Personal loans in Menominee, MI

From the 2020 Census base to the 2023 estimate, the population declined by about 3.3%. Personal loans in Menominee are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 8,207 population.

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.

Menominee ranks 108th of 533 places in Michigan, with a population near 8,207. Borrowers who want a bigger city can look to Marinette, WI about 2 miles away. State law, not city hall, decides what a lender may do to Menominee's roughly 8,207 residents, and a state regulator supervises it. Pull your credit reports and line up at least three offers before you apply from Menominee.

What the Census records for Menominee

Read the local figures below as context; read the sourced Michigan table as the rulebook a lender here must follow.

Which Michigan laws govern a loan in Menominee

Below are the Michigan rules that apply to a loan made in Menominee, each with the regulator that issued it.

RuleDetailSource
State lending regulatorMichigan 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
Regulated lender interest/finance charge cap25% 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
Maximum legal interest rate (usury cap)7% per annum maximum by written agreement; 5% legal rate (MCL 438.31)
Source says: "it shall be lawful for the parties to stipulate in writing for the payment of any rate of interest, not exceeding 7% per annum"
Michigan Legislature
as of 2026-09-16

Borrowing reach in Menominee

Menominee is a moderately settled community of about 8,207 people, with 8 larger places inside a 50-mile radius. What is available to Menominee's 8,207 borrowers is set by Michigan licensing and your own credit, not by how many branches are nearby. The nearest larger city, Marinette, WI about 2 miles away.

Where Menominee sits

Menominee covers about 5.2 square miles of land, with 0.33 square miles of water inside its boundaries (Census Gazetteer). The resulting density is about 1,590 people per square mile. The state's population centre of gravity, Detroit, is roughly 294 miles away. A 50-mile radius around Menominee takes in 8 places that are larger. The 100-mile radius contains 29 larger places.

The anatomy of a Menominee personal loan

Most loans made to Menominee's 8,207 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Federal Truth in Lending rules require a Menominee lender to disclose the APR and finance charge before you sign. The term you choose in Menominee decides the split between a comfortable payment and the total interest you pay.

Menominee's place among Michigan's 533 places

Among Michigan's 533 places, Menominee sits at 108th for population, a share of roughly 0.2% of the state. On the 2020-to-2023 trend, Menominee stands 501st among Michigan's 533 places — roughly the 6th percentile. Its roughly 1,590 residents per square mile place it 163rd among Michigan's places. In land area, Menominee ranks 92nd among Michigan's 533 places.

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 Menominee 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 Menominee is the same as anywhere in Michigan.
What loan size can I expect in Menominee?
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 Menominee?
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 Menominee 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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