Matamoras (New Matamoras) at a glance
- Population: a Census-estimated 689, placing it 601st among Ohio's 924 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 704 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 2.1% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Ohio places: 601st by size among 924 communities (US Census Bureau).
- Size percentile: roughly 35% of places in Ohio rank below it by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 39.5184, -81.0733.
- Nearest larger cities: Sistersville, WV (5 mi); Paden City, WV (9 mi); St. Marys, WV (11 mi); Belmont, WV (14 mi); New Martinsville, WV (14 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Friendly, WV (1 mi); Middlebourne, WV (9 mi); Antioch, OH (10 mi) — US Census Bureau populations.
What a personal loan costs in Matamoras (New Matamoras)
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
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.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Ohio lending rules that apply in Matamoras (New Matamoras)
The sourced rows below are the rules a licensed lender must follow when lending in Ohio, and therefore in Matamoras (New Matamoras).
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal 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 licensing | Consumer 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 regulator | Ohio 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 Matamoras (New Matamoras)
These steps are the ones that most affect the offer you receive in Matamoras (New Matamoras):
- 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 Ohio using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.