Personal loans in Taconite, MN

Personal loans in Taconite are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 644 population. Taconite ranks 439th of 853 places in Minnesota, with a population near 644. A 2020-to-2023 comparison shows Taconite down by about 0.8%. Use the calculator on this page to price an amount and term before you commit in Taconite. A larger market lies at Bovey, MN about 2 miles away.

Taconite: population, trend and location

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

• Population: 644 — Taconite ranks 439th of 853 communities in Minnesota (US Census Bureau, Vintage 2023).
• Population trend: Lower by roughly 0.8% since the 2020 count.
• People gained or lost: about 5 fewer since the 2020 base.
• Size percentile: with 644 residents, Taconite is larger than about 49% of Minnesota's Census places.
• Density: roughly 23 residents per square mile, spread over 28.0 sq mi of land.
• By land area: Taconite ranks 49th among Minnesota's 853 places, at 28.0 sq mi.
• Water area rank: Taconite ranks 57th among Minnesota's 853 places, with 1.65 sq mi.
• State share: roughly 0.0% of Minnesota's residents live in Taconite (644 people).
• National rank: Taconite sits 12,139th by population among the 19,457 places in this dataset.
• Growth rank: Taconite ranks 432nd among Minnesota's 853 places for the 2020-to-2023 change.
• State comparison: Minnesota's places average +0.1% for 2020-to-2023, against Taconite's 0.8%.
• Density rank: Taconite places 845th among Minnesota's places by people per square mile.
• Against the state median: Taconite runs about 23 residents per square mile, where the Minnesota median is 607.
• Location: coordinates 47.3180, -93.3829 (US Census Bureau Gazetteer).
• Nearest larger cities: Bovey (2 mi); Coleraine (5 mi); La Prairie (8 mi); Grand Rapids (9 mi); Nashwauk (11 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller communities close by: Marble (4 mi); Calumet (6 mi); Warba (14 mi), each with its own Census population profile.
• Within a 50-mile radius: 25 smaller Census places.
• At 100 miles: 63 larger Census places fall inside that radius.

How Taconite compares across Minnesota

Within Minnesota, Taconite holds roughly 0.0% of all residents, the 439th-largest share among 853 places. For population change between 2020 and 2023, Taconite ranks 432nd of 853 in Minnesota (about the 49th percentile). At about 23 people per square mile, Taconite is the 845th most densely settled place in Minnesota. In land area, Taconite ranks 49th among Minnesota's 853 places.

The anatomy of a Taconite personal loan

Taconite is a small community of about 644 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Taconite. Shortening the term on a Taconite loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

The state rulebook for Taconite

Every row below records a Minnesota rule, its publisher and its retrieval date — the same rules a Taconite lender must follow.

How lenders reach Taconite

Taconite is a sparsely settled community of about 644 people, with 16 larger places inside a 50-mile radius. Whether Taconite has a local branch or not, a Minnesota-licensed lender can serve its 644 people online on the same terms. The nearest larger city, Bovey, MN about 2 miles away.

The Taconite borrowing checklist

These steps shape the offer you get in Taconite, a place of about 644 people:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Shop at least three lenders and judge them on APR and total cost.
4. Confirm the Minnesota licence with the regulator named above before committing.
5. Look for an origination fee or prepayment penalty in the written disclosure.
6. Check that the monthly payment fits your budget next to your existing obligations.
7. Pick the shortest term whose payment you can comfortably afford.

In Taconite as elsewhere in Minnesota, the written terms — not the advertisement — are what count for its 644 residents.