Personal loans in Meyersdale, PA

Meyersdale shed about 2.7% of its population between the 2020 base and the 2023 estimate. With an estimated 2,016 residents, Meyersdale is the 425th-largest of 1,013 places in Pennsylvania. Meyersdale is a small community of about 2,016 residents, and a personal loan taken out here is governed by Pennsylvania statute. Compare APR, not the interest rate, because the APR folds in most fees on a Meyersdale loan. When Pennsylvania caps or restricts a product, lenders either change the terms or withdraw it from Meyersdale as from the rest of the state. The nearest larger city is Frostburg, MD about 12 miles away.

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.

Meyersdale by the numbers

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

Meyersdale in state context

Set beside Pennsylvania's 1,013 places, Meyersdale ranks 425th by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 850th of 1,013 Pennsylvania places, putting it near the 16th percentile for growth. At about 2,471 people per square mile, Meyersdale is the 411th most densely settled place in Pennsylvania. Within 50 miles sit 121 smaller Census places, alongside the 31 that are larger.

Pennsylvania consumer-lending rules applied in Meyersdale

This table holds the Pennsylvania rate and licensing rules for consumer loans made to Meyersdale's 2,016 residents.

RuleDetailSource
State lending regulatorPennsylvania Department of Banking and Securities (DoBS)
Source says: "The Department of Banking and Securities regulates financial services in Pennsylvania."
Pennsylvania Department of Banking and Securities
as of 2026-09-16
Payday lending statusNo separate payday-lending license; non-bank lenders are limited to 6% (unlicensed) or up to 24% (CDCA-licensed), so high-cost payday loans are not permitted.
Source says: "if a lender is licensed by the Department in accord with the CDCA, it can charge between 6-24% on loans under $25,000" (DoBS interpretive letter, May 11, 2023).
Pennsylvania Department of Banking and Securities
as of 2026-09-16
Small-loan / installment lender licensingConsumer Discount Company Act license required for non-mortgage consumer loans above 6%; licensed lenders may charge up to 24% on loans of $25,000 or less.
Source says: "A consumer discount company is a business corporation that negotiates or makes non-mortgage loans or advances of money on credit."
Pennsylvania Department of Banking and Securities
as of 2026-09-16

The geography behind Meyersdale

Meyersdale's land area is roughly 0.8 square miles, and the Gazetteer records no significant water area within it. With 2,016 residents, the land area yields roughly 2,471 people per square mile. The largest place in Pennsylvania, Philadelphia, lies about 207 miles away. A 50-mile radius around Meyersdale takes in 31 places that are larger. By land area it ranks 531st of 1,013 Pennsylvania places.

A practical checklist for Meyersdale borrowers

For Meyersdale's roughly 2,016 residents, these are the steps that most influence the offer:

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Price the payment first with our personal loan calculator before any lender quotes you.
  3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
  4. Confirm the Pennsylvania licence with the regulator named above before committing.
  5. Make sure the new payment leaves room in a budget you already keep.
  6. Weigh a shorter term's higher payment against the interest it saves.
  7. Do not borrow more than the expense calls for, even if a lender approves a larger amount.

The process is identical across Pennsylvania; what changes is your credit file, not the fact that Meyersdale holds 2,016 people.

What a Meyersdale borrower is actually offered

In Meyersdale, a small community of about 2,016, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Meyersdale can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Meyersdale loan is knowable in advance — unlike a revolving card balance.

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 Meyersdale 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 Meyersdale is the same as anywhere in Pennsylvania.
What loan size can I expect in Meyersdale?
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 Meyersdale?
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 Meyersdale 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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