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.
Akron: population, trend and location
The figures below are Akron's own — Census population, land area and coordinates — followed by the Indiana rules.
- Population: an estimated 1,113 residents, 287th of 565 places in Indiana (Census Vintage 2023 subcounty estimate).
- Population trend: Down about 1.1% from the 2020 Census base to the 2023 estimate.
- Change in people: the 2020-to-2023 comparison is a loss of about 12 residents.
- Size percentile: roughly 49% of Indiana places rank below Akron.
- Density: roughly 2,425 residents per square mile, spread over 0.5 sq mi of land.
- Land area rank: Akron's 0.5 square miles rank 400th of 565 places in Indiana.
- Within Indiana: about 0.0% of the state's population lives in Akron.
- National rank: Akron sits 9,811th by population among the 19,457 places in this dataset.
- Growth rank: Akron's 2020-to-2023 change ranks 454th of 565 places in Indiana.
- Against the state trend: Akron's 1.1% change compares with a Indiana average of +1.0% across its 565 places.
- Density rank: Akron is the 35th most densely settled place in Indiana.
- Density vs Indiana: Akron's 2,425 people per square mile compare with a state median of 1,375.
- Location: coordinates 41.0388, -86.0249 (US Census Bureau Gazetteer).
- Nearest larger cities: Rochester (9 mi); North Manchester (13 mi); Winona Lake (17 mi); Warsaw (17 mi); Argos (18 mi). A branch is convenient; it is not what sets your APR.
- Smaller places nearby: Silver Lake (7 mi); Macy (8 mi); Burket (9 mi).
- Smaller neighbours: 53 places smaller than Akron sit within 50 miles.
- Larger places within 100 miles: 317.
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:
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Test your amount and term in the personal loan calculator first.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Verify the lender's Indiana licence with the regulator listed on this page.
- Choose a term you can live with; stretching it lowers the payment but raises total interest.
- Borrow only what the purpose requires, not the maximum you are offered.
- 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.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Indiana 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 status | Permitted 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 licensing | Small 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.
Common questions
What are my options in Akron if my credit is poor?
What loan size can I expect in Akron?
Do I have to pledge anything to borrow in Akron?
Does comparing loans in Akron cost me credit score points?
Nearby places
- Burket, IN — population 122
- Macy, IN — population 196
- Mentone, IN — population 922
- Silver Lake, IN — population 868
- Roann, IN — population 435
- Claypool, IN — population 397
- Rochester, IN — population 6,211
- Denver, IN — population 463