Personal loans in Salyersville, KY
Salyersville is a small community of about 1,525 residents, and a personal loan taken out here is governed by Kentucky statute.
When Kentucky caps or restricts a product, lenders either change the terms or withdraw it from Salyersville as from the rest of the state. With 1,525 residents, Salyersville outranks about 59% of the communities in Kentucky. Pull your credit reports and line up at least three offers before you apply from Salyersville. A 2020-to-2023 comparison shows Salyersville down by about 4.0%. The closest larger city is Paintsville, KY about 15 miles away.
Local context for Salyersville
Only a few things actually differ by place — population, area, location, and the Kentucky rules a lender must follow — and they are below.
- Population: 1,525 people, a figure that places Salyersville 172nd among the 416 Census places in Kentucky (US Census Bureau, Vintage 2023).
- Population trend: A decline of about 4.0% across the 2020-to-2023 comparison.
- Change in people: the 2020-to-2023 comparison is a loss of about 64 residents.
- Size percentile: Salyersville's 1,525 people outrank roughly 59% of the places in Kentucky.
- Density: the Census land area of 2.5 sq mi holds about 618 people per square mile.
- Land area rank: Salyersville's 2.5 square miles rank 146th of 416 places in Kentucky.
- Water area: Salyersville has 0.02 square miles of water, ranking 143rd of 416 places in Kentucky.
- State share: roughly 0.1% of Kentucky's residents live in Salyersville (1,525 people).
- National rank: Salyersville sits 8,635th by population among the 19,457 places in this dataset.
- Growth rank: Salyersville's 2020-to-2023 change ranks 388th of 416 places in Kentucky.
- Versus Kentucky: the state average change is -0.2%, while Salyersville moved 4.0%.
- Density in Kentucky: Salyersville ranks 309th by people per square mile.
- Against the state median: Salyersville runs about 618 residents per square mile, where the Kentucky median is 1,045.
- Location: 37.7419, -83.0636 (Census Gazetteer coordinates).
- Nearest larger cities: Paintsville (15 mi); West Liberty (16 mi); Prestonsburg (17 mi); Jackson (21 mi); Coal Run Village (31 mi). Living near a larger metro rarely changes what is available in Salyersville.
- Nearest smaller towns: Allen (20 mi); Martin (21 mi); Blaine (23 mi).
- Smaller neighbours: 28 places smaller than Salyersville sit within 50 miles.
- At 100 miles: 109 larger Census places fall inside that radius.
Land, water and location for Salyersville
Salyersville covers about 2.5 square miles of land, with 0.02 square miles of water inside its boundaries (Census Gazetteer). With 1,525 residents, the land area yields roughly 618 people per square mile. The largest place in Kentucky, Lexington-Fayette, lies about 79 miles away. A 50-mile radius around Salyersville takes in 19 places that are larger. Within the same 50 miles lie 28 smaller Census places.
Steps to take before a Salyersville loan
These steps shape the offer you get in Salyersville, a place of about 1,525 people:
- Start with the credit file: order the reports, fix the errors, then apply.
- Use the loan calculator to test the payment on your intended amount and term.
- Shop at least three lenders and judge them on APR and total cost.
- Confirm the Kentucky licence with the regulator named above before committing.
- Write down the purpose of the loan and your repayment plan before you apply.
- If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
- Read the disclosure for an origination fee and any prepayment penalty before signing.
None of these steps is Salyersville-specific: the same Kentucky licensing and disclosure rules reach all 1,525 residents.
Borrowing reach in Salyersville
With about 618 residents per square mile, Salyersville is moderately settled, and 19 larger Census places sit within 50 miles. Distance to a branch rarely matters for Salyersville's 1,525 residents: the application is online and the price follows your credit file. The nearest bigger place is Paintsville, KY about 15 miles away.
Kentucky rules behind a Salyersville personal loan
Read the table as a lender's compliance picture for Salyersville: the rule, the sourced figure, the publisher and the date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Kentucky Department of Financial Institutions (DFI) Source says: "The Department of Financial Institutions' mission is to serve Kentucky residents by promoting access to a stable financial industry, implementing effective and efficient regulatory oversight". | Kentucky Department of Financial Institutions as of 2026-09-16 |
| Consumer Loan Company license — statutory basis | License required from the commissioner to make loans at a greater rate of interest than otherwise permitted by law Source says: "No person shall, without first obtaining a license from the commissioner, engage in the business of making loans ... at a greater rate of interest". | Kentucky Legislative Research Commission (Kentucky Revised Statutes) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Up to 19% per annum, or 4% over the 90-day commercial-paper discount rate, whichever is less (by written agreement) Source says: "At a per annum rate not to exceed four percent (4%) in excess of the discount rate on ninety (90) day commercial paper ... or nineteen percent (19%), whichever is less". | Kentucky Legislative Research Commission (Kentucky Revised Statutes) as of 2026-09-16 |
Salyersville against the rest of Kentucky
Within Kentucky, Salyersville holds roughly 0.1% of all residents, the 172nd-largest share among 416 places. For population change between 2020 and 2023, Salyersville ranks 388th of 416 in Kentucky (about the 7th percentile). Its roughly 618 residents per square mile place it 309th among Kentucky's places. Within 50 miles sit 28 smaller Census places, alongside the 19 that are larger.
Common questions
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Does comparing loans in Salyersville cost me credit score points?
Nearby places
- Paintsville, KY — population 4,160
- West Liberty, KY — population 3,450
- Prestonsburg, KY — population 3,721
- Martin, KY — population 486
- Sandy Hook, KY — population 625
- Blaine, KY — population 68
- Allen, KY — population 177
- Jackson, KY — population 2,128