St. Paul Park at a glance
- Population: about 5,371 residents, ranking 142nd of 853 Census places in Minnesota (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 5,546 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 3.2% lower than the 2020 Census base (US Census Bureau).
- Rank among Minnesota places: the 142nd-largest of 853 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 83% of Minnesota's places have fewer residents (US Census Bureau).
- Coordinates: it sits at 44.8357, -92.9941 in the US Census Bureau Gazetteer.
- Nearest larger cities: Inver Grove Heights, MN (3 mi); Cottage Grove, MN (4 mi); South St. Paul, MN (4 mi); Woodbury, MN (6 mi); West St. Paul, MN (6 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Newport, MN (3 mi); Sunfish Lake, MN (5 mi); Landfall, MN (8 mi), each a US Census place.
What a personal loan costs in St. Paul Park
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
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 St. Paul Park
Read the table as the compliance picture for a lender serving St. Paul Park: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in St. Paul Park
Before you share your details with a lender in St. Paul Park:
- 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.