Personal loans in Lyons, OH

At about 590 residents, Lyons is larger than roughly 32% of the places in Ohio. Lyons shed about 2.3% of its population between the 2020 base and the 2023 estimate.

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.

Lyons, Ohio — home to about 590 people — is a small community, so the terms you are offered follow Ohio law rather than any local rule. State law, not city hall, decides what a lender may do to Lyons's roughly 590 residents, and a state regulator supervises it. Verify the lender's Ohio licence against the regulator named below before borrowing in Lyons. The closest larger place is Morenci, MI about 8 miles away.

Lyons by the numbers

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

What is available to Lyons borrowers

Lyons is moderately settled, with about 833 people per square mile and 95 larger places within 50 miles. A Ohio licence lets a lender serve Lyons without a local office, so branch density does not change what its 590 residents are offered. The nearest larger city, Morenci, MI about 8 miles away.

Lyons in state context

Within Ohio, Lyons holds roughly 0.0% of all residents, the 632nd-largest share among 924 places. For population change between 2020 and 2023, Lyons ranks 784th of 924 in Ohio (about the 15th percentile). At about 833 people per square mile, Lyons is the 679th most densely settled place in Ohio. The population moved by about 14 people between 2020 and 2023, a 2.3% shift.

What to do before borrowing in Lyons

Complete these steps first when you borrow in Lyons (590 residents):

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Test your amount and term in the personal loan calculator first.
  3. Shop at least three lenders and judge them on APR and total cost.
  4. Check the Ohio regulator's records to confirm the lender is licensed here.
  5. Look for an origination fee or prepayment penalty in the written disclosure.
  6. Make sure the new payment leaves room in a budget you already keep.
  7. Weigh a shorter term's higher payment against the interest it saves.

In Lyons as elsewhere in Ohio, the written terms — not the advertisement — are what count for its 590 residents.

What Ohio law requires in Lyons

These are Ohio's sourced lending facts as they reach Lyons's 590 residents; the state has no city-level rate rule.

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

What shapes a Lyons personal loan

A Lyons personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 590 residents. Federal Truth in Lending rules require a Lyons lender to disclose the APR and finance charge before you sign. The term you choose in Lyons decides the split between a comfortable payment and the total interest you pay.

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