Personal loans in Coal Grove, OH

Census figures put the 2020-to-2023 decrease in Coal Grove at about 3.4%. At about 1,827 residents, Coal Grove is larger than roughly 56% of the 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.

With roughly 1,827 residents, Coal Grove is a small community, and the lending rules its borrowers live under are written in Ohio, not by the city. Rate-shopping from Coal Grove costs nothing at pre-qualification, where a soft pull leaves your credit file alone. For the 1,827 people in Coal Grove, Ohio runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. The closest larger place is Ashland, KY about 2 miles away.

Coal Grove: population, trend and location

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

How lenders reach Coal Grove

Coal Grove is a moderately settled community of about 1,827 people, with 28 larger places inside a 50-mile radius. What is available to Coal Grove's 1,827 borrowers is set by Ohio licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Ashland, KY about 2 miles away.

Coal Grove in state context

Against Ohio's other places, Coal Grove accounts for about 0.0% of the state's population and ranks 410th of 924 by size. Its 2020-to-2023 change ranks 909th of 924 Ohio places, putting it near the 2th percentile for growth. By density, at about 959 people per square mile, it ranks 622nd in Ohio. Within 50 miles sit 49 smaller Census places, alongside the 28 that are larger.

Which Ohio laws govern a loan in Coal Grove

Ohio has no separate rate rule for Coal Grove; the sourced rows below are what reach every lender that serves its 1,827 people.

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

Before you apply in Coal Grove

Complete these steps first when you borrow in Coal Grove (1,827 residents):

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Model the payment on the calculator before a lender models it for you.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Look the lender up in the Ohio regulator's licence records before you sign.
  5. Decide the purpose and how you will repay it before approaching any lender.
  6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
  7. Read the disclosure for an origination fee and any prepayment penalty before signing.

The process is identical across Ohio; what changes is your credit file, not the fact that Coal Grove holds 1,827 people.

Land, water and location for Coal Grove

Coal Grove covers about 1.9 square miles of land, with 0.13 square miles of water inside its boundaries (Census Gazetteer). With 1,827 residents, the land area yields roughly 959 people per square mile. The largest place in Ohio, Columbus, lies about 105 miles away. Counting outward 50 miles, 28 larger communities surround Coal Grove. By land area it ranks 379th of 924 Ohio places.

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