Personal loans in Big Run, PA
Big Run, Pennsylvania is a small community, and the lending rules its residents live under are written at the state level, not by the city. Roughly 633 residents live in Big Run, the 710th-largest community in Pennsylvania. A 2020-to-2023 comparison shows Big Run down by about 1.7%. Which products a lender may offer locally in Pennsylvania follows from the state's consumer-lending framework. Read the disclosure for an origination fee and any prepayment penalty before signing. The nearest larger metro is Punxsutawney, PA about 5 miles away.
Borrowing in Big Run: the local picture
Set out below is Big Run's local context next to the state-level rules that reach every lender here.
- Population: about 633, ranked 710th of 1,013 places in Pennsylvania (Census Vintage 2023 subcounty estimate).
- Population trend: Down about 1.7% from the 2020 Census base to the 2023 estimate.
- Size percentile: by population it outranks roughly 30% of the places in Pennsylvania.
- Location: the Census Gazetteer records it at 40.9707, -78.8774.
- Nearest larger cities: Punxsutawney (5 mi); Sykesville (6 mi); Reynoldsville (9 mi); DuBois (12 mi); Falls Creek (12 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller towns: Troutville (6 mi); Mahaffey (10 mi); Glen Campbell (11 mi) — useful context for the surrounding area.
What Pennsylvania law requires in Big Run
The rows below set out what a licensed lender must follow in Pennsylvania, and so in Big Run.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 6% per annum maximum for loans of $50,000 or less where no lower rate is contracted (41 P.S. 201(a)). Source says: "the maximum lawful rate of interest for the loan or use of money... shall be six per cent per annum" (Loan Interest and Protection Law, Section 201(a)). | Pennsylvania General Assembly (Laws of Pennsylvania, Act 6 of 1974) as of 2026-09-16 |
| Payday lending status | No separate payday-lending license; non-bank lenders are limited to 6% (unlicensed) or up to 24% (CDCA-licensed), so high-cost payday loans are not permitted. Source says: "if a lender is licensed by the Department in accord with the CDCA, it can charge between 6-24% on loans under $25,000" (DoBS interpretive letter, May 11, 2023). | Pennsylvania Department of Banking and Securities as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Discount Company Act license required for non-mortgage consumer loans above 6%; licensed lenders may charge up to 24% on loans of $25,000 or less. Source says: "A consumer discount company is a business corporation that negotiates or makes non-mortgage loans or advances of money on credit." | Pennsylvania Department of Banking and Securities as of 2026-09-16 |
| State lending regulator | Pennsylvania Department of Banking and Securities (DoBS) Source says: "The Department of Banking and Securities regulates financial services in Pennsylvania." | Pennsylvania Department of Banking and Securities as of 2026-09-16 |
| Bank rate-cap exemption (state-specific rule) | Pennsylvania state-chartered banks are not subject to state interest-rate caps (Banking Code Sections 303/506 supersede the LIPL 6% cap). Source says: "Pennsylvania law does not impose any restrictions on the interest rate that Pennsylvania state-chartered banks may charge to customers." (DoBS interpretive letter, May 11, 2023). | Pennsylvania Department of Banking and Securities as of 2026-09-16 |
What a Big Run personal loan looks like
In Big Run, as throughout Pennsylvania, federal Truth in Lending rules require a lender to disclose the APR and finance charge before you sign. Most scoring models treat rate-shopping within a focused window as one inquiry, so comparing offers early is usually safe. Whatever the offer, the loan should fit a budget you can already meet.
A pre-application checklist for Big Run
A sensible order of operations for a loan in Big Run:
- Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Confirm the lender holds a Pennsylvania licence by checking the regulator named above.
- Do not borrow more than the expense calls for, even if a lender approves a larger amount.
Common questions
What are my options in Big Run 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 Big Run is the same as anywhere in Pennsylvania.
What loan size can I expect in Big Run?
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 Big Run?
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 Big Run 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.
Nearby places
- Sykesville, PA — population 1,089
- Punxsutawney, PA — population 5,613
- Troutville, PA — population 226
- Reynoldsville, PA — population 2,496
- Glen Campbell, PA — population 250
- Burnside, PA — population 185
- Mahaffey, PA — population 315
- Falls Creek, PA — population 1,014