-2023 comparison shows Long Grove down by about 1.2%. The next larger city is Buffalo Grove, IL about 3 miles away.

Where Long Grove stands

Here is the sourced Census picture for Long Grove, plus the Illinois lending rules that apply to a loan taken out here.

Population: about 8,263 people live here, which puts Long Grove 255th of 1,294 Census places in Illinois (Vintage 2023).
Population trend: Lower by roughly 1.2% since the 2020 count.
Absolute change: 103 residents lost between 2020 and 2023.
Size percentile: with 8,263 residents, Long Grove is larger than about 80% of Illinois's Census places.
Population density: about 667 people per square mile across 12.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
Land area: Long Grove covers 12.4 square miles, the 79th-largest area among Illinois's 1,294 places.
Water: Long Grove holds about 0.22 square miles, the 113th-largest water area in Illinois.
State population share: Long Grove accounts for about 0.1% of everyone in Illinois.
National rank: Long Grove is the 3,607th most populous of the 19,457 Census places covered here.
Growth rank: Long Grove ranks 295th among Illinois's 1,294 places for the 2020-to-2023 change.
State comparison: Illinois's places average -2.0% for 2020-to-2023, against Long Grove's 1.2%.
Density rank: Long Grove places 883rd among Illinois's places by people per square mile.
Density in context: Long Grove's 667 people per square mile sit against a Illinois median of 993.
Location: the Census Gazetteer records it at 42.1950, -88.0110.
Nearest larger cities: Buffalo Grove (3 mi); Vernon Hills (4 mi); Lake Zurich (4 mi); Hawthorn Woods (4 mi); Mundelein (5 mi). Larger metros often have more branches, but online lenders reach Long Grove on the same terms.
Smaller places close by: Kildeer (2 mi); Indian Creek (3 mi); Deer Park (4 mi).
Smaller places within 50 miles: 129 of them.
Larger places within 100 miles: 281.

What a Long Grove borrower is actually offered

With roughly 8,263 residents, Long Grove is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. Federal Truth in Lending rules require a Long Grove lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Long Grove loan is knowable in advance — unlike a revolving card balance.

How Long Grove compares across Illinois

Within Illinois, Long Grove holds roughly 0.1% of all residents, the 255th-largest share among 1,294 places. Its 2020-to-2023 change ranks 295th of 1,294 Illinois places, putting it near the 77th percentile for growth. By density, at about 667 people per square mile, it ranks 883rd in Illinois. Within 50 miles sit 129 smaller Census places, alongside the 182 that are larger.

Land, water and location for Long Grove

Long Grove covers about 12.4 square miles of land, with 0.22 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 667 residents per square mile. The largest place in Illinois, Chicago, lies about 30 miles away. A 50-mile radius around Long Grove takes in 182 places that are larger. By land area it ranks 79th of 1,294 Illinois places.

A practical checklist for Long Grove borrowers

A sensible order of operations for a loan in Long Grove, home to about 8,263 people:

Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
Use the loan calculator to test the payment on your intended amount and term.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Look the lender up in the Illinois regulator's licence records before you sign.
When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
Read the disclosure for an origination fee and any prepayment penalty before signing.
Test the payment against your current bills before you commit.

The process is identical across Illinois; what changes is your credit file, not the fact that Long Grove holds 8,263 people.

Which Illinois laws govern a loan in Long Grove

Below are the Illinois rules that apply to a loan made in Long Grove, each with the regulator that issued it.

Rule	Detail	Source
State lending regulator	Illinois 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
Small-loan / installment lender licensing	Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions".	Illinois General Assembly (Illinois Compiled Statutes) 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

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Common questions

What are my options in Long Grove 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 Long Grove is the same as anywhere in Illinois.

What loan size can I expect in Long Grove?

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 Long Grove?

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 Long Grove 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

Kildeer, IL — population 4,377
Indian Creek, IL — population 526
Buffalo Grove, IL — population 42,482
Vernon Hills, IL — population 26,677
Hawthorn Woods, IL — population 9,373
Lake Zurich, IL — population 19,676
Mundelein, IL — population 31,790
Deer Park, IL — population 3,628