Long Beach at a glance
- Population: 1,174, the 279th-largest community in Indiana out of 565 (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,189 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a loss of about 1.3% since the 2020 count (US Census Bureau).
- Rank among Indiana places: 279th in population of 565 places (US Census Bureau).
- Size percentile: roughly 51% of Indiana's places have fewer residents (US Census Bureau).
- Coordinates: 41.7431, -86.8485 (US Census Bureau Gazetteer).
- Nearest larger cities: Michigan City, IN (3 mi); Trail Creek, IN (3 mi); New Buffalo, MI (6 mi); La Porte, IN (12 mi); Three Oaks, MI (13 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Pottawattamie Park, IN (2 mi); Michiana Shores, IN (2 mi); Michiana, MI (2 mi) (Census populations).
What a personal loan costs in Long Beach
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Indiana lending rules that apply in Long Beach
Read the table as the compliance picture for a lender serving Long Beach: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Long Beach
Before you commit to a personal loan in Long Beach, work through these steps:
- 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.