Personal loans in Morton, MN

Morton is one of 853 Census places in Minnesota; its 397 residents put it at 536th. A personal loan in Morton is priced from your credit file and income, not from the fact that the city holds 397 people.

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.

Use the calculator on this page to price an amount and term before you commit in Morton. When Minnesota caps or restricts a product, lenders either change the terms or withdraw it from Morton as from the rest of the state. Morton lost roughly 3.2% of its population across the 2020-to-2023 comparison. The nearest larger city is Franklin, MN about 5 miles away.

Morton by the numbers

The figures below are Morton's own — Census population, land area and coordinates — followed by the Minnesota rules.

Minnesota rules behind a Morton personal loan

The rows below set out what a licensed lender must follow in Minnesota, and so for Morton's roughly 397 residents.

RuleDetailSource
State lending regulatorMinnesota 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
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
Payday lending statusLegal 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

Morton's place among Minnesota's 853 places

Against Minnesota's other places, Morton accounts for about 0.0% of the state's population and ranks 536th of 853 by size. For population change between 2020 and 2023, Morton ranks 761st of 853 in Minnesota (about the 11th percentile). Its roughly 328 residents per square mile place it 595th among Minnesota's places. In land area, Morton ranks 452nd among Minnesota's 853 places.

Where Morton sits

The Census Gazetteer records 1.2 square miles of land and 0.01 square miles of water within Morton. The resulting density is about 328 people per square mile. The largest place in Minnesota, Minneapolis, lies about 89 miles away. Within 50 miles of Morton there are 60 larger Census places. The 100-mile radius contains 323 larger places.

Lender access in Morton

Morton is lightly settled, with about 328 people per square mile and 60 larger places within 50 miles. Whether Morton has a local branch or not, a Minnesota-licensed lender can serve its 397 people online on the same terms. The nearest bigger place is Franklin, MN about 5 miles away.

Inside a Morton personal loan

A Morton personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 397 residents. Because pricing is borrower-level, two people in Morton can be quoted different APRs on the same amount and term. The term you choose in Morton decides the split between a comfortable payment and the total interest you pay.

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 Morton 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 Morton is the same as anywhere in Minnesota.
What loan size can I expect in Morton?
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 Morton?
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 Morton 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.

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