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%.
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.
- Population: a Census-estimated 312, 461st among Indiana's 565 places (Vintage 2023).
- Population trend: Higher by roughly 3.0% since the 2020 count.
- People gained or lost: about 9 more since the 2020 base.
- Size percentile: about 18% of Indiana communities are smaller than Russellville (312 residents).
- Density: roughly 1,552 residents per square mile, spread over 0.2 sq mi of land.
- By land area: Russellville ranks 500th among Indiana's 565 places, at 0.2 sq mi.
- State population share: Russellville accounts for about 0.0% of everyone in Indiana.
- National standing: Russellville ranks 14,990th of 19,457 US places.
- Growth rank: Russellville's 2020-to-2023 change ranks 56th of 565 places in Indiana.
- Against the state trend: Russellville's 3.0% change compares with a Indiana average of +1.0% across its 565 places.
- Density rank: Russellville places 227th among Indiana's places by people per square mile.
- Against the state median: Russellville runs about 1,552 residents per square mile, where the Indiana median is 1,375.
- Location: coordinates 39.8570, -86.9832 (US Census Bureau Gazetteer).
- Nearest larger cities: Waveland (4 mi); New Market (7 mi); Roachdale (10 mi); Ladoga (11 mi); Bainbridge (11 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
- Nearest smaller towns: Alamo (10 mi); Marshall (11 mi); Wallace (13 mi).
- Within a 50-mile radius: 30 smaller Census places.
- Larger places within 100 miles: 380.
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.
| 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 |
| 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 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 |
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.
Common questions
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Nearby places
- Waveland, IN — population 434
- New Market, IN — population 571
- Alamo, IN — population 66
- Roachdale, IN — population 861
- Ladoga, IN — population 1,092
- Bainbridge, IN — population 706
- Crawfordsville, IN — population 16,577
- Marshall, IN — population 275