Personal loans in Mayodan, NC
A lender serving Mayodan holds a North Carolina licence and answers to a North Carolina regulator; no city office is involved for its 2,452 residents. About 2,452 people live in Mayodan, placing it 232nd of 549 Census places in North Carolina. The closest larger place is Wentworth, NC about 12 miles away. The trend for Mayodan between 2020 and 2023 is upward by roughly 1.5%. Lenders active in Mayodan report to a North Carolina supervisor, identified in the sourced rows below. Judge Mayodan offers on total cost, not on how quickly the money arrives.
Local context for Mayodan
Mayodan is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: an estimated 2,452 residents, 232nd of 549 places in North Carolina (Census Vintage 2023 subcounty estimate).
- Population trend: Higher by roughly 1.5% since the 2020 count.
- Net change: roughly 37 more people than the 2020 Census counted.
- Size percentile: about 58% of North Carolina's Census places are smaller than Mayodan.
- Density: roughly 852 residents per square mile, spread over 2.9 sq mi of land.
- By land area: Mayodan ranks 265th among North Carolina's 549 places, at 2.9 sq mi.
- Water area: Mayodan has 0.02 square miles of water, ranking 207th of 549 places in North Carolina.
- Within North Carolina: about 0.0% of the state's population lives in Mayodan.
- National standing: Mayodan ranks 6,912th of 19,457 US places.
- Growth rank: Mayodan's 2020-to-2023 change ranks 293rd of 549 places in North Carolina.
- State comparison: North Carolina's places average +2.9% for 2020-to-2023, against Mayodan's 1.5%.
- Density rank: Mayodan places 232nd among North Carolina's places by people per square mile.
- Density vs North Carolina: Mayodan's 852 people per square mile compare with a state median of 758.
- Location: the Census Gazetteer records it at 36.4226, -79.9689.
- Nearest larger cities: Wentworth (12 mi); Stokesdale (13 mi); Eden (14 mi); Summerfield (16 mi); Oak Ridge (17 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller towns: Madison (2 mi); Stoneville (5 mi); Ridgeway (12 mi) — useful context for the surrounding area.
- Smaller neighbours: 25 places smaller than Mayodan sit within 50 miles.
- At 100 miles: 142 larger Census places fall inside that radius.
Getting a loan in Mayodan
At roughly 852 people per square mile, Mayodan is moderately settled; 42 larger places lie within 50 miles. What is available to Mayodan's 2,452 borrowers is set by North Carolina licensing and your own credit, not by how many branches are nearby. The nearest larger city, Wentworth, NC about 12 miles away.
Where Mayodan sits
Mayodan covers about 2.9 square miles of land, with 0.02 square miles of water inside its boundaries (Census Gazetteer). With 2,452 residents, the land area yields roughly 852 people per square mile. Charlotte, the largest place in North Carolina, is about 97 miles from Mayodan. Mayodan has 42 larger places within a 50-mile radius. Within the same 50 miles lie 25 smaller Census places.
Mayodan in state context
Among North Carolina's 549 places, Mayodan sits at 232nd for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Mayodan stands 293rd among North Carolina's 549 places — roughly the 47th percentile. By density, at about 852 people per square mile, it ranks 232nd in North Carolina. By land area, its 2.9 square miles rank 265th of 549 places in North Carolina.
The Mayodan borrowing checklist
Before you apply in Mayodan, a community of about 2,452, work through these steps:
- Start with the credit file: order the reports, fix the errors, then apply.
- Price the payment first with our personal loan calculator before any lender quotes you.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Confirm the lender holds a North Carolina licence by checking the regulator named above.
- Weigh a shorter term's higher payment against the interest it saves.
- Do not borrow more than the expense calls for, even if a lender approves a larger amount.
- Be clear on what the loan is for and how it gets repaid.
What differs between Mayodan and the rest of North Carolina is not the process but the borrower's own file, among the 2,452 people here.
How North Carolina law applies in Mayodan
Below are the North Carolina rules that apply to a loan made in Mayodan, each with the regulator that issued it.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | North Carolina Office of the Commissioner of Banks (NCCOB) Source says: "Lenders operating under the CFA must be licensed by and are subject to regulation by the NCCOB." | North Carolina Office of the Commissioner of Banks as of 2026-09-16 |
| Consumer Finance Act installment loan rates (G.S. 53-176) | 33% per annum on unpaid balance up to $4,000; 24% on $4,000-$8,000; 18% on the remainder (loans up to $12,000); 18% for loans above $12,000 Source says: "thirty-three percent (33%) per annum on that part of the unpaid principal balance not exceeding four thousand dollars ($4,000)" | North Carolina General Assembly as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | For loans of $25,000 or less: greater of the 6-month U.S. Treasury bill rate + 6% or 16% (G.S. 24-1.1(c)); any agreed rate above $25,000 Source says: "plus six percent (6%), rounded upward or downward ... or sixteen percent (16%), whichever is greater" | North Carolina General Assembly as of 2026-09-16 |
Common questions
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Nearby places
- Madison, NC — population 2,156
- Stoneville, NC — population 1,335
- Ridgeway, VA — population 737
- Stokesdale, NC — population 6,016
- Wentworth, NC — population 2,715
- Walnut Cove, NC — population 1,598
- Summerfield, NC — population 11,150
- Eden, NC — population 15,332