Personal loans in Akron, IN

Lenders active in Akron report to a Indiana supervisor, identified in the sourced rows below. A lender serving Akron holds a Indiana licence and answers to a Indiana regulator; no city office is involved for its 1,113 residents. Roughly 1,113 residents live in Akron, the 287th-largest community in Indiana. Census figures put the 2020-to-2023 decrease in Akron at about 1.1%. Decide the purpose of the loan and your repayment plan before sharing any details with a Akron lender. The nearest larger city is Rochester, IN about 9 miles away.

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.

Akron: population, trend and location

The figures below are Akron's own — Census population, land area and coordinates — followed by the Indiana rules.

Akron against the rest of Indiana

Among Indiana's 565 places, Akron sits at 287th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Akron stands 454th among Indiana's 565 places — roughly the 20th percentile. At about 2,425 people per square mile, Akron is the 35th most densely settled place in Indiana. Between 2020 and 2023 the count changed by roughly 12 residents.

A practical checklist for Akron borrowers

Before you apply in Akron, a community of about 1,113, work through these steps:

  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. Verify the lender's Indiana licence with the regulator listed on this page.
  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. Be clear on what the loan is for and how it gets repaid.

In Akron as elsewhere in Indiana, the written terms — not the advertisement — are what count for its 1,113 residents.

Which Indiana laws govern a loan in Akron

These are Indiana's sourced lending facts as they reach Akron's 1,113 residents; the state has no city-level rate rule.

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
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
Small-loan / installment lender licensingSmall Loan License required (IUCCC; separate Consumer Loan License for IC 24-4.5-3 loans)
Source says: "unless a person is a supervised financial organization or has first obtained a small loan license from the Department of Financial Institutions (DFI)".
Indiana Department of Financial Institutions
as of 2026-09-16

How lenders reach Akron

With about 2,425 residents per square mile, Akron is fairly dense, and 59 larger Census places sit within 50 miles. Whether Akron has a local branch or not, a Indiana-licensed lender can serve its 1,113 people online on the same terms. For a larger market, the closest option is Rochester, IN about 9 miles away.

The geography behind Akron

Akron's land area is roughly 0.5 square miles, and the Gazetteer records no significant water area within it. That land carries about 2,425 people per square mile. The state's population centre of gravity, Fort Wayne, is roughly 46 miles away. Within 50 miles of Akron there are 59 larger Census places. The 100-mile radius contains 317 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 Akron 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 Akron is the same as anywhere in Indiana.
What loan size can I expect in Akron?
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 Akron?
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 Akron 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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