Personal loans in Mayfield Heights, OH

Mayfield Heights shed about 2.7% of its population between the 2020 base and the 2023 estimate. About 19,793 people live in Mayfield Heights, placing it 87th of 924 Census places in Ohio.

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

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With roughly 19,793 residents, Mayfield Heights is a small town, and the lending rules its borrowers live under are written in Ohio, not by the city. Judge Mayfield Heights offers on total cost, not on how quickly the money arrives. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Mayfield Heights's 19,793 residents. The next larger city is South Euclid, OH about 4 miles away.

What the Census records for Mayfield Heights

Read the local figures below as context; read the sourced Ohio table as the rulebook a lender here must follow.

Population: 19,793 residents; Mayfield Heights is the 87th-largest of 924 places in Ohio (US Census Bureau, Vintage 2023).
Population trend: A loss of roughly 2.7% between 2020 and 2023.
Change in people: the 2020-to-2023 comparison is a loss of about 554 residents.
Size percentile: about 91% of Ohio communities are smaller than Mayfield Heights (19,793 residents).
Population density: 4,748 people per square mile on 4.2 square miles of land.
Land area: Mayfield Heights covers 4.2 square miles, the 239th-largest area among Ohio's 924 places.
Share of Ohio: Mayfield Heights holds about 0.3% of the state's population, some 19,793 people.
National standing: Mayfield Heights ranks 1,897th of 19,457 US places.
Growth rank: Mayfield Heights ranks 849th among Ohio's 924 places for the 2020-to-2023 change.
Versus Ohio: the state average change is +0.9%, while Mayfield Heights moved 2.7%.
Density rank: Mayfield Heights is the 15th most densely settled place in Ohio.
Density in context: Mayfield Heights's 4,748 people per square mile sit against a Ohio median of 1,289.
Location: the Census Gazetteer records it at 41.5173, -81.4539.
Nearest larger cities: South Euclid (4 mi); Cleveland Heights (6 mi); Shaker Heights (6 mi); Euclid (6 mi); Willoughby (9 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
Nearest smaller towns: Lyndhurst (2 mi); Mayfield (2 mi); Gates Mills (2 mi) — useful context for the surrounding area.
Within a 50-mile radius: 135 smaller Census places.
At 100 miles: 46 larger Census places fall inside that radius.

What a Mayfield Heights borrower is actually offered

In Mayfield Heights, a small town of about 19,793, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Two numbers drive a Mayfield Heights loan: the APR, which includes fees, and the term, which decides how long you keep paying. The term you choose in Mayfield Heights decides the split between a comfortable payment and the total interest you pay.

Which Ohio laws govern a loan in Mayfield Heights

Below are the Ohio rules that apply to a loan made in Mayfield Heights, each with the regulator that issued it.

Rule	Detail	Source
State lending regulator	Ohio 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 status	Legal 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

Mayfield Heights against the rest of Ohio

Mayfield Heights is the 87th-largest of 924 Census places in Ohio and contains about 0.3% of the state's people. For population change between 2020 and 2023, Mayfield Heights ranks 849th of 924 in Ohio (about the 8th percentile). By density, at about 4,748 people per square mile, it ranks 15th in Ohio. Within 50 miles sit 135 smaller Census places, alongside the 37 that are larger.

How lenders reach Mayfield Heights

With about 4,748 residents per square mile, Mayfield Heights is fairly dense, and 37 larger Census places sit within 50 miles. Whether Mayfield Heights has a local branch or not, a Ohio-licensed lender can serve its 19,793 people online on the same terms. The nearest bigger place is South Euclid, OH about 4 miles away.

A practical checklist for Mayfield Heights borrowers

For Mayfield Heights's roughly 19,793 residents, these are the steps that most influence the offer:

Get your credit reports, dispute what is wrong, and only then start shopping.
Model the payment on the calculator before a lender models it for you.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Look the lender up in the Ohio regulator's licence records before you sign.
Be clear on what the loan is for and how it gets repaid.
If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
Look for an origination fee or prepayment penalty in the written disclosure.

In Mayfield Heights as elsewhere in Ohio, the written terms — not the advertisement — are what count for its 19,793 residents.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Mayfield Heights 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 Mayfield Heights is the same as anywhere in Ohio.

What loan size can I expect in Mayfield Heights?

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 Mayfield Heights?

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 Mayfield Heights 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.

Nearby places

Mayfield, OH — population 3,300
Highland Heights, OH — population 8,537
Pepper Pike, OH — population 6,823
Lyndhurst, OH — population 13,641
Gates Mills, OH — population 2,227
Hunting Valley, OH — population 771
Woodmere, OH — population 638
Beachwood, OH — population 13,734