Personal loans in Shady Cove, OR

The first question in Shady Cove is not the rate on offer but whether the payment fits; about 3,064 people live here under Oregon lending law. A single loan can carry different costs on either side of a state line, and Shady Cove sits on the Oregon side of that line. Compare APR, not the interest rate, because the APR folds in most fees on a Shady Cove loan. Borrowers who want a bigger city can look to Eagle Point, OR about 10 miles away.

Shady Cove: population, trend and location

Here is the sourced Census picture for Shady Cove, plus the Oregon lending rules that apply to a loan taken out here.

• Population: 3,064 — Shady Cove ranks 100th of 240 communities in Oregon (US Census Bureau, Vintage 2023).
• Population trend: A loss of roughly 0.7% between 2020 and 2023.
• Change in people: the 2020-to-2023 comparison is a loss of about 22 residents.
• Size percentile: bigger than about 58% of the places in Oregon, with 3,064 residents in Shady Cove.
• Land and density: 1.9 square miles of land carry roughly 1,575 residents per square mile.
• By land area: Shady Cove ranks 101st among Oregon's 240 places, at 1.9 sq mi.
• Water: Shady Cove holds about 0.10 square miles, the 54th-largest water area in Oregon.
• State population share: Shady Cove accounts for about 0.1% of everyone in Oregon.
• National rank: Shady Cove sits 6,212th by population among the 19,457 places in this dataset.
• Growth in Oregon: Shady Cove stands 158th by percentage change from 2020 to 2023, among 240 places.
• Against the state trend: Shady Cove's 0.7% change compares with a Oregon average of +0.7% across its 240 places.
• Density in Oregon: Shady Cove ranks 120th by people per square mile.
• Against the state median: Shady Cove runs about 1,575 residents per square mile, where the Oregon median is 1,575.
• Location: 42.6053, -122.8194 (Census Gazetteer coordinates).
• Nearest larger cities: Eagle Point (10 mi); Central Point (16 mi); Medford (19 mi); Phoenix (23 mi); Talent (25 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller places nearby: Butte Falls (13 mi); Gold Hill (17 mi); Rogue River (21 mi).
• Smaller places within 50 miles: 8 of them.
• Within 100 miles: 24 places are larger than Shady Cove.

Borrowing reach in Shady Cove

With about 1,575 residents per square mile, Shady Cove is moderately settled, and 9 larger Census places sit within 50 miles. Lenders licensed in Oregon reach Shady Cove's 3,064 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Eagle Point, OR about 10 miles away.

The anatomy of a Shady Cove personal loan

With roughly 3,064 residents, Shady Cove is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Shady Cove's rank of 100th in Oregon: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Shady Cove decides the split between a comfortable payment and the total interest you pay.

What Oregon law requires in Shady Cove

This table holds the Oregon rate and licensing rules for consumer loans made to Shady Cove's 3,064 residents.

Where Shady Cove sits

Inside Shady Cove's boundaries lie roughly 1.9 square miles of land and 0.10 square miles of water. The resulting density is about 1,575 people per square mile. The state's population centre of gravity, Portland, is roughly 203 miles away. Shady Cove has 9 larger places within a 50-mile radius. Within the same 50 miles lie 8 smaller Census places.

A pre-application checklist for Shady Cove

Before you hand your details to a lender in Shady Cove, where the population is near 3,064:

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. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Look the lender up in the Oregon regulator's licence records before you sign.
5. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
6. Look for an origination fee or prepayment penalty in the written disclosure.
7. Check that the monthly payment fits your budget next to your existing obligations.

In Shady Cove as elsewhere in Oregon, the written terms — not the advertisement — are what count for its 3,064 residents.