Seaford at a glance
- Population: 8,735 — 7th in Delaware, which has 57 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 7,946 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: roughly 9.9% higher than at the 2020 Census (US Census Bureau).
- Rank among Delaware places: 7th of 57 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 88% of places in Delaware rank below it by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 38.6573, -75.6134.
- Nearest larger cities: Salisbury, MD (20 mi); Milford, DE (20 mi); Easton, MD (26 mi); Cambridge, MD (26 mi); Dover, DE (35 mi) (Census populations, approximate straight-line distance).
- Smaller places close by: Blades, DE (2 mi); Bridgeville, DE (5 mi); Bethel, DE (6 mi) (US Census Bureau).
What a personal loan costs in Seaford
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Delaware lending rules that apply in Seaford
The sourced rows below are the rules a licensed lender must follow when lending in Delaware, and therefore in Seaford.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Permitted as 'short-term consumer loans' (≤$1,000, stated term under 60 days); max 5 per borrower per 12 months; max 4 rollovers Source says: "a short-term consumer loan that would cause the borrower to have more than 5 short-term consumer loans from all licensees in any 12-month period"; "No licensee shall make more than 4 rollovers of an existing short-term consumer loan". | Delaware General Assembly — 5 Del. C. §§ 2227, 2235A as of 2026-09-16 |
| Small-loan / installment lender licensing | Licensed lender license required from the State Bank Commissioner; making more than 5 loans in any 12-month period is deemed 'transacting the business of lending' Source says: "Every person desiring to transact the business of lending money in this State shall be required to obtain a license under this chapter". | Delaware General Assembly — 5 Del. C. § 2202 as of 2026-09-16 |
| State lending regulator | Delaware Office of the State Bank Commissioner (OSBC) Source says: "The Office of the State Bank Commissioner is responsible for regulating and examining State-chartered banks and trust companies and licensed financial services businesses". | Delaware Office of the State Bank Commissioner as of 2026-09-16 |
| Title loans (5 Del. C. ch. 22, subch. V) | Title loans permitted: secured by motor vehicle title, original repayment period of 180 days or less; borrower has a right to rescind until the end of the next business day Source says: "“Title loan” means a loan made to one or more natural persons by a licensee and secured by the title to a motor vehicle". | Delaware General Assembly — 5 Del. C. § 2250 as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 5% over the Federal Reserve discount rate; no rate limit for loans over $100,000 (licensed lenders may set rates by agreement under 5 Del. C. § 2229) Source says: "interest at any rate agreed upon in writing not in excess of 5% over the Federal Reserve discount rate"; "there shall be no limitation on the rate of interest which may be legally charged for the loan or use of money". | Delaware General Assembly — 6 Del. C. § 2301 as of 2026-09-16 |
How to compare offers in Seaford
A few practical steps will make the process in Seaford 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 Delaware using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.