Personal loans in Medina, WA

Medina lost roughly 2.5% of its population across the 2020-to-2023 comparison. The first question in Medina is not the rate on offer but whether the payment fits; about 2,841 people live here under Washington lending law.

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.

By population, Medina sits at 145th in Washington, with an estimated 2,841 residents. The closest larger place is Clyde Hill, WA about 1 miles away. To lend to Medina's 2,841 residents, a company must hold a Washington licence, and each sourced row below names the regulator behind it. Judge Medina offers on total cost, not on how quickly the money arrives.

Medina by the numbers

The figures below are Medina's own — Census population, land area and coordinates — followed by the Washington rules.

A practical checklist for Medina borrowers

These steps shape the offer you get in Medina, a place of about 2,841 people:

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Price the payment first with our personal loan calculator before any lender quotes 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 Washington regulator's licence records before you sign.
  5. Decide the purpose and how you will repay it before approaching any lender.
  6. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
  7. Read the disclosure for an origination fee and any prepayment penalty before signing.

In Medina as elsewhere in Washington, the written terms — not the advertisement — are what count for its 2,841 residents.

The anatomy of a Medina personal loan

Most loans made to Medina's 2,841 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Medina. Because the payment is fixed, the total cost of a Medina loan is knowable in advance — unlike a revolving card balance.

Getting a loan in Medina

Medina is a moderately settled community of about 2,841 people, with 71 larger places inside a 50-mile radius. Distance to a branch rarely matters for Medina's 2,841 residents: the application is online and the price follows your credit file. The nearest bigger place is Clyde Hill, WA about 1 miles away.

Washington rules behind a Medina personal loan

The rows below set out what a licensed lender must follow in Washington, and so for Medina's roughly 2,841 residents.

RuleDetailSource
State lending regulatorWashington State Department of Financial Institutions (DFI)
Source says: DFI licenses and regulates financial institutions and service providers in Washington.
Washington State Department of Financial Institutions (DFI)
as of 2026-09-16
Maximum legal interest rate (usury cap)12% per annum, or four points above the Federal Reserve bill rate, whichever is higher (RCW 19.52.020)
Source says: any rate of interest shall be legal so long as the rate of interest does not exceed the higher of: (a) Twelve percent per annum
Washington State Legislature (RCW)
as of 2026-09-16
Payday lending statusLicensed; small loans capped at $700 or 30% of monthly income, max 45 days, fees 15% on first $500 and 10% above (RCW 31.45)
Source says: Payday lenders must be licensed by DFI — including online lenders that do business with Washington residents.
Washington State Department of Financial Institutions (DFI)
as of 2026-09-16

Land, water and location for Medina

The Census Gazetteer records 1.4 square miles of land and 3.39 square miles of water within Medina. That land carries about 1,980 people per square mile. The largest place in Washington, Seattle, lies about 5 miles away. Counting outward 50 miles, 71 larger communities surround Medina. The 100-mile radius contains 95 larger 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 Medina 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 Medina is the same as anywhere in Washington.
What loan size can I expect in Medina?
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 Medina?
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 Medina 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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