Personal loans in Medora, IN
If you are weighing a personal loan in Medora, start from the payment you can carry; its 631 residents face the same statewide rules. By population, Medora sits at 376th in Indiana, with an estimated 631 residents.
The closest larger city is Brownstown, IN about 8 miles away. Medora shed about 1.3% of its population between the 2020 base and the 2023 estimate. State law, not city hall, decides what a lender may do to Medora's roughly 631 residents, and a state regulator supervises it. Rate-shopping from Medora costs nothing at pre-qualification, where a soft pull leaves your credit file alone.
Borrowing in Medora: the local picture
What follows is Medora's place in the Census record, alongside the Indiana rules that govern a personal loan made here.
- Population: 631 people, a figure that places Medora 376th among the 565 Census places in Indiana (US Census Bureau, Vintage 2023).
- Population trend: A decline of about 1.3% across the 2020-to-2023 comparison.
- Absolute change: 8 residents lost between 2020 and 2023.
- Size percentile: bigger than about 33% of the places in Indiana, with 631 residents in Medora.
- Density: roughly 2,076 residents per square mile, spread over 0.3 sq mi of land.
- Land area: Medora covers 0.3 square miles, the 453rd-largest area among Indiana's 565 places.
- State share: roughly 0.0% of Indiana's residents live in Medora (631 people).
- Nationally: Medora is the 12,226th-largest of 19,457 Census places in the dataset.
- Growth in Indiana: Medora stands 478th by percentage change from 2020 to 2023, among 565 places.
- State comparison: Indiana's places average +1.0% for 2020-to-2023, against Medora's 1.3%.
- Density in Indiana: Medora ranks 89th by people per square mile.
- Against the state median: Medora runs about 2,076 residents per square mile, where the Indiana median is 1,375.
- Location: coordinates 38.8246, -86.1711 (US Census Bureau Gazetteer).
- Nearest larger cities: Brownstown (8 mi); Salem (16 mi); Bedford (17 mi); Seymour (17 mi); Mitchell (17 mi). Living near a larger metro rarely changes what is available in Medora.
- Smaller communities close by: Campbellsburg (13 mi); Saltillo (13 mi); Little York (17 mi), each with its own Census population profile.
- Within a 50-mile radius: 61 smaller Census places.
- Within 100 miles: 361 places are larger than Medora.
Lender access in Medora
Medora is fairly dense, with about 2,076 people per square mile and 79 larger places within 50 miles. A Indiana licence lets a lender serve Medora without a local office, so branch density does not change what its 631 residents are offered. The nearest bigger place is Brownstown, IN about 8 miles away.
The anatomy of a Medora personal loan
In Medora, a small community of about 631, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Medora lender to disclose the APR and finance charge before you sign. The term you choose in Medora decides the split between a comfortable payment and the total interest you pay.
How Medora compares across Indiana
Against Indiana's other places, Medora accounts for about 0.0% of the state's population and ranks 376th of 565 by size. On the 2020-to-2023 trend, Medora stands 478th among Indiana's 565 places — roughly the 15th percentile. Its roughly 2,076 residents per square mile place it 89th among Indiana's places. Within 50 miles sit 61 smaller Census places, alongside the 79 that are larger.
Which Indiana laws govern a loan in Medora
Indiana has no separate rate rule for Medora; the sourced rows below are what reach every lender that serves its 631 people.
| 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 |
| 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 |
| Small-loan / installment lender licensing | Small Loan License required (IUCCC; separate Consumer Loan License for IC 24-4.5-3 loans) Source says: "unless a person is a supervised financial organization or has first obtained a small loan license from the Department of Financial Institutions (DFI)". | Indiana Department of Financial Institutions as of 2026-09-16 |
Medora: area, density and distance
The Census Gazetteer records about 0.3 square miles of land within Medora, with no significant water area listed. Spread across it are roughly 2,076 residents per square mile. The largest place in Indiana, Fort Wayne, lies about 166 miles away. A 50-mile radius around Medora takes in 79 places that are larger. By land area it ranks 453rd of 565 Indiana places.
Common questions
What are my options in Medora if my credit is poor?
What loan size can I expect in Medora?
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Nearby places
- Brownstown, IN — population 3,013
- Campbellsburg, IN — population 536
- Saltillo, IN — population 98
- Salem, IN — population 6,437
- Livonia, IN — population 98
- Little York, IN — population 188
- Seymour, IN — population 21,666
- Mitchell, IN — population 3,942