New Alexandria at a glance
- Population: roughly 224 people; 802nd of 924 places in Ohio (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 231 residents here (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 3.0% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Ohio places: 802nd by size among 924 communities (US Census Bureau).
- Size percentile: it is larger than about 13% of the places in Ohio (US Census Bureau).
- Coordinates: mapped at 40.2916, -80.6751 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Wellsburg, WV (3 mi); Mingo Junction, OH (4 mi); Beech Bottom, WV (5 mi); Follansbee, WV (5 mi); Steubenville, OH (5 mi) (US Census Bureau populations).
- Nearest smaller places: Bloomingdale, OH (8 mi); Harrisville, OH (13 mi); West Middletown, PA (14 mi) (US Census Bureau estimates).
What a personal loan costs in New Alexandria
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Ohio lending rules that apply in New Alexandria
The table lists the Ohio rules that apply to a loan made in New Alexandria, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in New Alexandria
The order below is a sensible way to approach a loan in New Alexandria:
- 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.