Personal loans in Wadsworth, OH

Wadsworth is a smaller city of about 24,709 residents, and a personal loan taken out here is governed by Ohio statute. By population, Wadsworth sits at 64th in Ohio, with an estimated 24,709 residents.

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.

Census figures put the 2020-to-2023 increase in Wadsworth at about 2.9%. Every figure below is Ohio's own, applied to Wadsworth's 24,709 residents, with the publisher and retrieval date attached. Work out your debt-to-income ratio first; lenders weigh it heavily, and Wadsworth's 24,709 residents are no exception. For a bigger market, look to Medina, OH about 10 miles away.

Wadsworth by the numbers

Most of what governs a Wadsworth loan is written in Ohio law rather than in the city; the sourced notes below make that split concrete.

What Ohio law requires in Wadsworth

Below are the Ohio rules that apply to a loan made in Wadsworth, each with the regulator that issued it.

RuleDetailSource
State lending regulatorOhio Department of Commerce, Division of Financial Institutions (Consumer Finance Section).
Source says: "The Consumer Finance Section is responsible for regulating non-depository consumer lenders and related consumer finance businesses."
Ohio Department of Commerce - Division of Financial Institutions
as of 2026-09-16
Maximum legal interest rate (usury cap)8% per annum maximum by written agreement for the general case; higher rates permitted only in specified cases (e.g., principal over $100,000, business loans, certain mortgages).
Source says: "may stipulate therein for the payment of interest upon the amount thereof at any rate not exceeding eight per cent per annum payable annually" (Ohio Rev. Code 1343.01(A)). [codes.ohio.gov content retrieved via search-engine fetch of the official section; direct connections blocked from our network]
Ohio Laws (Ohio Revised Code - official state publication)
as of 2026-09-16
Payday lending statusLegal for licensed short-term lenders; interest capped at 28% per annum; total fees and charges capped at 60% of the originally contracted loan amount.
Source says: "(A) Interest not exceeding a rate of twenty-eight per cent per annum" (Ohio Rev. Code 1321.40); total fees/charges capped at "a total amount of fees and charges that exceeds sixty per cent of the originally contracted loan amount" (1321.403).
Ohio Laws (Ohio Revised Code - official state publication)
as of 2026-09-16

Wadsworth: area, density and distance

Wadsworth's land area is roughly 11.5 square miles, and the Gazetteer records no significant water area within it. With 24,709 residents, the land area yields roughly 2,156 people per square mile. For the state's biggest city, Columbus, the distance is roughly 98 miles. Wadsworth has 28 larger places within a 50-mile radius. Within the same 50 miles lie 196 smaller Census places.

What shapes a Wadsworth personal loan

With roughly 24,709 residents, Wadsworth is a smaller city; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Wadsworth. Shortening the term on a Wadsworth loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

How lenders reach Wadsworth

Wadsworth is fairly dense, with about 2,156 people per square mile and 28 larger places within 50 miles. What is available to Wadsworth's 24,709 borrowers is set by Ohio licensing and your own credit, not by how many branches are nearby. The nearest larger city, Medina, OH about 10 miles away.

How Wadsworth compares across Ohio

Set beside Ohio's 924 places, Wadsworth ranks 64th by population and holds about 0.3% of the state total. Its 2020-to-2023 change ranks 58th of 924 Ohio places, putting it near the 94th percentile for growth. By density, at about 2,156 people per square mile, it ranks 164th in Ohio. In land area, Wadsworth ranks 82nd among Ohio's 924 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 Wadsworth 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 Wadsworth is the same as anywhere in Ohio.
What loan size can I expect in Wadsworth?
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 Wadsworth?
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 Wadsworth 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.

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