Lindstrom at a glance
- Population: a Census-estimated 5,008, placing it 153rd among Minnesota's 853 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 4,893 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 2.4% growth over the 2020 Census base (US Census Bureau).
- Rank among Minnesota places: 153rd-largest of 853 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 82% of Minnesota's Census places are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 45.3858, -92.8437.
- Nearest larger cities: Chisago City, MN (4 mi); Wyoming, MN (7 mi); North Branch, MN (10 mi); Forest Lake, MN (11 mi); Hugo, MN (16 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Center City, MN (2 mi); Shafer, MN (4 mi); Stacy, MN (7 mi), per US Census Bureau estimates.
What a personal loan costs in Lindstrom
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Minnesota lending rules that apply in Lindstrom
Each row below is a Minnesota rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Lindstrom
A few practical steps will make the process in Lindstrom less costly:
- 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.