Attica at a glance
- Population: 3,230 (US Census Bureau, Vintage 2023 subcounty estimate), the 155th-largest of 565 places in Indiana.
- 2020 Census base: the 2020 Census recorded 3,031 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 6.6% higher than at the 2020 Census (US Census Bureau).
- Rank among Indiana places: 155th of 565 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 73% of Indiana's Census places are smaller (US Census Bureau).
- Coordinates: 40.2870 latitude, -87.2452 longitude (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: West Lafayette, IN (20 mi); Lafayette, IN (22 mi); Danville, IL (22 mi); Crawfordsville, IN (25 mi); Hoopeston, IL (25 mi) (US Census Bureau).
- Nearest smaller communities: Williamsport, IN (2 mi); West Lebanon, IN (7 mi); Newtown, IN (8 mi), each a US Census place.
What a personal loan costs in Attica
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
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.
Indiana lending rules that apply in Attica
The table carries the Indiana rate and licensing rules that apply to consumer loans made in Attica.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Indiana Code IC 24-4.5-3-508 sets tiered maximum loan finance charges for supervised loans; the official code site renders client-side and the figure could not be confirmed from a fetched page, so no figure is asserted. | Indiana General Assembly (Indiana Code) as of 2026-09-16 |
| Payday lending status | Permitted under license (small loans); finance charges capped at 15% of the first $250 (tiered above) Source says: "Finance charges on the first $250 of a small loan are limited to 15% of the principal". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Small Loan License required (IUCCC; separate Consumer Loan License for IC 24-4.5-3 loans) Source says: "unless a person is a supervised financial organization or has first obtained a small loan license from the Department of Financial Institutions (DFI)". | Indiana Department of Financial Institutions as of 2026-09-16 |
| State lending regulator | Indiana Department of Financial Institutions (DFI), Consumer Credit Division Source says: "The industries regulated by the Consumer Credit Division are: non-depository small loan ("payday") lenders; traditional installment lenders". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Small-loan size limit | $825 maximum aggregate small-loan principal per borrower Source says: "Lenders cannot have loans ... outstanding with you at any one time if the aggregate principal amount/amount financed exceeds $825". | Indiana Department of Financial Institutions as of 2026-09-16 |
How to compare offers in Attica
A few practical steps will make the process in Attica 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 Indiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.