Personal loans in Solen, ND

The Census estimates 65 residents in Solen, which ranks it 258th of 355 places in North Dakota. Population in Solen dropped about 7.1% over the three years from 2020 to 2023.

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.

Solen, North Dakota — home to about 65 people — is a small community, so the terms you are offered follow North Dakota law rather than any local rule. Every figure below is North Dakota's own, applied to Solen's 65 residents, with the publisher and retrieval date attached. Judge Solen offers on total cost, not on how quickly the money arrives. The closest larger place is Flasher, ND about 21 miles away.

Local context for Solen

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

What shapes a Solen personal loan

In Solen, a small community of about 65, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Solen can be quoted different APRs on the same amount and term. Shortening the term on a Solen loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Where Solen sits in North Dakota

Set beside North Dakota's 355 places, Solen ranks 258th by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 352nd of 355 North Dakota places, putting it near the 1th percentile for growth. At about 195 people per square mile, Solen is the 252nd most densely settled place in North Dakota. Between 2020 and 2023 the count changed by roughly 5 residents.

North Dakota consumer-lending rules applied in Solen

This table holds the North Dakota rate and licensing rules for consumer loans made to Solen's 65 residents.

RuleDetailSource
State lending regulatorNorth Dakota Department of Financial Institutions (NDDFI)
Source says: "The Department also licenses and regulates Money Brokers... Deferred Presentment Service Providers (Payday Lenders), Collection Agencies, Debt Settlement Service Providers, and Money Transmitters."
North Dakota Department of Financial Institutions
as of 2026-09-16
Maximum legal interest rate (usury cap)Formula ceiling: 6-month U.S. Treasury bill average + 5.5 percentage points, never less than 7%; NDDFI-published rate for September 2026: 9.204%.
Source says: "The rate is equal to five and one-half percent (5.5%) higher than the current cost of money" and "the maximum allowable interest rate ceiling may not be less than seven (7) percent" (NDDFI Usury Rate page; September 2026 rate 9.204%).
North Dakota Department of Financial Institutions
as of 2026-09-16
Payday lending statusLegal for licensed deferred presentment service providers; fee capped at 20% of amount advanced; max $500 per transaction; $600 aggregate outstanding per customer.
Source says: "A licensee may charge a fee for the deferred presentment service, not to exceed twenty percent of the amount paid to the customer" (N.D.C.C. 13-08-12); "may not disburse more than five hundred dollars to the customer in a deferred presentment service transaction" (13-08-12.3).
North Dakota Legislative Branch
as of 2026-09-16

What is available to Solen borrowers

Solen is a lightly settled community of about 65 people, with 16 larger places inside a 50-mile radius. Lenders licensed in North Dakota reach Solen's 65 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Flasher, ND about 21 miles away.

Solen: area, density and distance

Solen's land area is roughly 0.3 square miles, and the Gazetteer records no significant water area within it. That land carries about 195 people per square mile. For the state's biggest city, Fargo, the distance is roughly 191 miles. Solen has 16 larger places within a 50-mile radius. Within the same 50 miles lie 2 smaller Census places.

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 Solen 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 Solen is the same as anywhere in North Dakota.
What loan size can I expect in Solen?
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 Solen?
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 Solen 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.

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