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Personal loans in Mentone, AL

With an estimated 325 residents, Mentone is the 367th-largest of 462 places in Alabama. A personal loan in Mentone is priced from your credit file and income, not from the fact that the city holds 325 people. Decide the purpose of the loan and your repayment plan before sharing any details with a Mentone lender. Lenders active in Mentone report to a Alabama supervisor, identified in the sourced rows below. Mentone gained roughly 0.6% in population across the 2020-to-2023 comparison. The next larger city is Valley Head, AL about 2 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.

Where Mentone stands

Mentone is a small community; the notes below cover its population profile and the statewide rules that apply.

How Alabama law applies in Mentone

Read the table as a lender's compliance picture for Mentone: the rule, the sourced figure, the publisher and the 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
Small-loan / installment lender licensingAlabama Small Loan Act license required from the supervisor for loans under $1,500; interest capped at 3% per month on the first $200 and 2% per month on $200–$1,500
Source says: "No person shall engage in the business of lending in amounts of less than one thousand five hundred dollars ($1,500)"; "without first having obtained a license from the supervisor"; "not exceeding three percent a month on that part of the unpaid principal balance not in excess of two hundred dollars".		Alabama State Banking Department — Alabama Small Loan Act (Code of Alabama §§ 5-18-1 et seq.)
as of 2026-09-16
Parity lending rate provision (§ 8-8-1.1)Any lender may charge the same rates as any federally or state-chartered or licensed lending institution in Alabama
Source says: "may, on any loans or extensions of credit made by them, charge or impose the same rate of interest or finance charge".		Alabama Legislature — Code of Alabama 1975, § 8-8-1.1
as of 2026-09-16

How a Mentone personal loan is priced

Mentone is a small community of about 325 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Mentone can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Mentone loan but raises total interest, so the smallest payment is not the cheapest loan.

Where Mentone sits in Alabama

Among Alabama's 462 places, Mentone sits at 367th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Mentone stands 211th among Alabama's 462 places — roughly the 54th percentile. Its roughly 76 residents per square mile place it 423rd among Alabama's places. Between 2020 and 2023 the count changed by roughly 2 residents.

Land, water and location for Mentone

Mentone covers about 4.3 square miles of land, with 0.01 square miles of water inside its boundaries (Census Gazetteer). The resulting density is about 76 people per square mile. Huntsville, the largest place in Alabama, is about 62 miles from Mentone. A 50-mile radius around Mentone takes in 86 places that are larger. The 100-mile radius contains 320 larger places.

How lenders reach Mentone

Mentone is sparsely settled, with about 76 people per square mile and 86 larger places within 50 miles. Lenders licensed in Alabama reach Mentone's 325 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Valley Head, AL about 2 miles away.

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