Personal loans in Solway, MN

If you are weighing a personal loan in Solway, start from the payment you can carry; its 73 residents face the same statewide rules. An estimated 73 people make their home in Solway, a figure that ranks 791st in Minnesota. A 2020-to-2023 comparison shows Solway down by about 2.7%. If debt is already a strain, a nonprofit credit counsellor can help Solway residents before they take on more. The next larger city is Shevlin, MN about 6 miles away.

Solway: population, trend and location

Read the local figures below as context; read the sourced Minnesota table as the rulebook a lender here must follow.

• Population: an estimated 73 residents, 791st of 853 places in Minnesota (Census Vintage 2023 subcounty estimate).
• Population trend: A decline of about 2.7% across the 2020-to-2023 comparison.
• Change in people: the 2020-to-2023 comparison is a loss of about 2 residents.
• Size percentile: bigger than about 7% of the places in Minnesota, with 73 residents in Solway.
• Density: the Census land area of 1.0 sq mi holds about 71 people per square mile.
• By land area: Solway ranks 498th among Minnesota's 853 places, at 1.0 sq mi.
• State share: roughly 0.0% of Minnesota's residents live in Solway (73 people).
• National rank: Solway is the 18,604th most populous of the 19,457 Census places covered here.
• Growth rank: Solway ranks 707th among Minnesota's 853 places for the 2020-to-2023 change.
• Against the state trend: Solway's 2.7% change compares with a Minnesota average of +0.1% across its 853 places.
• Density rank: Solway places 801st among Minnesota's places by people per square mile.
• Density in context: Solway's 71 people per square mile sit against a Minnesota median of 607.
• Location: coordinates 47.5210, -95.1303 (US Census Bureau Gazetteer).
• Nearest larger cities: Shevlin (6 mi); Wilton (6 mi); Bemidji (12 mi); Bagley (13 mi); Turtle River (18 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller places nearby: Leonard (11 mi); Gully (29 mi); Trail (32 mi).
• Within a 50-mile radius: 4 smaller Census places.
• At 100 miles: 171 larger Census places fall inside that radius.

Solway's place among Minnesota's 853 places

Within Minnesota, Solway holds roughly 0.0% of all residents, the 791st-largest share among 853 places. On the 2020-to-2023 trend, Solway stands 707th among Minnesota's 853 places — roughly the 17th percentile. By density, at about 71 people per square mile, it ranks 801st in Minnesota. Between 2020 and 2023 the count changed by roughly 2 residents.

What is available to Solway borrowers

Solway is a sparsely settled community of about 73 people, with 32 larger places inside a 50-mile radius. What is available to Solway's 73 borrowers is set by Minnesota licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Shevlin, MN about 6 miles away.

How personal loans work in Solway

In Solway, a small community of about 73, 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 Solway can be quoted different APRs on the same amount and term. The term you choose in Solway decides the split between a comfortable payment and the total interest you pay.

Solway on the map

Inside Solway's boundaries lie about 1.0 square miles of land, with no significant water area recorded. The resulting density is about 71 people per square mile. For the state's biggest city, Minneapolis, the distance is roughly 198 miles. A 50-mile radius around Solway takes in 32 places that are larger. Within the same 50 miles lie 4 smaller Census places.

Minnesota rules behind a Solway personal loan

This table holds the Minnesota rate and licensing rules for consumer loans made to Solway's 73 residents.