Kenney at a glance
- Population: 308 residents, the 998th-largest of 1,294 places in Illinois (US Census Bureau, Vintage 2023).
- 2020 Census base: 305 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up about 1.0% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Illinois places: the 998th-largest of 1,294 (US Census Bureau, 2023 estimate).
- Size percentile: it is larger than about 23% of the places in Illinois (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 40.0979, -89.0861.
- Nearest larger cities within 120 miles: Clinton, IL (7 mi); Maroa, IL (8 mi); Latham, IL (10 mi); Waynesville, IL (10 mi); Wapella, IL (11 mi) (US Census Bureau).
- Nearest smaller towns: De Witt, IL (17 mi); Broadwell, IL (19 mi); Cisco, IL (20 mi) (US Census Bureau).
What a personal loan costs in Kenney
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Illinois lending rules that apply in Kenney
Read the table as the compliance picture for a lender serving Kenney: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Kenney
The steps below are worth completing first when you borrow in Kenney:
- 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.