Personal loans in Chesterville, OH

State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Chesterville's 195 residents. The Census estimates 195 residents in Chesterville, which ranks it 829th of 924 places in Ohio.

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.

Chesterville counts about 195 people, and what is genuinely local about borrowing here is limited — Ohio law does the governing. Population in Chesterville climbed about 0.5% over the three years from 2020 to 2023. Read the disclosure for an origination fee and any prepayment penalty before signing in Chesterville. The next larger city is Fredericktown, OH about 7 miles away.

Borrowing in Chesterville: the local picture

Chesterville is a small community; the notes below cover its population profile and the statewide rules that apply.

Chesterville on the map

The Census Gazetteer records about 0.2 square miles of land within Chesterville, with no significant water area listed. With 195 residents, the land area yields roughly 951 people per square mile. The state's population centre of gravity, Columbus, is roughly 38 miles away. Chesterville has 133 larger places within a 50-mile radius. By land area it ranks 848th of 924 Ohio places.

Ohio rules behind a Chesterville personal loan

For the roughly 195 residents of Chesterville, the rules below are Ohio's own; each row carries its publisher and retrieval date.

RuleDetailSource
State lending regulatorOhio Department of Commerce, Division of Financial Institutions (Consumer Finance Section).
Source says: "The Consumer Finance Section is responsible for regulating non-depository consumer lenders and related consumer finance businesses."
Ohio Department of Commerce - Division of Financial Institutions
as of 2026-09-16
Maximum legal interest rate (usury cap)8% per annum maximum by written agreement for the general case; higher rates permitted only in specified cases (e.g., principal over $100,000, business loans, certain mortgages).
Source says: "may stipulate therein for the payment of interest upon the amount thereof at any rate not exceeding eight per cent per annum payable annually" (Ohio Rev. Code 1343.01(A)). [codes.ohio.gov content retrieved via search-engine fetch of the official section; direct connections blocked from our network]
Ohio Laws (Ohio Revised Code - official state publication)
as of 2026-09-16
Payday lending statusLegal for licensed short-term lenders; interest capped at 28% per annum; total fees and charges capped at 60% of the originally contracted loan amount.
Source says: "(A) Interest not exceeding a rate of twenty-eight per cent per annum" (Ohio Rev. Code 1321.40); total fees/charges capped at "a total amount of fees and charges that exceeds sixty per cent of the originally contracted loan amount" (1321.403).
Ohio Laws (Ohio Revised Code - official state publication)
as of 2026-09-16

Chesterville against the rest of Ohio

Chesterville is the 829th-largest of 924 Census places in Ohio and contains about 0.0% of the state's people. Its 2020-to-2023 change ranks 184th of 924 Ohio places, putting it near the 80th percentile for growth. Its roughly 951 residents per square mile place it 625th among Ohio's places. The population moved by about 1 people between 2020 and 2023, a 0.5% shift.

The anatomy of a Chesterville personal loan

A Chesterville personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 195 residents. Because pricing is borrower-level, two people in Chesterville can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Chesterville loan is knowable in advance — unlike a revolving card balance.

What is available to Chesterville borrowers

At roughly 951 people per square mile, Chesterville is moderately settled; 133 larger places lie within 50 miles. What is available to Chesterville's 195 borrowers is set by Ohio licensing and your own credit, not by how many branches are nearby. The nearest larger city, Fredericktown, OH about 7 miles away.

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 Chesterville 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 Chesterville is the same as anywhere in Ohio.
What loan size can I expect in Chesterville?
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 Chesterville?
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 Chesterville 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

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