Wolf Point at a glance
- Population: 2,517, the 28th-largest community in Montana out of 127 (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,635 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a decline of roughly 4.5% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Montana places: the 28th-largest of 127 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 78% of Montana places in population terms (US Census Bureau).
- Coordinates: 48.0931 / -105.6414, per the US Census Bureau Gazetteer.
- Nearest larger cities: Glasgow, MT (46 mi); Sidney, MT (73 mi); Glendive, MT (81 mi); Williston, ND (92 mi); Watford City, ND (112 mi); US Census Bureau population estimates.
- Smaller places nearby: Poplar, MT (21 mi); Nashua, MT (33 mi); Fort Peck, MT (38 mi), per US Census Bureau estimates.
What a personal loan costs in Wolf Point
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
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.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Montana lending rules that apply in Wolf Point
The sourced rows below are the rules a licensed lender must follow when lending in Montana, and therefore in Wolf Point.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Montana Division of Banking and Financial Institutions (BFID), Department of Administration Source says: "The Montana Division of Banking and Financial Institutions (Division) does all of its licensing through the Nationwide Multistate Licensing System (NMLS)." | Montana Department of Administration, Division of Banking and Financial Institutions as of 2026-09-16 |
| Deferred deposit loan license requirement (MCA 31-1-705) | A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department Source says: "A person may not engage in or offer to engage in the business of making deferred deposit loans unless licensed by the department." | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Greater of 15% or prime rate + 6 percentage points per year (written agreement); regulated lenders exempt Source says: "Parties may agree in writing to the payment of any rate of interest that does not exceed the greater of 15%" | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Payday lending status | Legal; deferred deposit lenders must be licensed; fee capped at 36% per annum Source says: "A licensee may not charge a fee for making or carrying each deferred deposit loan authorized by this part that exceeds 36% per annum" | Montana Legislative Services Division (Montana Code Annotated) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required under the Montana Consumer Loan Act (32-5-101); licensing through NMLS Source says: "A consumer loan license is needed to engage in business as defined in the Montana Consumer Loan Act" | Montana Department of Administration, Division of Banking and Financial Institutions as of 2026-09-16 |
How to compare offers in Wolf Point
The order below is a sensible way to approach a loan in Wolf Point:
- 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 Montana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.