Rosemont at a glance
- Population: 3,766, the 382nd-largest community in Illinois out of 1,294 (US Census Bureau, Vintage 2023).
- 2020 Census base: 3,953 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down roughly 4.7% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Illinois places: 382nd by size among 1,294 communities (US Census Bureau).
- Size percentile: ahead of around 70% of Illinois places in population terms (US Census Bureau).
- Coordinates: it sits at 41.9890, -87.8717 in the US Census Bureau Gazetteer.
- Nearest larger cities: Schiller Park, IL (2 mi); Park Ridge, IL (2 mi); Norridge, IL (3 mi); Des Plaines, IL (3 mi); Franklin Park, IL (4 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Golf, IL (7 mi); Oakbrook Terrace, IL (11 mi); Kenilworth, IL (11 mi) (US Census Bureau estimates).
What a personal loan costs in Rosemont
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Illinois lending rules that apply in Rosemont
The table lists the Illinois rules that apply to a loan made in Rosemont, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer Installment Loan Act license required from the Director of Financial Institutions (loans above 9% APR) Source says: "No person ... shall engage in the business of making loans of money ... except ... after first obtaining a license from the Director of Financial Institutions". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
| 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 |
| Payday lending status | Permitted under license; capped at 36% annual percentage rate (payday loans) Source says: "shall not contract for or receive a charge exceeding a 36% annual percentage rate ... for a payday loan". | Illinois General Assembly (Illinois Compiled Statutes) as of 2026-09-16 |
How to compare offers in Rosemont
Here is a short checklist for comparing personal loans in Rosemont:
- 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 Illinois using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.