Personal loans in Hagerstown, IN
Hagerstown, Indiana — home to about 1,669 people — is a small community, so the terms you are offered follow Indiana law rather than any local rule. The trend for Hagerstown between 2020 and 2023 is downward by roughly 0.5%. Hagerstown ranks 231st of 565 places in Indiana, with a population near 1,669. Rate-shopping from Hagerstown costs nothing at pre-qualification, where a soft pull leaves your credit file alone. For the 1,669 people in Hagerstown, Indiana runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. The next larger city is Cambridge City, IN about 7 miles away.
Local context for Hagerstown
Hagerstown is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: 1,669 people, a figure that places Hagerstown 231st among the 565 Census places in Indiana (US Census Bureau, Vintage 2023).
- Population trend: About 0.5% below the 2020 Census base.
- Net change: roughly 8 fewer people than the 2020 Census counted.
- Size percentile: roughly 59% of Indiana's places have fewer residents than Hagerstown's 1,669.
- Land and density: 1.3 square miles of land carry roughly 1,266 residents per square mile.
- Land area: Hagerstown covers 1.3 square miles, the 239th-largest area among Indiana's 565 places.
- State population share: Hagerstown accounts for about 0.0% of everyone in Indiana.
- National standing: Hagerstown ranks 8,312th of 19,457 US places.
- Growth rank: Hagerstown's 2020-to-2023 change ranks 363rd of 565 places in Indiana.
- State comparison: Indiana's places average +1.0% for 2020-to-2023, against Hagerstown's 0.5%.
- Density rank: Hagerstown is the 319th most densely settled place in Indiana.
- Density in context: Hagerstown's 1,266 people per square mile sit against a Indiana median of 1,375.
- Location: it lies at 39.9146, -85.1543 in the Census Gazetteer.
- Nearest larger cities: Cambridge City (7 mi); Centerville (10 mi); New Castle (11 mi); Richmond (15 mi); Connersville (18 mi). For most borrowers the comparison happens online, not at a branch.
- Smaller towns nearby: Economy (6 mi); Greens Fork (6 mi); East Germantown (7 mi).
- Within a 50-mile radius: 104 smaller Census places.
- At 100 miles: 282 larger Census places fall inside that radius.
How personal loans work in Hagerstown
A Hagerstown personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 1,669 residents. Two numbers drive a Hagerstown loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Hagerstown loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
Getting a loan in Hagerstown
Hagerstown is a moderately settled community of about 1,669 people, with 67 larger places inside a 50-mile radius. What is available to Hagerstown's 1,669 borrowers is set by Indiana licensing and your own credit, not by how many branches are nearby. The nearest larger city, Cambridge City, IN about 7 miles away.
Indiana consumer-lending rules applied in Hagerstown
Below are the Indiana rules that apply to a loan made in Hagerstown, each with the regulator that issued it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
Hagerstown's place among Indiana's 565 places
Within Indiana, Hagerstown holds roughly 0.0% of all residents, the 231st-largest share among 565 places. For population change between 2020 and 2023, Hagerstown ranks 363rd of 565 in Indiana (about the 36th percentile). By density, at about 1,266 people per square mile, it ranks 319th in Indiana. The population moved by about 8 people between 2020 and 2023, a 0.5% shift.
Land, water and location for Hagerstown
Hagerstown's land area is roughly 1.3 square miles, and the Gazetteer records no significant water area within it. That land carries about 1,266 people per square mile. Fort Wayne, the largest place in Indiana, is about 81 miles from Hagerstown. Within 50 miles of Hagerstown there are 67 larger Census places. By land area it ranks 239th of 565 Indiana places.
Common questions
What are my options in Hagerstown if my credit is poor?
What loan size can I expect in Hagerstown?
Do I have to pledge anything to borrow in Hagerstown?
Does comparing loans in Hagerstown cost me credit score points?
Nearby places
- Economy, IN — population 145
- East Germantown, IN — population 262
- Cambridge City, IN — population 1,729
- Mount Auburn, IN — population 125
- Losantville, IN — population 217
- Dublin, IN — population 677
- Greens Fork, IN — population 328
- Mooreland, IN — population 338