Personal loans in Ray, ND

Ray counts about 723 people, and what is genuinely local about borrowing here is limited — North Dakota law does the governing. Every figure below is North Dakota's own, applied to Ray's 723 residents, with the publisher and retrieval date attached. For a community of about 723, the practical step is to compare APR across at least three lenders before committing. The closest larger city is Tioga, ND about 11 miles away.

Ray: population, trend and location

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

• Population: an estimated 723 residents, 72nd of 355 places in North Dakota (Census Vintage 2023 subcounty estimate).
• Population trend: A decline of about 2.3% across the 2020-to-2023 comparison.
• Change in people: the 2020-to-2023 comparison is a loss of about 17 residents.
• Size percentile: about 80% of North Dakota communities are smaller than Ray (723 residents).
• Land and density: 1.3 square miles of land carry roughly 548 residents per square mile.
• Land area rank: Ray's 1.3 square miles rank 81st of 355 places in North Dakota.
• Water area: Ray has 0.04 square miles of water, ranking 26th of 355 places in North Dakota.
• Share of North Dakota: Ray holds about 0.1% of the state's population, some 723 people.
• National rank: Ray is the 11,641st most populous of the 19,457 Census places covered here.
• Growth rank: Ray's 2020-to-2023 change ranks 204th of 355 places in North Dakota.
• State comparison: North Dakota's places average -1.2% for 2020-to-2023, against Ray's 2.3%.
• Density rank: Ray is the 128th most densely settled place in North Dakota.
• Density vs North Dakota: Ray's 548 people per square mile compare with a state median of 352.
• Location: the Census Gazetteer records it at 48.3354, -103.1733.
• Nearest larger cities: Tioga (11 mi); Williston (24 mi); Stanley (36 mi); Watford City (37 mi); New Town (40 mi). For most borrowers the comparison happens online, not at a branch.
• Nearest smaller towns: Epping (9 mi); Springbrook (14 mi); White Earth (19 mi) — useful context for the surrounding area.
• Smaller places within 50 miles: 17 of them.
• Larger places within 100 miles: 18.

What shapes a Ray personal loan

A Ray personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 723 residents. The APR tracks your credit score rather than Ray's rank of 72nd in North Dakota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Ray loan but raises total interest, so the smallest payment is not the cheapest loan.

Ray: area, density and distance

Inside Ray's boundaries lie roughly 1.3 square miles of land and 0.04 square miles of water. That land carries about 548 people per square mile. Fargo, the largest place in North Dakota, is about 312 miles from Ray. Counting outward 50 miles, 6 larger communities surround Ray. By land area it ranks 81st of 355 North Dakota places.

How North Dakota law applies in Ray

These are North Dakota's sourced lending facts as they reach Ray's 723 residents; the state has no city-level rate rule.

Steps to take before a Ray loan

Before you hand your details to a lender in Ray, where the population is near 723:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Test your amount and term in the personal loan calculator first.
3. Line up several pre-qualified offers and let the APR decide.
4. Confirm the North Dakota licence with the regulator named above before committing.
5. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
6. Look for an origination fee or prepayment penalty in the written disclosure.
7. Test the payment against your current bills before you commit.

None of these steps is Ray-specific: the same North Dakota licensing and disclosure rules reach all 723 residents.

Borrowing reach in Ray

Ray is a moderately settled community of about 723 people, with 6 larger places inside a 50-mile radius. What is available to Ray's 723 borrowers is set by North Dakota licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Tioga, ND about 11 miles away.