Personal loans in Perry, MI

Perry is a small community in Michigan, with an estimated 2,126 residents, and every licensed lender here follows the same state rulebook.

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

Compare loan offers Run the numbers first

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.

Which products a lender may offer to Perry's 2,126 residents follows from the Michigan consumer-lending framework. By population, Perry sits at 243rd in Michigan, with an estimated 2,126 residents. Read the disclosure for an origination fee and any prepayment penalty before signing in Perry. Perry added about 2.6% to its population between the 2020 base and the 2023 estimate. Borrowers who want a bigger city can look to Williamston, MI about 11 miles away.

Perry by the numbers

Most of what governs a Perry loan is written in Michigan law rather than in the city; the sourced notes below make that split concrete.

How Perry compares across Michigan

Within Michigan, Perry holds roughly 0.0% of all residents, the 243rd-largest share among 533 places. For population change between 2020 and 2023, Perry ranks 44th of 533 in Michigan (about the 92th percentile). At about 818 people per square mile, Perry is the 341st most densely settled place in Michigan. In land area, Perry ranks 193rd among Michigan's 533 places.

How personal loans work in Perry

A Perry personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 2,126 residents. Federal Truth in Lending rules require a Perry lender to disclose the APR and finance charge before you sign. Shortening the term on a Perry loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Borrowing reach in Perry

Perry is a moderately settled community of about 2,126 people, with 58 larger places inside a 50-mile radius. Lenders licensed in Michigan reach Perry's 2,126 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Williamston, MI about 11 miles away.

How Michigan law applies in Perry

When Michigan does not publish a figure, the row links to the source instead of inventing a number; Perry is bound by the same rules.

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
Small-loan / installment lender licensingLicense required from the commissioner to make regulated loans (Regulatory Loan Act, MCL 493.1 et seq.)
Source says: "a person shall not engage in the business of making loans of money ... without first obtaining a license from the commissioner"		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

The geography behind Perry

Perry's land area is about 2.6 square miles; a further 0.11 square miles is water. Spread across it are roughly 818 residents per square mile. For the state's biggest city, Detroit, the distance is roughly 65 miles. A 50-mile radius around Perry takes in 58 places that are larger. Within the same 50 miles lie 56 smaller Census places.

Compare personal loan offers Run the numbers first

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