Personal loans in Salem, SC

Salem is one of 271 Census places in South Carolina; its 123 residents put it at 254th. Work out your debt-to-income ratio first; lenders weigh it heavily, and Salem's 123 residents are no exception. Salem gained roughly 2.5% in population across the 2020-to-2023 comparison. A larger market lies at Walhalla, SC about 9 miles away.

Local context for Salem

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

• Population: 123 — Salem ranks 254th of 271 communities in South Carolina (US Census Bureau, Vintage 2023).
• Population trend: The 2020-to-2023 change is positive, near 2.5%.
• Net change: roughly 3 more people than the 2020 Census counted.
• Size percentile: bigger than about 6% of the places in South Carolina, with 123 residents in Salem.
• Density: the Census land area of 0.9 sq mi holds about 134 people per square mile.
• By land area: Salem ranks 228th among South Carolina's 271 places, at 0.9 sq mi.
• State population share: Salem accounts for about 0.0% of everyone in South Carolina.
• National rank: Salem is 17,736th of 19,457 places nationwide.
• Growth rank: Salem ranks 99th among South Carolina's 271 places for the 2020-to-2023 change.
• Against the state trend: Salem's 2.5% change compares with a South Carolina average of +2.6% across its 271 places.
• Density in South Carolina: Salem ranks 237th by people per square mile.
• Against the state median: Salem runs about 134 residents per square mile, where the South Carolina median is 584.
• Location: 34.8879, -82.9752 (Census Gazetteer coordinates).
• Nearest larger cities: Walhalla (9 mi); West Union (10 mi); Six Mile (11 mi); Seneca (14 mi); Pickens (15 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller communities within reach: Lake Santeetlah (60 mi); Fontana Dam (61 mi); Troy (73 mi).
• Within a 50-mile radius: 0 smaller Census places.
• Within 100 miles: 302 places are larger than Salem.

Salem's place among South Carolina's 271 places

Within South Carolina, Salem holds roughly 0.0% of all residents, the 254th-largest share among 271 places. On the 2020-to-2023 trend, Salem stands 99th among South Carolina's 271 places — roughly the 63th percentile. At about 134 people per square mile, Salem is the 237th most densely settled place in South Carolina. By land area, its 0.9 square miles rank 228th of 271 places in South Carolina.

Before you apply in Salem

These steps shape the offer you get in Salem, a place of about 123 people:

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Test your amount and term in the personal loan calculator first.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Look the lender up in the South Carolina regulator's licence records before you sign.
5. Read the disclosure for an origination fee and any prepayment penalty before signing.
6. Make sure the new payment leaves room in a budget you already keep.
7. Choose a term you can live with; stretching it lowers the payment but raises total interest.

What differs between Salem and the rest of South Carolina is not the process but the borrower's own file, among the 123 people here.

How a Salem personal loan is priced

In Salem, a small community of about 123, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Two numbers drive a Salem loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Salem loan but raises total interest, so the smallest payment is not the cheapest loan.

How South Carolina law applies in Salem

Read the table as a lender's compliance picture for Salem: the rule, the sourced figure, the publisher and the date.

Where Salem sits

The Census Gazetteer records about 0.9 square miles of land within Salem, with no significant water area listed. Spread across it are roughly 134 residents per square mile. The largest place in South Carolina, Charleston, lies about 223 miles away. Salem has 80 larger places within a 50-mile radius. The 100-mile radius contains 302 larger places.