Personal loans in Mendon, OH

If you are weighing a personal loan in Mendon, start from the payment you can carry; its 612 residents face the same statewide rules. The Census estimates 612 residents in Mendon, which ranks it 624th of 924 places in Ohio.

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

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.

The next larger city is Rockford, OH about 7 miles away. Census figures put the 2020-to-2023 decrease in Mendon at about 2.5%. Every figure below is Ohio's own, applied to Mendon's 612 residents, with the publisher and retrieval date attached. Decide the purpose of the loan and your repayment plan before sharing any details with a Mendon lender.

Mendon by the numbers

Mendon is a small community; the notes below cover its population profile and the statewide rules that apply.

Mendon's place among Ohio's 924 places

Within Ohio, Mendon holds roughly 0.0% of all residents, the 624th-largest share among 924 places. For population change between 2020 and 2023, Mendon ranks 822nd of 924 in Ohio (about the 11th percentile). At about 1,123 people per square mile, Mendon is the 546th most densely settled place in Ohio. By land area, its 0.5 square miles rank 668th of 924 places in Ohio.

What Ohio law requires in Mendon

Ohio has no separate rate rule for Mendon; the sourced rows below are what reach every lender that serves its 612 people.

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

What a Mendon borrower is actually offered

In Mendon, a small community of about 612, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Mendon's rank of 624th in Ohio: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Mendon loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Land, water and location for Mendon

Mendon's land area is about 0.5 square miles; a further 0.01 square miles is water. Spread across it are roughly 1,123 residents per square mile. For the state's biggest city, Columbus, the distance is roughly 94 miles. Mendon has 95 larger places within a 50-mile radius. Within the same 50 miles lie 67 smaller Census places.

Lender access in Mendon

With about 1,123 residents per square mile, Mendon is moderately settled, and 95 larger Census places sit within 50 miles. What is available to Mendon's 612 borrowers is set by Ohio licensing and your own credit, not by how many branches are nearby. The nearest larger city, Rockford, OH about 7 miles away.

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 Mendon 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 Mendon is the same as anywhere in Ohio.
What loan size can I expect in Mendon?
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 Mendon?
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 Mendon 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

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