Orleans at a glance
- Population: 2,069 people, the 201st-largest place among Indiana's 565 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 2,106 (US Census Bureau).
- 2020 to 2023 change: about 1.8% below the 2020 Census base (US Census Bureau).
- Rank among Indiana places: 201st in population of 565 places (US Census Bureau).
- Size percentile: roughly 64% of places in Indiana rank below it by population (US Census Bureau).
- Coordinates: it sits at 38.6611, -86.4517 in the US Census Bureau Gazetteer.
- Nearest larger cities: Mitchell, IN (5 mi); Paoli, IN (7 mi); Bedford, IN (14 mi); Salem, IN (20 mi); Loogootee, IN (25 mi); US Census Bureau population estimates.
- Smaller places close by: Saltillo, IN (8 mi); Campbellsburg, IN (10 mi); West Baden Springs, IN (11 mi) (US Census Bureau).
What a personal loan costs in Orleans
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Indiana lending rules that apply in Orleans
The sourced rows below are the rules a licensed lender must follow when lending in Indiana, and therefore in Orleans.
| 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 Orleans
Here is a short checklist for comparing personal loans in Orleans:
- 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.