Personal loans in Monango, ND
Two households in Monango with comparable incomes can still be offered different rates; the city's 29 residents are not the reason.
When North Dakota caps or restricts a product, lenders either change the terms or withdraw it from Monango as from the rest of the state. By population, Monango sits at 313th in North Dakota, with an estimated 29 residents. Pull your credit reports and line up at least three offers before you apply from Monango. A 2020-to-2023 comparison shows Monango down by about 3.3%. The nearest larger metro is Fullerton, ND about 8 miles away.
Local context for Monango
Read the local figures below as context; read the sourced North Dakota table as the rulebook a lender here must follow.
- Population: a Census-estimated 29, 313th among North Dakota's 355 places (Vintage 2023).
- Population trend: A drop of about 3.3% from 2020 to 2023.
- Net change: roughly 1 fewer people than the 2020 Census counted.
- Size percentile: Monango sits ahead of around 12% of North Dakota places, at 29 people.
- Population density: 77 people per square mile on 0.4 square miles of land.
- Land area rank: Monango's 0.4 square miles rank 222nd of 355 places in North Dakota.
- State population share: Monango accounts for about 0.0% of everyone in North Dakota.
- National rank: Monango is the 19,247th most populous of the 19,457 Census places covered here.
- Growth rank: Monango ranks 276th among North Dakota's 355 places for the 2020-to-2023 change.
- Versus North Dakota: the state average change is -1.2%, while Monango moved 3.3%.
- Density rank: Monango is the 308th most densely settled place in North Dakota.
- Density in context: Monango's 77 people per square mile sit against a North Dakota median of 352.
- Location: latitude 46.1734, longitude -98.5952 (Census Gazetteer).
- Nearest larger cities: Fullerton (8 mi); Ellendale (12 mi); Edgeley (14 mi); Berlin (15 mi); Forbes (18 mi). Lenders licensed in the state serve Monango whether or not they keep a local branch.
- Nearest smaller towns: Ludden (25 mi); Long Lake (37 mi); Wetonka (39 mi).
- Smaller neighbours: 5 places smaller than Monango sit within 50 miles.
- Within 100 miles: 180 places are larger than Monango.
Where Monango sits
Monango's land area is roughly 0.4 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 77 residents per square mile. The state's population centre of gravity, Fargo, is roughly 97 miles away. Counting outward 50 miles, 35 larger communities surround Monango. Within the same 50 miles lie 5 smaller Census places.
What a Monango borrower is actually offered
A Monango personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 29 residents. A lender serving Monango's 29 residents must disclose the APR and finance charge in writing before you sign. Shortening the term on a Monango loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Monango's place among North Dakota's 355 places
Among North Dakota's 355 places, Monango sits at 313th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Monango stands 276th among North Dakota's 355 places — roughly the 22th percentile. At about 77 people per square mile, Monango is the 308th most densely settled place in North Dakota. In land area, Monango ranks 222nd among North Dakota's 355 places.
The North Dakota lending rules that reach Monango
Every row below records a North Dakota rule, its publisher and its retrieval date — the same rules a Monango lender must follow.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | North Dakota Department of Financial Institutions (NDDFI) Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters." | North Dakota Department of Financial Institutions as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Formula ceiling: 6-month U.S. Treasury bill average + 5.5 percentage points, never less than 7%; NDDFI-published rate for September 2026: 9.204%. Source says: "The rate is equal to five and one-half percent (5.5%) higher than the current cost of money" and "the maximum allowable interest rate ceiling may not be less than seven (7) percent" (NDDFI Usury Rate page; September 2026 rate 9.204%). | North Dakota Department of Financial Institutions as of 2026-09-16 |
| Payday lending status | Legal for licensed deferred presentment service providers; fee capped at 20% of amount advanced; max $500 per transaction; $600 aggregate outstanding per customer. Source says: "A licensee may charge a fee for the deferred presentment service, not to exceed twenty percent of the amount paid to the customer" (N.D.C.C. 13-08-12); "may not disburse more than five hundred dollars to the customer in a deferred presentment service transaction" (13-08-12.3). | North Dakota Legislative Branch as of 2026-09-16 |
Lender access in Monango
Monango is a sparsely settled community of about 29 people, with 35 larger places inside a 50-mile radius. Distance to a branch rarely matters for Monango's 29 residents: the application is online and the price follows your credit file. The nearest larger city, Fullerton, ND about 8 miles away.
Common questions
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Nearby places
- Fullerton, ND — population 57
- Ellendale, ND — population 1,093
- Edgeley, ND — population 576
- Berlin, ND — population 30
- Forbes, ND — population 38
- LaMoure, ND — population 760
- Frederick, SD — population 206
- Kulm, ND — population 366