Personal loans in Lagro, IN
With roughly 346 residents, Lagro is a small community, and the lending rules its borrowers live under are written in Indiana, not by the city. Census figures put the 2020-to-2023 decrease in Lagro at about 0.9%.
Lagro is one of 565 Census places in Indiana; its 346 residents put it at 448th. Verify the lender's Indiana licence against the regulator named below before borrowing in Lagro. A single loan can carry different costs on either side of a state line, and Lagro sits on the Indiana side of that line. The closest larger city is Wabash, IN about 6 miles away.
Where Lagro stands
Lagro is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: about 346 people live here, which puts Lagro 448th of 565 Census places in Indiana (Vintage 2023).
- Population trend: A drop of about 0.9% from 2020 to 2023.
- Change in people: the 2020-to-2023 comparison is a loss of about 3 residents.
- Size percentile: Lagro sits ahead of around 21% of Indiana places, at 346 people.
- Density: the Census land area of 0.6 sq mi holds about 583 people per square mile.
- Land area rank: Lagro's 0.6 square miles rank 362nd of 565 places in Indiana.
- Water: Lagro holds about 0.01 square miles, the 158th-largest water area in Indiana.
- State population share: Lagro accounts for about 0.0% of everyone in Indiana.
- National rank: Lagro sits 14,631st by population among the 19,457 places in this dataset.
- Growth rank: Lagro's 2020-to-2023 change ranks 421st of 565 places in Indiana.
- Versus Indiana: the state average change is +1.0%, while Lagro moved 0.9%.
- Density rank: Lagro is the 508th most densely settled place in Indiana.
- Against the state median: Lagro runs about 583 residents per square mile, where the Indiana median is 1,375.
- Location: latitude 40.8417, longitude -85.7279 (Census Gazetteer).
- Nearest larger cities: Wabash (6 mi); Andrews (7 mi); Roann (11 mi); North Manchester (12 mi); La Fontaine (12 mi). Online lenders reach Lagro no matter how far the nearest branch is.
- Smaller places nearby: Mount Etna (11 mi); Sidney (18 mi); Amboy (20 mi).
- Within a 50-mile radius: 20 smaller Census places.
- Within 100 miles: 447 places are larger than Lagro.
The geography behind Lagro
Lagro covers about 0.6 square miles of land, with 0.01 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 583 residents per square mile. The largest place in Indiana, Fort Wayne, lies about 35 miles away. A 50-mile radius around Lagro takes in 103 places that are larger. The 100-mile radius contains 447 larger places.
A pre-application checklist for Lagro
Complete these steps first when you borrow in Lagro (346 residents):
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Run the numbers on the personal loan calculator so you know the payment before you apply.
- Get several pre-qualifications and compare APR side by side before choosing.
- Verify the lender's Indiana licence with the regulator listed on this page.
- Check the disclosure for fees that raise the true cost above the quoted rate.
- Check that the monthly payment fits your budget next to your existing obligations.
- Weigh a shorter term's higher payment against the interest it saves.
What differs between Lagro and the rest of Indiana is not the process but the borrower's own file, among the 346 people here.
Lagro in state context
Against Indiana's other places, Lagro accounts for about 0.0% of the state's population and ranks 448th of 565 by size. Its 2020-to-2023 change ranks 421st of 565 Indiana places, putting it near the 25th percentile for growth. By density, at about 583 people per square mile, it ranks 508th in Indiana. By land area, its 0.6 square miles rank 362nd of 565 places in Indiana.
The Indiana lending rules that reach Lagro
These are Indiana's sourced lending facts as they reach Lagro's 346 residents; the state has no city-level rate rule.
| 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 |
| 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 |
Inside a Lagro personal loan
A Lagro personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 346 residents. Federal Truth in Lending rules require a Lagro lender to disclose the APR and finance charge before you sign. The term you choose in Lagro decides the split between a comfortable payment and the total interest you pay.
Common questions
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Nearby places
- Wabash, IN — population 10,269
- Andrews, IN — population 1,051
- La Fontaine, IN — population 795
- North Manchester, IN — population 5,225
- Mount Etna, IN — population 112
- Roann, IN — population 435
- Huntington, IN — population 16,992
- South Whitley, IN — population 1,818