Personal loans in Ruthton, MN

With roughly 221 residents, Ruthton is a small community, and the lending rules its borrowers live under are written in Minnesota, not by the city.

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.

Every figure below is Minnesota's own, applied to Ruthton's 221 residents, with the publisher and retrieval date attached. An estimated 221 people make their home in Ruthton, a figure that ranks 631st in Minnesota. Read the disclosure for an origination fee and any prepayment penalty before signing in Ruthton. The trend for Ruthton between 2020 and 2023 is downward by roughly 2.2%. The nearest larger metro is Tyler, MN about 7 miles away.

The Ruthton data picture

What follows is Ruthton's place in the Census record, alongside the Minnesota rules that govern a personal loan made here.

What a Ruthton borrower is actually offered

A Ruthton personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 221 residents. The APR tracks your credit score rather than Ruthton's rank of 631st in Minnesota: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Ruthton loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Where Ruthton sits

Inside Ruthton's boundaries lie about 0.6 square miles of land, with no significant water area recorded. With 221 residents, the land area yields roughly 383 people per square mile. The state's population centre of gravity, Minneapolis, is roughly 150 miles away. Ruthton has 61 larger places within a 50-mile radius. Within the same 50 miles lie 42 smaller Census places.

Ruthton in state context

Within Minnesota, Ruthton holds roughly 0.0% of all residents, the 631st-largest share among 853 places. On the 2020-to-2023 trend, Ruthton stands 649th among Minnesota's 853 places — roughly the 24th percentile. Its roughly 383 residents per square mile place it 553rd among Minnesota's places. Within 50 miles sit 42 smaller Census places, alongside the 61 that are larger.

What is available to Ruthton borrowers

With about 383 residents per square mile, Ruthton is lightly settled, and 61 larger Census places sit within 50 miles. Distance to a branch rarely matters for Ruthton's 221 residents: the application is online and the price follows your credit file. The nearest larger city, Tyler, MN about 7 miles away.

The state rulebook for Ruthton

Read the table as a lender's compliance picture for Ruthton: the rule, the sourced figure, the publisher and the date.

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

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

Related