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Personal loans in Adena, OH

In Adena, a personal loan turns a one-time expense into predictable monthly payments, and the rate you get depends on your credit, income and debts. At about 646 residents, Adena is the 618th-largest of the 924 Census places in Ohio. The sourced table below lists the Ohio rate caps and licensing rules a lender must follow on a loan made here.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Adena at a glance

  • Population: 646 (US Census Bureau, Vintage 2023 subcounty estimate), the 618th-largest of 924 places in Ohio.
  • 2020 Census base: 664 residents (US Census Bureau, 2020 Census).
  • 2020 to 2023 change: population fell about 2.7% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
  • Rank among Ohio places: 618th out of 924 Census places (US Census Bureau).
  • Size percentile: roughly 33% of Ohio's places have fewer residents (US Census Bureau).
  • Coordinates: it sits at 40.2167, -80.8762 in the US Census Bureau Gazetteer.
  • Nearest larger cities: Cadiz, OH (7 mi); Hopedale, OH (8 mi); St. Clairsville, OH (10 mi); Tiltonsville, OH (10 mi); Yorkville, OH (10 mi); each population is a US Census Bureau estimate.
  • Smaller places nearby: Harrisville, OH (2 mi); Mount Pleasant, OH (5 mi); Dillonvale, OH (5 mi), per US Census Bureau estimates.

What a personal loan costs in Adena

Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.

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.

Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.

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.

Ohio lending rules that apply in Adena

Each row below is a Ohio rule with its publisher and the date it was retrieved.

RuleDetailSource
Payday lending statusLegal for licensed short-term lenders; interest capped at 28% per annum; total fees and charges capped at 60% of the originally contracted loan amount.
Source says: "(A) Interest not exceeding a rate of twenty-eight per cent per annum" (Ohio Rev. Code 1321.40); total fees/charges capped at "a total amount of fees and charges that exceeds sixty per cent of the originally contracted loan amount" (1321.403).
Ohio Laws (Ohio Revised Code - official state publication)
as of 2026-09-16
Small-loan / installment lender licensingConsumer finance licenses required for non-depository lenders, including Consumer Installment Loan Act lenders, General Loan Law lenders, short-term lenders, and small loan lenders.
Source says: "We issue and manage licenses for companies and individuals under multiple Ohio statutes." (page's regulated-statutes list names Consumer Installment Loan Act lenders, General Loan Law lenders, Short-term lenders, Small loan lenders).
Ohio Department of Commerce - Division of Financial Institutions
as of 2026-09-16
State lending regulatorOhio Department of Commerce, Division of Financial Institutions (Consumer Finance Section).
Source says: "The Consumer Finance Section is responsible for regulating non-depository consumer lenders and related consumer finance businesses."
Ohio Department of Commerce - Division of Financial Institutions
as of 2026-09-16
Maximum legal interest rate (usury cap)8% per annum maximum by written agreement for the general case; higher rates permitted only in specified cases (e.g., principal over $100,000, business loans, certain mortgages).
Source says: "may stipulate therein for the payment of interest upon the amount thereof at any rate not exceeding eight per cent per annum payable annually" (Ohio Rev. Code 1343.01(A)). [codes.ohio.gov content retrieved via search-engine fetch of the official section; direct connections blocked from our network]
Ohio Laws (Ohio Revised Code - official state publication)
as of 2026-09-16

How to compare offers in Adena

Run through this list before signing anything in Adena:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Ohio using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Adena?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Adena are the same as elsewhere in Ohio.
How much can I borrow with a personal loan in Adena?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Adena require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Adena hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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