Personal loans in Waterville, ME

The trend for Waterville between 2020 and 2023 is upward by roughly 0.8%. Read the disclosure for an origination fee and any prepayment penalty before signing in Waterville. For a bigger market, look to Augusta, ME about 15 miles away. State law, not city hall, decides what a lender may do to Waterville's roughly 16,823 residents, and a state regulator supervises it.

Waterville by the numbers

Waterville is a small town; the notes below cover its population profile and the statewide rules that apply.

• Population: a Census-estimated 16,823, 11th among Maine's 23 places (Vintage 2023).
• Population trend: Higher by roughly 0.8% since the 2020 count.
• People gained or lost: about 141 more since the 2020 base.
• Size percentile: bigger than about 52% of the places in Maine, with 16,823 residents in Waterville.
• Population density: about 1,243 people per square mile (Census land area 13.5 sq mi).
• Land area rank: Waterville's 13.5 square miles rank 18th of 23 places in Maine.
• Water: Waterville holds about 0.47 square miles, the 19th-largest water area in Maine.
• Share of Maine: Waterville holds about 4.3% of the state's population, some 16,823 people.
• Nationally: Waterville is the 2,170th-largest of 19,457 Census places in the dataset.
• Growth in Maine: Waterville stands 16th by percentage change from 2020 to 2023, among 23 places.
• Versus Maine: the state average change is +1.3%, while Waterville moved 0.8%.
• Density in Maine: Waterville ranks 3rd by people per square mile.
• Density vs Maine: Waterville's 1,243 people per square mile compare with a state median of 466.
• Location: 44.5453 / -69.6614, per the US Census Bureau Gazetteer.
• Nearest larger cities: Augusta (15 mi); Lewiston (40 mi); Auburn (43 mi); Bangor (47 mi); Westbrook (67 mi). Lenders licensed in the state serve Waterville whether or not they keep a local branch.
• Smaller places close by: Hallowell (19 mi); Gardiner (25 mi); Belfast (32 mi).
• Smaller neighbours: 6 places smaller than Waterville sit within 50 miles.
• Larger places within 100 miles: 10.

Waterville in state context

Waterville is the 11th-largest of 23 Census places in Maine and contains about 4.3% of the state's people. On the 2020-to-2023 trend, Waterville stands 16th among Maine's 23 places — roughly the 30th percentile. At about 1,243 people per square mile, Waterville is the 3rd most densely settled place in Maine. The population moved by about 141 people between 2020 and 2023, a 0.8% shift.

Before you apply in Waterville

These steps shape the offer you get in Waterville, a place of about 16,823 people:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Test your amount and term in the personal loan calculator first.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Confirm the lender holds a Maine licence by checking the regulator named above.
5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
6. Borrow only what the purpose requires, not the maximum you are offered.
7. Decide the purpose and how you will repay it before approaching any lender.

The process is identical across Maine; what changes is your credit file, not the fact that Waterville holds 16,823 people.

What shapes a Waterville personal loan

With roughly 16,823 residents, Waterville is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Waterville's rank of 11th in Maine: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Waterville loan but raises total interest, so the smallest payment is not the cheapest loan.

What Maine law requires in Waterville

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

The geography behind Waterville

Inside Waterville's boundaries lie roughly 13.5 square miles of land and 0.47 square miles of water. The resulting density is about 1,243 people per square mile. The largest place in Maine, Portland, lies about 68 miles away. Counting outward 50 miles, 4 larger communities surround Waterville. Within the same 50 miles lie 6 smaller Census places.