Fort Branch at a glance
- Population: 2,931 residents, the 161st-largest of 565 places in Indiana (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,966 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 1.2% lower than the 2020 Census base (US Census Bureau).
- Rank among Indiana places: 161st-largest of 565 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: larger than about 72% of the Census places in Indiana (US Census Bureau).
- Coordinates: it sits at 38.2458, -87.5732 in the US Census Bureau Gazetteer.
- Nearest larger cities: Princeton, IN (8 mi); Mount Carmel, IL (16 mi); Evansville, IN (18 mi); Chandler, IN (18 mi); Boonville, IN (21 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Haubstadt, IN (3 mi); Owensville, IN (7 mi); Cynthiana, IN (8 mi) (Census populations).
What a personal loan costs in Fort Branch
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Indiana lending rules that apply in Fort Branch
The table carries the Indiana rate and licensing rules that apply to consumer loans made in Fort Branch.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Fort Branch
A few practical steps will make the process in Fort Branch 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.