Wilkinson at a glance
- Population: the Census estimates 409 residents, ranking 438th of 565 places in Indiana (Vintage 2023).
- 2020 Census base: 422 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population fell about 3.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Indiana places: 438th of 565 by population (US Census Bureau, Vintage 2023).
- Size percentile: larger than about 22% of the Census places in Indiana (US Census Bureau).
- Coordinates: it sits at 39.8854, -85.6081 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Shirley, IN (2 mi); Kennard, IN (5 mi); Markleville, IN (6 mi); Knightstown, IN (7 mi); Spiceland, IN (10 mi) (US Census Bureau populations).
- Smaller towns nearby: Greensboro, IN (8 mi); Cadiz, IN (8 mi); Dunreith, IN (11 mi) (US Census Bureau).
What a personal loan costs in Wilkinson
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Wilkinson
The table lists the Indiana rules that apply to a loan made in Wilkinson, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Wilkinson
The steps below are worth completing first when you borrow in Wilkinson:
- 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.