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Personal loans in Harris, MN

A personal loan in Harris is repaid in equal monthly installments over a fixed term, with the rate set from your credit history, income and debts. Harris has a Census-estimated population of 1,139, ranking 336th among the 853 Census places in Minnesota. Minnesota law sets the rate ceilings and the licensing a lender must hold, and the table below lists each sourced figure.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Harris at a glance

  • Population: a Census-estimated 1,139, placing it 336th among Minnesota's 853 places (Vintage 2023 subcounty estimate).
  • 2020 Census base: 1,113 people (US Census Bureau, 2020 Census count).
  • 2020 to 2023 change: up roughly 2.3% across the 2020-to-2023 comparison (US Census Bureau).
  • Rank among Minnesota places: 336th of 853 by population (US Census Bureau, Vintage 2023).
  • Size percentile: roughly 61% of Minnesota's places have fewer residents (US Census Bureau).
  • Coordinates: the Census Gazetteer places it at 45.5978, -92.9886.
  • Nearest larger cities: North Branch, MN (6 mi); Rush City, MN (6 mi); Cambridge, MN (12 mi); Stacy, MN (12 mi); Rock Creek, MN (12 mi); US Census Bureau population estimates.
  • Smaller places close by: Grasston, MN (16 mi); Center City, MN (16 mi); Bethel, MN (19 mi) (US Census Bureau).

What a personal loan costs in Harris

A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.

Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.

Minnesota lending rules that apply in Harris

Each row below is a Minnesota rule with its publisher and the date it was retrieved.

RuleDetailSource
Small-loan / installment lender licensingRegulated loan license required from the commissioner for loans within the Chapter 56 threshold (Minn. Stat. § 56.01)
Source says: "without first obtaining a license from the commissioner, no person shall engage in the business of making loans of money"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
State lending regulatorMinnesota Department of Commerce (commissioner of commerce)
Source says: ""Commissioner" means the commissioner of commerce"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Payday ability-to-repay requirementRequired for payday loans with an APR above 36% (Minn. Stat. § 47.603)
Source says: "This section applies to all payday loans with an annual percentage rate that exceeds 36 percent."
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Maximum legal interest rate (usury cap)6% per year legal rate of interest; a different rate may be contracted for in writing (Minn. Stat. § 334.01)
Source says: "The interest for any legal indebtedness shall be at the rate of $6 upon $100 for a year"
Minnesota Legislature, Office of the Revisor of Statutes
as of 2026-09-16
Payday lending statusLegal and licensed; APR capped at 36%, or up to 50% with an ability-to-repay analysis (Minn. Stat. §§ 47.60, 47.601, 47.603)
Source says: "The cap on that annual percentage rate is set at either 36%, or up to 50% if the lender conducts an ability to repay analysis"
Minnesota Department of Commerce
as of 2026-09-16

How to compare offers in Harris

The order below is a sensible way to approach a loan in Harris:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Minnesota using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Harris?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Harris are the same as elsewhere in Minnesota.
How much can I borrow with a personal loan in Harris?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Harris require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Harris hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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