Delphi at a glance
- Population: the Census estimates 2,997 residents, ranking 160th of 565 places in Indiana (Vintage 2023).
- 2020 Census base: 2,962 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up roughly 1.2% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Indiana places: 160th in population of 565 places (US Census Bureau).
- Size percentile: larger than about 72% of the Census places in Indiana (US Census Bureau).
- Coordinates: mapped at 40.5834, -86.6668 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Monticello, IN (12 mi); Lafayette, IN (16 mi); West Lafayette, IN (17 mi); Logansport, IN (20 mi); Frankfort, IN (22 mi) (US Census Bureau populations).
- Nearest smaller communities: Yeoman, IN (7 mi); Camden, IN (7 mi); Flora, IN (8 mi), each a US Census place.
What a personal loan costs in Delphi
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Indiana lending rules that apply in Delphi
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Delphi
Before you share your details with a lender in Delphi:
- 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.