Personal loans in Powers Lake, ND

The trend for Powers Lake between 2020 and 2023 is downward by roughly 3.6%. A single loan can carry different costs on either side of a state line, and Powers Lake sits on the North Dakota side of that line. Rate-shopping from Powers Lake costs nothing at pre-qualification, where a soft pull leaves your credit file alone. The closest larger place is Tioga, ND about 18 miles away.

What the Census records for Powers Lake

Set out below is Powers Lake's local context next to the state-level rules that reach every lender here.

• Population: about 375 people live here, which puts Powers Lake 106th of 355 Census places in North Dakota (Vintage 2023).
• Population trend: Down about 3.6% from the 2020 Census base to the 2023 estimate.
• Absolute change: 14 residents lost between 2020 and 2023.
• Size percentile: roughly 70% of North Dakota's places have fewer residents than Powers Lake's 375.
• Land and density: 1.4 square miles of land carry roughly 270 residents per square mile.
• Land area rank: Powers Lake's 1.4 square miles rank 74th of 355 places in North Dakota.
• Water area rank: Powers Lake ranks 8th among North Dakota's 355 places, with 0.25 sq mi.
• Share of state population: Powers Lake's 375 residents are about 0.1% of North Dakota.
• National rank: Powers Lake sits 14,358th by population among the 19,457 places in this dataset.
• Growth rank: Powers Lake's 2020-to-2023 change ranks 286th of 355 places in North Dakota.
• Versus North Dakota: the state average change is -1.2%, while Powers Lake moved 3.6%.
• Density in North Dakota: Powers Lake ranks 204th by people per square mile.
• Against the state median: Powers Lake runs about 270 residents per square mile, where the North Dakota median is 352.
• Location: coordinates 48.5640, -102.6456 (US Census Bureau Gazetteer).
• Nearest larger cities: Tioga (18 mi); Stanley (21 mi); Kenmare (27 mi); Ray (29 mi); Crosby (38 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller places close by: White Earth (14 mi); Ross (18 mi); Lignite (22 mi).
• Smaller neighbours: 19 places smaller than Powers Lake sit within 50 miles.
• Larger places within 100 miles: 24.

Powers Lake against the rest of North Dakota

Against North Dakota's other places, Powers Lake accounts for about 0.1% of the state's population and ranks 106th of 355 by size. For population change between 2020 and 2023, Powers Lake ranks 286th of 355 in North Dakota (about the 19th percentile). Its roughly 270 residents per square mile place it 204th among North Dakota's places. By land area, its 1.4 square miles rank 74th of 355 places in North Dakota.

What a Powers Lake borrower is actually offered

Powers Lake is a small community of about 375 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Powers Lake lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Powers Lake loan is knowable in advance — unlike a revolving card balance.

Getting a loan in Powers Lake

With about 270 residents per square mile, Powers Lake is lightly settled, and 8 larger Census places sit within 50 miles. Distance to a branch rarely matters for Powers Lake's 375 residents: the application is online and the price follows your credit file. The nearest larger city, Tioga, ND about 18 miles away.

A practical checklist for Powers Lake borrowers

Before you apply in Powers Lake, a community of about 375, work through these steps:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Test your amount and term in the personal loan calculator first.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Check the North Dakota regulator's records to confirm the lender is licensed here.
5. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.

What differs between Powers Lake and the rest of North Dakota is not the process but the borrower's own file, among the 375 people here.

North Dakota rules behind a Powers Lake personal loan

The rows below set out what a licensed lender must follow in North Dakota, and so for Powers Lake's roughly 375 residents.