Personal loans in Lomax, IL

Where Lomax stands

What follows is Lomax's place in the Census record, alongside the Illinois rules that govern a personal loan made here.

• Population: 384 — Lomax ranks 941st of 1,294 communities in Illinois (US Census Bureau, Vintage 2023).
• Population trend: A loss of roughly 5.4% between 2020 and 2023.
• Net change: roughly 22 fewer people than the 2020 Census counted.
• Size percentile: bigger than about 27% of the places in Illinois, with 384 residents in Lomax.
• Land and density: 1.2 square miles of land carry roughly 323 residents per square mile.
• By land area: Lomax ranks 655th among Illinois's 1,294 places, at 1.2 sq mi.
• Share of Illinois: Lomax holds about 0.0% of the state's population, some 384 people.
• National rank: Lomax sits 14,252nd by population among the 19,457 places in this dataset.
• Growth in Illinois: Lomax stands 1,277th by percentage change from 2020 to 2023, among 1,294 places.
• Against the state trend: Lomax's 5.4% change compares with a Illinois average of -2.0% across its 1,294 places.
• Density in Illinois: Lomax ranks 1,112th by people per square mile.
• Density in context: Lomax's 323 people per square mile sit against a Illinois median of 993.
• Location: latitude 40.6792, longitude -91.0754 (Census Gazetteer).
• Nearest larger cities: Dallas City (6 mi); La Harpe (9 mi); Burlington (9 mi); Stronghurst (10 mi); West Burlington (11 mi). Living near a larger metro rarely changes what is available in Lomax.
• Nearest smaller towns: Pontoosuc (8 mi); Gulfport (9 mi); Raritan (13 mi).
• Smaller places within 50 miles: 60 of them.
• Within 100 miles: 321 places are larger than Lomax.

Getting a loan in Lomax

Lomax is lightly settled, with about 323 people per square mile and 71 larger places within 50 miles. What is available to Lomax's 384 borrowers is set by Illinois licensing and your own credit, not by how many branches are nearby. The nearest larger city, Dallas City, IL about 6 miles away.

What shapes a Lomax personal loan

Most loans made to Lomax's 384 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Federal Truth in Lending rules require a Lomax lender to disclose the APR and finance charge before you sign. Shortening the term on a Lomax loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Lomax in state context

Within Illinois, Lomax holds roughly 0.0% of all residents, the 941st-largest share among 1,294 places. Its 2020-to-2023 change ranks 1,277th of 1,294 Illinois places, putting it near the 1th percentile for growth. Its roughly 323 residents per square mile place it 1,112th among Illinois's places. The population moved by about 22 people between 2020 and 2023, a 5.4% shift.

A practical checklist for Lomax borrowers

A sensible order of operations for a loan in Lomax, home to about 384 people:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Test your amount and term in the personal loan calculator first.
3. Line up several pre-qualified offers and let the APR decide.
4. Verify the lender's Illinois licence with the regulator listed on this page.
5. Check that the monthly payment fits your budget next to your existing obligations.
6. Pick the shortest term whose payment you can comfortably afford.
7. Do not borrow more than the expense calls for, even if a lender approves a larger amount.

None of these steps is Lomax-specific: the same Illinois licensing and disclosure rules reach all 384 residents.

How Illinois law applies in Lomax

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