Personal loans in Solon, OH

State law, not city hall, decides what a lender may do to Solon's roughly 23,702 residents, and a state regulator supervises it. With an estimated 23,702 residents, Solon is the 71st-largest of 924 places in Ohio. Use the calculator on this page to price an amount and term before you commit in Solon. The trend for Solon between 2020 and 2023 is downward by roughly 2.3%. The nearest larger metro is Shaker Heights, OH about 8 miles away.

Solon: the sourced local profile

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

• Population: 23,702 — Solon ranks 71st of 924 communities in Ohio (US Census Bureau, Vintage 2023).
• Population trend: Lower by roughly 2.3% since the 2020 count.
• Absolute change: 555 residents lost between 2020 and 2023.
• Size percentile: bigger than about 92% of the places in Ohio, with 23,702 residents in Solon.
• Population density: 1,167 people per square mile on 20.3 square miles of land.
• Land area rank: Solon's 20.3 square miles rank 37th of 924 places in Ohio.
• Water area rank: Solon ranks 125th among Ohio's 924 places, with 0.11 sq mi.
• State share: roughly 0.3% of Ohio's residents live in Solon (23,702 people).
• Nationally: Solon is the 1,648th-largest of 19,457 Census places in the dataset.
• Growth in Ohio: Solon stands 779th by percentage change from 2020 to 2023, among 924 places.
• Against the state trend: Solon's 2.3% change compares with a Ohio average of +0.9% across its 924 places.
• Density rank: Solon places 528th among Ohio's places by people per square mile.
• Density vs Ohio: Solon's 1,167 people per square mile compare with a state median of 1,289.
• Location: coordinates 41.3860, -81.4408 (US Census Bureau Gazetteer).
• Nearest larger cities: Shaker Heights (8 mi); Garfield Heights (9 mi); Cleveland Heights (11 mi); Cleveland (14 mi); Stow (14 mi). Lenders licensed in the state serve Solon whether or not they keep a local branch.
• Nearest smaller towns: Bentleyville (2 mi); Glenwillow (2 mi); Bedford Heights (3 mi).
• Smaller neighbours: 160 places smaller than Solon sit within 50 miles.
• At 100 miles: 36 larger Census places fall inside that radius.

How personal loans work in Solon

With roughly 23,702 residents, Solon is a smaller city; its personal loans are typically unsecured, priced from your credit rather than the city's size. Two numbers drive a Solon 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 Solon loan but raises total interest, so the smallest payment is not the cheapest loan.

The state rulebook for Solon

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

Solon: area, density and distance

Solon covers about 20.3 square miles of land, with 0.11 square miles of water inside its boundaries (Census Gazetteer). That land carries about 1,167 people per square mile. The largest place in Ohio, Columbus, lies about 126 miles away. Solon has 32 larger places within a 50-mile radius. The 100-mile radius contains 36 larger places.

Solon in state context

Against Ohio's other places, Solon accounts for about 0.3% of the state's population and ranks 71st of 924 by size. For population change between 2020 and 2023, Solon ranks 779th of 924 in Ohio (about the 16th percentile). By density, at about 1,167 people per square mile, it ranks 528th in Ohio. Between 2020 and 2023 the count changed by roughly 555 residents.

The Solon borrowing checklist

Before you apply in Solon, a community of about 23,702, work through these steps:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Shop at least three lenders and judge them on APR and total cost.
4. Verify the lender's Ohio licence with the regulator listed on this page.
5. Decide the purpose and how you will repay it before approaching any lender.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Look for an origination fee or prepayment penalty in the written disclosure.

What differs between Solon and the rest of Ohio is not the process but the borrower's own file, among the 23,702 people here.