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Personal loans in Dayton, AL

Two households in Dayton with comparable incomes can still be offered different rates; the city's 27 residents are not the reason. For a community of about 27, the practical step is to compare APR across at least three lenders before committing. With 27 residents, Dayton outranks about 1% of the communities in Alabama. Rate ceilings, licensing requirements and product limits for Dayton are all set at the Alabama level. The 2020 count to the 2023 estimate shows about 3.6% decline in Dayton. The closest larger place is Thomaston, AL about 6 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.

The Dayton data picture

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

Dayton's place among Alabama's 462 places

Among Alabama's 462 places, Dayton sits at 459th for population, a share of roughly 0.0% of the state. Its 2020-to-2023 change ranks 385th of 462 Alabama places, putting it near the 17th percentile for growth. At about 27 people per square mile, Dayton is the 458th most densely settled place in Alabama. By land area, its 1.0 square miles rank 418th of 462 places in Alabama.

Alabama rules behind a Dayton personal loan

For the roughly 27 residents of Dayton, the rules below are Alabama's own; each row carries its publisher and retrieval 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
Maximum legal interest rate (usury cap)6% per annum without a written contract; 8% per annum by written contract
Source says: "except by written contract is $6 upon $100 for one year"; "the rate of interest by written contract is not to exceed $8 upon $100 for one year". (Code text retrieved from the Alabama Legislature's official Code of Alabama service.)		Alabama Legislature — Code of Alabama 1975, § 8-8-1
as of 2026-09-16
Payday lending statusPermitted — deferred presentment services licensed by the supervisor; maximum advance $500; maximum fee 17.5% of amount advanced
Source says: "a maximum fee on any deferred presentment transaction not to exceed 17.5 percent of the amount advanced"; "The maximum amount that may be advanced in any deferred presentment transaction is five hundred dollars ($500)".		Alabama State Banking Department — Deferred Presentment Services Act (Code of Alabama §§ 5-18A-1 et seq.)
as of 2026-09-16

How a Dayton personal loan is priced

With roughly 27 residents, Dayton is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Dayton. Shortening the term on a Dayton loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Before you apply in Dayton

For Dayton's roughly 27 residents, these are the steps that most influence the offer:

  1. Get your credit reports, dispute what is wrong, and only then start shopping.
  2. Use the loan calculator to test the payment on your intended amount and term.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Check the Alabama regulator's records to confirm the lender is licensed here.
  5. Pick the shortest term whose payment you can comfortably afford.
  6. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  7. Decide the purpose and how you will repay it before approaching any lender.

The process is identical across Alabama; what changes is your credit file, not the fact that Dayton holds 27 people.

Where Dayton sits

Dayton covers about 1.0 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. With 27 residents, the land area yields roughly 27 people per square mile. The largest place in Alabama, Huntsville, lies about 171 miles away. Within 50 miles of Dayton there are 41 larger Census places. Within the same 50 miles lie 2 smaller Census places.

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