Sycamore at a glance
- Population: roughly 772 people; 577th of 924 places in Ohio (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 795 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: a decline of roughly 2.9% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Ohio places: 577th-largest of 924 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 38% of places in Ohio rank below it by population (US Census Bureau).
- Coordinates: 40.9517, -83.1710 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Upper Sandusky, OH (10 mi); Bloomville, OH (11 mi); Carey, OH (11 mi); Tiffin, OH (11 mi); Bucyrus, OH (15 mi) (US Census Bureau).
- Smaller places close by: Nevada, OH (9 mi); New Riegel, OH (10 mi); Chatfield, OH (12 mi) (US Census Bureau).
What a personal loan costs in Sycamore
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
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 longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Ohio lending rules that apply in Sycamore
The table carries the Ohio rate and licensing rules that apply to consumer loans made in Sycamore.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Sycamore
Run through this list before signing anything in Sycamore:
- 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.