Personal loans in Volo, IL
With roughly 7,016 residents, Volo is a small town, and the lending rules its borrowers live under are written in Illinois, not by the city.
Begin with the payment, then weigh APR and total interest across the lenders that reach Volo's 7,016 residents. By population, Volo sits at 278th in Illinois, with an estimated 7,016 residents. To lend to Volo's 7,016 residents, a company must hold a Illinois licence, and each sourced row below names the regulator behind it. Volo gained roughly 13.9% in population across the 2020-to-2023 comparison. The nearest larger city is Round Lake, IL about 3 miles away.
What the Census records for Volo
Here is the sourced Census picture for Volo, plus the Illinois lending rules that apply to a loan taken out here.
- Population: 7,016 people, a figure that places Volo 278th among the 1,294 Census places in Illinois (US Census Bureau, Vintage 2023).
- Population trend: About 13.9% above the 2020 Census base.
- Change in people: the 2020-to-2023 comparison is a gain of about 856 residents.
- Size percentile: bigger than about 79% of the places in Illinois, with 7,016 residents in Volo.
- Population density: about 1,702 people per square mile across 4.1 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area: Volo covers 4.1 square miles, the 307th-largest area among Illinois's 1,294 places.
- Water: Volo holds about 0.08 square miles, the 238th-largest water area in Illinois.
- Within Illinois: about 0.1% of the state's population lives in Volo.
- National rank: Volo sits 3,977th by population among the 19,457 places in this dataset.
- Growth in Illinois: Volo stands 5th by percentage change from 2020 to 2023, among 1,294 places.
- State comparison: Illinois's places average -2.0% for 2020-to-2023, against Volo's 13.9%.
- Density in Illinois: Volo ranks 303rd by people per square mile.
- Density vs Illinois: Volo's 1,702 people per square mile compare with a state median of 993.
- Location: 42.3303 / -88.1587, per the US Census Bureau Gazetteer.
- Nearest larger cities: Round Lake (3 mi); Wauconda (4 mi); Round Lake Park (4 mi); Island Lake (4 mi); Round Lake Beach (5 mi). Living near a larger metro rarely changes what is available in Volo.
- Nearest smaller towns: Lakemoor (2 mi); Holiday Hills (4 mi); Hainesville (4 mi).
- Smaller places within 50 miles: 110 of them.
- At 100 miles: 309 larger Census places fall inside that radius.
How personal loans work in Volo
Volo is a small town of about 7,016 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. A lender serving Volo's 7,016 residents must disclose the APR and finance charge in writing before you sign. The term you choose in Volo decides the split between a comfortable payment and the total interest you pay.
Getting a loan in Volo
Volo is a moderately settled community of about 7,016 people, with 186 larger places inside a 50-mile radius. A Illinois licence lets a lender serve Volo without a local office, so branch density does not change what its 7,016 residents are offered. The nearest bigger place is Round Lake, IL about 3 miles away.
Illinois consumer-lending rules applied in Volo
For the roughly 7,016 residents of Volo, the rules below are Illinois's own; each row carries its publisher and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Illinois Department of Financial and Professional Regulation (IDFPR), Division of Financial Institutions Source says: "DFI licenses, charters, and examines a wide variety of financial products and services including: Consumer and Sales Finance and Collection Agencies". | Illinois Department of Financial and Professional Regulation as of 2026-09-16 |
| Installment lender net-worth requirement | $30,000 minimum positive net worth (plus $25,000 surety bond) Source says: "every applicant shall prove ... that the applicant has and will maintain a positive net worth of a minimum of $30,000". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 9% annual percentage rate (general written-contract interest cap) Source says: "it shall be lawful for the parties to stipulate or agree that an annual percentage rate of 9%, or any less sum". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
The geography behind Volo
Inside Volo's boundaries lie roughly 4.1 square miles of land and 0.08 square miles of water. The resulting density is about 1,702 people per square mile. The largest place in Illinois, Chicago, lies about 42 miles away. Within 50 miles of Volo there are 186 larger Census places. Within the same 50 miles lie 110 smaller Census places.
How Volo compares across Illinois
Volo is the 278th-largest of 1,294 Census places in Illinois and contains about 0.1% of the state's people. Its 2020-to-2023 change ranks 5th of 1,294 Illinois places, putting it near the 100th percentile for growth. By density, at about 1,702 people per square mile, it ranks 303rd in Illinois. Within 50 miles sit 110 smaller Census places, alongside the 186 that are larger.
Common questions
What are my options in Volo if my credit is poor?
What loan size can I expect in Volo?
Do I have to pledge anything to borrow in Volo?
Does comparing loans in Volo cost me credit score points?
Nearby places
- Lakemoor, IL — population 6,338
- Round Lake, IL — population 18,430
- Wauconda, IL — population 13,891
- Island Lake, IL — population 7,992
- Round Lake Heights, IL — population 2,575
- Holiday Hills, IL — population 607
- Round Lake Park, IL — population 7,724
- Hainesville, IL — population 3,489