Town of Pines at a glance
- Population: a Census-estimated 594, placing it 384th among Indiana's 565 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 595 (US Census Bureau).
- 2020 to 2023 change: roughly 0.2% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Indiana places: 384th by size among 565 communities (US Census Bureau).
- Size percentile: about 32% of Indiana's Census places are smaller (US Census Bureau).
- Coordinates: 41.6882, -86.9518 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Beverly Shores, IN (1 mi); Michigan City, IN (5 mi); Trail Creek, IN (5 mi); Long Beach, IN (7 mi); Porter, IN (8 mi) (US Census Bureau).
- Nearest smaller towns: Pottawattamie Park, IN (5 mi); Dune Acres, IN (8 mi); Michiana Shores, IN (8 mi) (US Census Bureau).
What a personal loan costs in Town of Pines
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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.
Indiana lending rules that apply in Town of Pines
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Town of Pines
Before you share your details with a lender in Town of Pines:
- 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.