Personal loans in Sharpsville, IN

The 2020 count to the 2023 estimate shows about 2.0% decline in Sharpsville. Sharpsville counts about 543 people, and what is genuinely local about borrowing here is limited — Indiana law does the governing.

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.

With 543 residents, Sharpsville outranks about 29% of the communities in Indiana. The next larger city is Kokomo, IN about 6 miles away. State law, not city hall, decides what a lender may do to Sharpsville's roughly 543 residents, and a state regulator supervises it. Verify the lender's Indiana licence against the regulator named below before borrowing in Sharpsville.

Borrowing in Sharpsville: the local picture

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

Inside a Sharpsville personal loan

Most loans made to Sharpsville's 543 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Federal Truth in Lending rules require a Sharpsville lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Sharpsville loan is knowable in advance — unlike a revolving card balance.

Indiana rules behind a Sharpsville personal loan

When Indiana does not publish a figure, the row links to the source instead of inventing a number; Sharpsville is bound by the same rules.

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

How lenders reach Sharpsville

At roughly 2,361 people per square mile, Sharpsville is fairly dense; 109 larger places lie within 50 miles. Distance to a branch rarely matters for Sharpsville's 543 residents: the application is online and the price follows your credit file. The nearest bigger place is Kokomo, IN about 6 miles away.

Sharpsville against the rest of Indiana

Within Indiana, Sharpsville holds roughly 0.0% of all residents, the 401st-largest share among 565 places. On the 2020-to-2023 trend, Sharpsville stands 537th among Indiana's 565 places — roughly the 5th percentile. At about 2,361 people per square mile, Sharpsville is the 43rd most densely settled place in Indiana. Within 50 miles sit 44 smaller Census places, alongside the 109 that are larger.

Sharpsville on the map

Sharpsville's land area is roughly 0.2 square miles, and the Gazetteer records no significant water area within it. The resulting density is about 2,361 people per square mile. The largest place in Indiana, Fort Wayne, lies about 70 miles away. Sharpsville has 109 larger places within a 50-mile radius. The 100-mile radius contains 356 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 Sharpsville 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 Sharpsville is the same as anywhere in Indiana.
What loan size can I expect in Sharpsville?
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 Sharpsville?
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 Sharpsville 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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