Personal loans in Matamoras (New Matamoras), OH

With roughly 689 residents, Matamoras (New Matamoras) is a small community, and the lending rules its borrowers live under are written in Ohio, not by the city.

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.

By population, Matamoras (New Matamoras) sits at 601st in Ohio, with an estimated 689 residents. The nearest larger city is Sistersville, WV about 5 miles away. From the 2020 Census base to the 2023 estimate, the population declined by about 2.1%. A single loan can carry different costs on either side of a state line, and Matamoras (New Matamoras) sits on the Ohio side of that line. Decide the purpose of the loan and your repayment plan before sharing any details with a Matamoras (New Matamoras) lender.

Matamoras (New Matamoras) by the numbers

Only a few things actually differ by place — population, area, location, and the Ohio rules a lender must follow — and they are below.

Where Matamoras (New Matamoras) sits in Ohio

Matamoras (New Matamoras) is the 601st-largest of 924 Census places in Ohio and contains about 0.0% of the state's people. On the 2020-to-2023 trend, Matamoras (New Matamoras) stands 751st among Ohio's 924 places — roughly the 19th percentile. At about 1,980 people per square mile, Matamoras (New Matamoras) is the 214th most densely settled place in Ohio. By land area, its 0.3 square miles rank 751st of 924 places in Ohio.

What to do before borrowing in Matamoras (New Matamoras)

Complete these steps first when you borrow in Matamoras (New Matamoras) (689 residents):

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Confirm the Ohio licence with the regulator named above before committing.
  5. Look for an origination fee or prepayment penalty in the written disclosure.
  6. Make sure the new payment leaves room in a budget you already keep.
  7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

The process is identical across Ohio; what changes is your credit file, not the fact that Matamoras (New Matamoras) holds 689 people.

What a Matamoras (New Matamoras) borrower is actually offered

Matamoras (New Matamoras) is a small community of about 689 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. A lender serving Matamoras (New Matamoras)'s 689 residents must disclose the APR and finance charge in writing before you sign. Shortening the term on a Matamoras (New Matamoras) loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Which Ohio laws govern a loan in Matamoras (New Matamoras)

These are Ohio's sourced lending facts as they reach Matamoras (New Matamoras)'s 689 residents; the state has no city-level rate rule.

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

Matamoras (New Matamoras): area, density and distance

Matamoras (New Matamoras)'s land area is about 0.3 square miles; a further 0.04 square miles is water. That land carries about 1,980 people per square mile. Columbus, the largest place in Ohio, is about 107 miles from Matamoras (New Matamoras). Within 50 miles of Matamoras (New Matamoras) there are 54 larger Census places. Within the same 50 miles lie 64 smaller Census places.

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 Matamoras (New Matamoras) 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 Matamoras (New Matamoras) is the same as anywhere in Ohio.
What loan size can I expect in Matamoras (New Matamoras)?
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 Matamoras (New Matamoras)?
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 Matamoras (New Matamoras) 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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