Personal loans in Elmwood Place, OH

At about 2,055 residents, Elmwood Place is larger than roughly 57% of the places in Ohio. For a borrower among the roughly 2,055 residents of Elmwood Place, a personal loan is a tool whose cost turns on the terms, not the address.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Population in Elmwood Place dropped about 1.6% over the three years from 2020 to 2023. Begin with the payment, then weigh APR and total interest across the lenders that reach Elmwood Place's 2,055 residents. A lender that serves Elmwood Place operates under Ohio lending statutes and a Ohio supervisor. Borrowers who want a bigger city can look to St. Bernard, OH about 1 miles away.

Elmwood Place: population, trend and location

What follows is Elmwood Place's place in the Census record, alongside the Ohio rules that govern a personal loan made here.

What is available to Elmwood Place borrowers

Elmwood Place is a densely built community of about 2,055 people, with 113 larger places inside a 50-mile radius. A Ohio licence lets a lender serve Elmwood Place without a local office, so branch density does not change what its 2,055 residents are offered. The nearest larger city, St. Bernard, OH about 1 miles away.

Elmwood Place against the rest of Ohio

Set beside Ohio's 924 places, Elmwood Place ranks 394th by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Elmwood Place stands 635th among Ohio's 924 places — roughly the 31th percentile. At about 6,362 people per square mile, Elmwood Place is the 7th most densely settled place in Ohio. Within 50 miles sit 87 smaller Census places, alongside the 113 that are larger.

How Ohio law applies in Elmwood Place

The rows below set out what a licensed lender must follow in Ohio, and so for Elmwood Place's roughly 2,055 residents.

RuleDetailSource
State lending regulatorOhio 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
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 statusLegal 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

Land, water and location for Elmwood Place

The Census Gazetteer records about 0.3 square miles of land within Elmwood Place, with no significant water area listed. Spread across it are roughly 6,362 residents per square mile. Columbus, the largest place in Ohio, is about 97 miles from Elmwood Place. Within 50 miles of Elmwood Place there are 113 larger Census places. By land area it ranks 764th of 924 Ohio places.

How a Elmwood Place personal loan is priced

A Elmwood Place personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 2,055 residents. Two numbers drive a Elmwood Place loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Elmwood Place loan but raises total interest, so the smallest payment is not the cheapest loan.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Elmwood Place if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Elmwood Place is the same as anywhere in Ohio.
What loan size can I expect in Elmwood Place?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Elmwood Place?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Elmwood Place cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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