Personal loans in Loyall, KY
Two households in Loyall with comparable incomes can still be offered different rates; the city's 599 residents are not the reason. An estimated 599 people make their home in Loyall, a figure that ranks 276th in Kentucky.
Loyall lost roughly 6.3% of its population across the 2020-to-2023 comparison. For the 599 people in Loyall, Kentucky runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. Decide the purpose of the loan and your repayment plan before sharing any details with a Loyall lender. The closest larger city is Harlan, KY about 2 miles away.
Local context for Loyall
Only a few things actually differ by place — population, area, location, and the Kentucky rules a lender must follow — and they are below.
- Population: 599 residents; Loyall is the 276th-largest of 416 places in Kentucky (US Census Bureau, Vintage 2023).
- Population trend: Lower by roughly 6.3% since the 2020 count.
- Absolute change: 40 residents lost between 2020 and 2023.
- Size percentile: bigger than about 34% of the places in Kentucky, with 599 residents in Loyall.
- Population density: 2,031 people per square mile on 0.3 square miles of land.
- By land area: Loyall ranks 320th among Kentucky's 416 places, at 0.3 sq mi.
- Water: Loyall holds about 0.03 square miles, the 121st-largest water area in Kentucky.
- Share of state population: Loyall's 599 residents are about 0.0% of Kentucky.
- National rank: Loyall is the 12,440th most populous of the 19,457 Census places covered here.
- Growth in Kentucky: Loyall stands 408th by percentage change from 2020 to 2023, among 416 places.
- State comparison: Kentucky's places average -0.2% for 2020-to-2023, against Loyall's 6.3%.
- Density rank: Loyall places 103rd among Kentucky's places by people per square mile.
- Against the state median: Loyall runs about 2,031 residents per square mile, where the Kentucky median is 1,045.
- Location: mapped by the US Census Bureau at 36.8519, -83.3490.
- Nearest larger cities: Harlan (2 mi); Evarts (9 mi); Jonesville (17 mi); Pennington Gap (19 mi); Pineville (21 mi). For most borrowers the comparison happens online, not at a branch.
- Smaller communities close by: Hyden (21 mi); Benham (23 mi); Cumberland Gap (25 mi), each with its own Census population profile.
- Smaller places within 50 miles: 13 of them.
- At 100 miles: 163 larger Census places fall inside that radius.
What shapes a Loyall personal loan
Loyall is a small community of about 599 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Two numbers drive a Loyall loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Loyall loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
The Kentucky lending rules that reach Loyall
Every row below records a Kentucky rule, its publisher and its retrieval date — the same rules a Loyall lender must follow.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Kentucky Department of Financial Institutions (DFI) Source says: "The Department of Financial Institutions' mission is to serve Kentucky residents by promoting access to a stable financial industry, implementing effective and efficient regulatory oversight". | Kentucky Department of Financial Institutions as of 2026-09-16 |
| Payday lending status | Permitted under license (deferred deposit service business; payday loans) Source says: "The Kentucky Department of Financial Institutions (DFI) has secured the services of Veritec Solutions, LLC to provide a common database with real-time access for deferred deposit transactions". | Kentucky Department of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Loan Company license required (KRS Chapter 286.4) Source says: "How to License a Consumer Loan Company: 1. Read KRS 286.4 and the applicable administrative regulations under KAR 808, Chapter 6". | Kentucky Department of Financial Institutions as of 2026-09-16 |
Getting a loan in Loyall
Loyall is fairly dense, with about 2,031 people per square mile and 41 larger places within 50 miles. What is available to Loyall's 599 borrowers is set by Kentucky licensing and your own credit, not by how many branches are nearby. The nearest larger city, Harlan, KY about 2 miles away.
Where Loyall sits
Loyall's land area is about 0.3 square miles; a further 0.03 square miles is water. That land carries about 2,031 people per square mile. The state's population centre of gravity, Lexington-Fayette, is roughly 102 miles away. Counting outward 50 miles, 41 larger communities surround Loyall. By land area it ranks 320th of 416 Kentucky places.
Loyall against the rest of Kentucky
Set beside Kentucky's 416 places, Loyall ranks 276th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Loyall ranks 408th of 416 in Kentucky (about the 2th percentile). At about 2,031 people per square mile, Loyall is the 103rd most densely settled place in Kentucky. The population moved by about 40 people between 2020 and 2023, a 6.3% shift.
Common questions
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Nearby places
- Harlan, KY — population 1,854
- Evarts, KY — population 827
- Jonesville, VA — population 850
- Hyden, KY — population 286
- Pennington Gap, VA — population 1,577
- Sneedville, TN — population 1,349
- Pineville, KY — population 1,604
- Cumberland, KY — population 1,821