Keenes at a glance
- Population: 48 residents, the 1,277th-largest of 1,294 places in Illinois (US Census Bureau, Vintage 2023).
- 2020 Census base: 48 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: no meaningful change since the 2020 count (US Census Bureau).
- Rank among Illinois places: 1,277th by size among 1,294 communities (US Census Bureau).
- Size percentile: roughly 1% of places in Illinois rank below it by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 38.3386, -88.6419.
- Nearest larger cities: Wayne City, IL (3 mi); Bluford, IL (5 mi); Sims, IL (6 mi); Belle Rive, IL (9 mi); Belle Prairie City, IL (9 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Macedonia, IL (20 mi); Burnt Prairie, IL (22 mi); Phillipstown, IL (36 mi) — US Census Bureau populations.
What a personal loan costs in Keenes
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Illinois lending rules that apply in Keenes
Where a figure is not published by the state, the row points to the source instead of guessing.
| 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 Keenes
These steps are the ones that most affect the offer you receive in Keenes:
- 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.