Personalloaner

Personal loans in Canton, PA

The first question in Canton is not the rate on offer but whether the payment fits; about 1,713 people live here under Pennsylvania lending law. An estimated 1,713 people make their home in Canton, a figure that ranks 465th in Pennsylvania. The trend for Canton between 2020 and 2023 is downward by roughly 0.8%. When Pennsylvania caps or restricts a product, lenders either change the terms or withdraw it from Canton as from the rest of the state. Read the disclosure for an origination fee and any prepayment penalty before signing in Canton. The nearest larger metro is Mansfield, PA about 16 miles away.

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.

Canton: the sourced local profile

Read the local figures below as context; read the sourced Pennsylvania table as the rulebook a lender here must follow.

Canton on the map

The Census Gazetteer records about 1.2 square miles of land within Canton, with no significant water area listed. The resulting density is about 1,487 people per square mile. The state's population centre of gravity, Philadelphia, is roughly 145 miles away. Canton has 28 larger places within a 50-mile radius. By land area it ranks 387th of 1,013 Pennsylvania places.

How Pennsylvania law applies in Canton

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

RuleDetailSource
State lending regulatorPennsylvania 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
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

How personal loans work in Canton

Canton is a small community of about 1,713 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Canton lender to disclose the APR and finance charge before you sign. The term you choose in Canton decides the split between a comfortable payment and the total interest you pay.

Canton against the rest of Pennsylvania

Canton is the 465th-largest of 1,013 Census places in Pennsylvania and contains about 0.0% of the state's people. On the 2020-to-2023 trend, Canton stands 408th among Pennsylvania's 1,013 places — roughly the 60th percentile. By density, at about 1,487 people per square mile, it ranks 611th in Pennsylvania. By land area, its 1.2 square miles rank 387th of 1,013 places in Pennsylvania.

Before you apply in Canton

A sensible order of operations for a loan in Canton, home to about 1,713 people:

  1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  3. Shop at least three lenders and judge them on APR and total cost.
  4. Look the lender up in the Pennsylvania regulator's licence records before you sign.
  5. Be clear on what the loan is for and how it gets repaid.
  6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
  7. Look for an origination fee or prepayment penalty in the written disclosure.

None of these steps is Canton-specific: the same Pennsylvania licensing and disclosure rules reach all 1,713 residents.

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 Canton 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 Canton is the same as anywhere in Pennsylvania.
What loan size can I expect in Canton?
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 Canton?
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 Canton 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

Related