Personal loans in Bon Air, AL

In Bon Air, one of 462 Census places in Alabama, the figure to compare across lenders is the APR, not the advertised rate. Bon Air is home to roughly 167 people and stands 417th by size out of 462 Census places in Alabama.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

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.

The 2020 count to the 2023 estimate shows about 2.9% decline in Bon Air. A lender that serves Bon Air operates under Alabama lending statutes and a Alabama supervisor. If debt is already a strain, a nonprofit credit counsellor can help Bon Air residents before they take on more. Borrowers who want a bigger city can look to Childersburg, AL about 2 miles away.

Bon Air by the numbers

Here is the sourced Census picture for Bon Air, plus the Alabama lending rules that apply to a loan taken out here.

Bon Air's place among Alabama's 462 places

Within Alabama, Bon Air holds roughly 0.0% of all residents, the 417th-largest share among 462 places. On the 2020-to-2023 trend, Bon Air stands 370th among Alabama's 462 places — roughly the 20th percentile. By density, at about 126 people per square mile, it ranks 359th in Alabama. Within 50 miles sit 6 smaller Census places, alongside the 94 that are larger.

What is available to Bon Air borrowers

Bon Air is a lightly settled community of about 167 people, with 94 larger places inside a 50-mile radius. What is available to Bon Air's 167 borrowers is set by Alabama licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Childersburg, AL about 2 miles away.

What Alabama law requires in Bon Air

Read the table as a lender's compliance picture for Bon Air: the rule, the sourced figure, the publisher and the date.

RuleDetailSource
State lending regulatorAlabama State Banking Department — Bureau of Loans (BOL)
Source says: "The Bureau of Loans (hereinafter “the BOL”) was established in 1945". The BOL administers the Small Loan Act, Consumer Credit Act, Pawn Shop Act, Mortgage Brokers Licensing Act, Deferred Presentment Services Act and SAFE Act.		Alabama State Banking Department
as of 2026-09-16
Small-loan / installment lender licensingAlabama Small Loan Act license required from the supervisor for loans under $1,500; interest capped at 3% per month on the first $200 and 2% per month on $200–$1,500
Source says: "No person shall engage in the business of lending in amounts of less than one thousand five hundred dollars ($1,500)"; "without first having obtained a license from the supervisor"; "not exceeding three percent a month on that part of the unpaid principal balance not in excess of two hundred dollars".		Alabama State Banking Department — Alabama Small Loan Act (Code of Alabama §§ 5-18-1 et seq.)
as of 2026-09-16
Parity lending rate provision (§ 8-8-1.1)Any lender may charge the same rates as any federally or state-chartered or licensed lending institution in Alabama
Source says: "may, on any loans or extensions of credit made by them, charge or impose the same rate of interest or finance charge".		Alabama Legislature — Code of Alabama 1975, § 8-8-1.1
as of 2026-09-16

Bon Air: area, density and distance

The Census Gazetteer records about 1.3 square miles of land within Bon Air, with no significant water area listed. That land carries about 126 people per square mile. Huntsville, the largest place in Alabama, is about 101 miles from Bon Air. Bon Air has 94 larger places within a 50-mile radius. The 100-mile radius contains 281 larger places.

The anatomy of a Bon Air personal loan

With roughly 167 residents, Bon Air is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. A lender serving Bon Air's 167 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Bon Air loan is knowable in advance — unlike a revolving card balance.

Compare personal loan offers Run the numbers first

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 Bon Air 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 Bon Air is the same as anywhere in Alabama.
What loan size can I expect in Bon Air?
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 Bon Air?
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 Bon Air 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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