Personal loans in Millville, MN
A single loan can carry different costs on either side of a state line, and Millville sits on the Minnesota side of that line.
Millville is a small community of about 150 residents, and a personal loan taken out here is governed by Minnesota statute. Roughly 150 residents live in Millville, the 701st-largest community in Minnesota. From the 2020 Census base to the 2023 estimate, the population declined by about 1.3%. If debt is already a strain, a nonprofit credit counsellor can help Millville residents before they take on more. The next larger city is Zumbro Falls, MN about 7 miles away.
Borrowing in Millville: the local picture
Millville is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: the Census counts 150 residents in Millville (Vintage 2023 subcounty estimate), the 701st-largest figure among Minnesota's 853 places.
- Population trend: A decline of about 1.3% across the 2020-to-2023 comparison.
- Absolute change: 2 residents lost between 2020 and 2023.
- Size percentile: Millville sits ahead of around 18% of Minnesota places, at 150 people.
- Density: the Census land area of 0.1 sq mi holds about 1,000 people per square mile.
- By land area: Millville ranks 840th among Minnesota's 853 places, at 0.1 sq mi.
- Within Minnesota: about 0.0% of the state's population lives in Millville.
- National rank: Millville is the 17,286th most populous of the 19,457 Census places covered here.
- Growth rank: Millville ranks 519th among Minnesota's 853 places for the 2020-to-2023 change.
- Against the state trend: Millville's 1.3% change compares with a Minnesota average of +0.1% across its 853 places.
- Density in Minnesota: Millville ranks 267th by people per square mile.
- Density in context: Millville's 1,000 people per square mile sit against a Minnesota median of 607.
- Location: coordinates 44.2443, -92.2967 (US Census Bureau Gazetteer).
- Nearest larger cities: Zumbro Falls (7 mi); Elgin (8 mi); Plainview (8 mi); Mazeppa (12 mi); Oronoco (13 mi). Lenders licensed in the state serve Millville whether or not they keep a local branch.
- Smaller places close by: Hammond (4 mi); Stockholm (17 mi); Elba (18 mi).
- Smaller neighbours: 11 places smaller than Millville sit within 50 miles.
- At 100 miles: 477 larger Census places fall inside that radius.
How personal loans work in Millville
A Millville personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 150 residents. Because pricing is borrower-level, two people in Millville can be quoted different APRs on the same amount and term. Shortening the term on a Millville loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Millville's place among Minnesota's 853 places
Within Minnesota, Millville holds roughly 0.0% of all residents, the 701st-largest share among 853 places. On the 2020-to-2023 trend, Millville stands 519th among Minnesota's 853 places — roughly the 39th percentile. Its roughly 1,000 residents per square mile place it 267th among Minnesota's places. By land area, its 0.1 square miles rank 840th of 853 places in Minnesota.
Which Minnesota laws govern a loan in Millville
Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Millville lender must follow.
| 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 ability-to-repay requirement | Required for payday loans with an APR above 36% (Minn. Stat. § 47.603) Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent." | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01) Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year" | Minnesota Legislature, Office of the Revisor of Statutes as of 2026-09-16 |
Millville: area, density and distance
Millville covers about 0.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 1,000 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 69 miles. Millville has 94 larger places within a 50-mile radius. By land area it ranks 840th of 853 Minnesota places.
Lender access in Millville
With about 1,000 residents per square mile, Millville is moderately settled, and 94 larger Census places sit within 50 miles. Distance to a branch rarely matters for Millville's 150 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Zumbro Falls, MN about 7 miles away.
Common questions
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Nearby places
- Hammond, MN — population 131
- Elgin, MN — population 1,148
- Zumbro Falls, MN — population 156
- Plainview, MN — population 3,527
- Lake City, MN — population 5,315
- Mazeppa, MN — population 884
- Stockholm, WI — population 78
- Pepin, WI — population 740