Personal loans in Slayton, MN

The 2020 count to the 2023 estimate shows about 1.9% decline in Slayton. Read the disclosure for an origination fee and any prepayment penalty before signing in Slayton. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Slayton's 1,977 residents. Borrowers who want a bigger city can look to Tracy, MN about 19 miles away.

Slayton: population, trend and location

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

• Population: an estimated 1,977 residents, 266th of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: A loss of roughly 1.9% between 2020 and 2023.
• Net change: roughly 38 fewer people than the 2020 Census counted.
• Size percentile: about 69% of Minnesota's Census places are smaller than Slayton.
• Population density: about 960 people per square mile (Census land area 2.1 sq mi).
• Land area: Slayton covers 2.1 square miles, the 326th-largest area among Minnesota's 853 places.
• Share of Minnesota: Slayton holds about 0.0% of the state's population, some 1,977 people.
• Nationally: Slayton is the 7,678th-largest of 19,457 Census places in the dataset.
• Growth in Minnesota: Slayton stands 616th by percentage change from 2020 to 2023, among 853 places.
• Versus Minnesota: the state average change is +0.1%, while Slayton moved 1.9%.
• Density in Minnesota: Slayton ranks 281st by people per square mile.
• Against the state median: Slayton runs about 960 residents per square mile, where the Minnesota median is 607.
• Location: 43.9902 / -95.7584, per the US Census Bureau Gazetteer.
• Nearest larger cities: Tracy (19 mi); Worthington (26 mi); Pipestone (27 mi); Marshall (32 mi); Luverne (33 mi). Lenders licensed in the state serve Slayton whether or not they keep a local branch.
• Nearest smaller towns: Hadley (5 mi); Iona (5 mi); Avoca (6 mi) — useful context for the surrounding area.
• Within a 50-mile radius: 92 smaller Census places.
• Larger places within 100 miles: 65.

How lenders reach Slayton

Slayton is moderately settled, with about 960 people per square mile and 13 larger places within 50 miles. Lenders licensed in Minnesota reach Slayton's 1,977 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Tracy, MN about 19 miles away.

Where Slayton sits in Minnesota

Set beside Minnesota's 853 places, Slayton ranks 266th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Slayton ranks 616th of 853 in Minnesota (about the 28th percentile). At about 960 people per square mile, Slayton is the 281st most densely settled place in Minnesota. In land area, Slayton ranks 326th among Minnesota's 853 places.

Inside a Slayton personal loan

Most loans made to Slayton's 1,977 residents are unsecured, so nothing is pledged and the lender relies on your credit history. A lender serving Slayton's 1,977 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Slayton loan is knowable in advance — unlike a revolving card balance.

Land, water and location for Slayton

Slayton covers about 2.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. With 1,977 residents, the land area yields roughly 960 people per square mile. The largest place in Minnesota, Minneapolis, lies about 140 miles away. Within 50 miles of Slayton there are 13 larger Census places. By land area it ranks 326th of 853 Minnesota places.

Minnesota consumer-lending rules applied in Slayton

Below are the Minnesota rules that apply to a loan made in Slayton, each with the regulator that issued it.