Rogers at a glance
- Population: 13,617 — 85th in Minnesota, which has 853 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 13,299 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up about 2.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Minnesota places: the 85th-largest of 853 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 90% of Minnesota places in population terms (US Census Bureau).
- Coordinates: 45.1838 latitude, -93.5717 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): St. Michael, MN (6 mi); Otsego, MN (6 mi); Maple Grove, MN (7 mi); Ramsey, MN (8 mi); Anoka, MN (9 mi) (US Census Bureau).
- Nearest smaller places: Hanover, MN (5 mi); Dayton, MN (5 mi); Corcoran, MN (5 mi) (US Census Bureau estimates).
What a personal loan costs in Rogers
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Minnesota lending rules that apply in Rogers
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal 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 |
| Small-loan / installment lender licensing | Regulated 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 regulator | Minnesota 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 requirement | Required 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 |
How to compare offers in Rogers
A few practical steps will make the process in Rogers less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Minnesota using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.