Personal loans in Russellville, IN

The roughly 312 people who live in Russellville borrow under Indiana rules; city hall sets no personal-loan rate. A 2020-to-2023 comparison shows Russellville up by about 3.0%.

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.

Russellville is one of 565 Census places in Indiana; its 312 residents put it at 461st. Verify the lender's Indiana licence against the regulator named below before borrowing in Russellville. Lenders active in Russellville report to a Indiana supervisor, identified in the sourced rows below. The nearest larger metro is Waveland, IN about 4 miles away.

Local context for Russellville

Set out below is Russellville's local context next to the state-level rules that reach every lender here.

The Indiana lending rules that reach Russellville

Below are the Indiana rules that apply to a loan made in Russellville, each with the regulator that issued it.

RuleDetailSource
State lending regulatorIndiana 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
Maximum legal interest rate (usury cap)See the latest published figure
value_text left null: Indiana Code IC 24-4.5-3-508 sets tiered maximum loan finance charges for supervised loans; the official code site renders client-side and the figure could not be confirmed from a fetched page, so no figure is asserted.
Indiana General Assembly (Indiana Code)
as of 2026-09-16
Payday lending statusPermitted 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

What is available to Russellville borrowers

At roughly 1,552 people per square mile, Russellville is moderately settled; 107 larger places lie within 50 miles. A Indiana licence lets a lender serve Russellville without a local office, so branch density does not change what its 312 residents are offered. For a larger market, the closest option is Waveland, IN about 4 miles away.

How personal loans work in Russellville

In Russellville, a small community of about 312, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Russellville's 312 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Russellville loan is knowable in advance — unlike a revolving card balance.

Russellville in state context

Among Indiana's 565 places, Russellville sits at 461st for population, a share of roughly 0.0% of the state. Its 2020-to-2023 change ranks 56th of 565 Indiana places, putting it near the 90th percentile for growth. By density, at about 1,552 people per square mile, it ranks 227th in Indiana. Within 50 miles sit 30 smaller Census places, alongside the 107 that are larger.

Land, water and location for Russellville

Russellville covers about 0.2 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 1,552 people per square mile. For the state's biggest city, Fort Wayne, the distance is roughly 129 miles. Within 50 miles of Russellville there are 107 larger Census places. The 100-mile radius contains 380 larger places.

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 Russellville 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 Russellville is the same as anywhere in Indiana.
What loan size can I expect in Russellville?
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 Russellville?
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 Russellville 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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