Personal loans in Shafer, MN

Shafer gained roughly 4.4% in population across the 2020-to-2023 comparison. If debt is already a strain, a nonprofit credit counsellor can help Shafer residents before they take on more. The nearest larger city is Lindstrom, MN about 4 miles away. Lenders active in Shafer report to a Minnesota supervisor, identified in the sourced rows below.

Shafer by the numbers

Only a few things actually differ by place — population, area, location, and the Minnesota rules a lender must follow — and they are below.

• Population: about 1,195 people live here, which puts Shafer 332nd of 853 Census places in Minnesota (Vintage 2023).
• Population trend: About 4.4% above the 2020 Census base.
• Change in people: the 2020-to-2023 comparison is a gain of about 50 residents.
• Size percentile: roughly 61% of Minnesota places rank below Shafer.
• Density: roughly 941 residents per square mile, spread over 1.3 sq mi of land.
• By land area: Shafer ranks 440th among Minnesota's 853 places, at 1.3 sq mi.
• Share of state population: Shafer's 1,195 residents are about 0.0% of Minnesota.
• National rank: Shafer is 9,571st of 19,457 places nationwide.
• Growth in Minnesota: Shafer stands 80th by percentage change from 2020 to 2023, among 853 places.
• Against the state trend: Shafer's 4.4% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: Shafer is the 293rd most densely settled place in Minnesota.
• Density vs Minnesota: Shafer's 941 people per square mile compare with a state median of 607.
• Location: 45.3900 / -92.7583, per the US Census Bureau Gazetteer.
• Nearest larger cities: Lindstrom (4 mi); Osceola (6 mi); St. Croix Falls (7 mi); Chisago City (8 mi); Scandia (10 mi). Online lenders reach Shafer no matter how far the nearest branch is.
• Nearest smaller places: Center City (3 mi); Taylors Falls (4 mi); Dresser (6 mi).
• Smaller places within 50 miles: 52 of them.
• At 100 miles: 253 larger Census places fall inside that radius.

The Minnesota lending rules that reach Shafer

For the roughly 1,195 residents of Shafer, the rules below are Minnesota's own; each row carries its publisher and retrieval date.

What is available to Shafer borrowers

Shafer is a moderately settled community of about 1,195 people, with 125 larger places inside a 50-mile radius. Distance to a branch rarely matters for Shafer's 1,195 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Lindstrom, MN about 4 miles away.

A practical checklist for Shafer borrowers

These steps shape the offer you get in Shafer, a place of about 1,195 people:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Model the payment on the calculator before a lender models it for you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Confirm the lender holds a Minnesota licence by checking the regulator named above.
5. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Make sure the new payment leaves room in a budget you already keep.
7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

In Shafer as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 1,195 residents.

Shafer's place among Minnesota's 853 places

Among Minnesota's 853 places, Shafer sits at 332nd for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Shafer ranks 80th of 853 in Minnesota (about the 91th percentile). By density, at about 941 people per square mile, it ranks 293rd in Minnesota. Within 50 miles sit 52 smaller Census places, alongside the 125 that are larger.

Shafer on the map

Shafer's land area is roughly 1.3 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 941 residents per square mile. The largest place in Minnesota, Minneapolis, lies about 39 miles away. A 50-mile radius around Shafer takes in 125 places that are larger. By land area it ranks 440th of 853 Minnesota places.