Personal loans in Meyers Lake, OH

Meyers Lake is a small community in Ohio, with an estimated 721 residents, and every licensed lender here follows the same state rulebook. A lender that serves Meyers Lake operates under Ohio lending statutes and a Ohio supervisor.

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.

Meyers Lake ranks 590th of 924 places in Ohio, with a population near 721. Use the calculator on this page to price an amount and term before you commit in Meyers Lake. The trend for Meyers Lake between 2020 and 2023 is downward by roughly 0.1%. The nearest larger city is Canton, OH about 3 miles away.

Local context for Meyers Lake

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

Borrowing reach in Meyers Lake

At roughly 3,292 people per square mile, Meyers Lake is fairly dense; 163 larger places lie within 50 miles. Whether Meyers Lake has a local branch or not, a Ohio-licensed lender can serve its 721 people online on the same terms. For a larger market, the closest option is Canton, OH about 3 miles away.

Meyers Lake against the rest of Ohio

Against Ohio's other places, Meyers Lake accounts for about 0.0% of the state's population and ranks 590th of 924 by size. Its 2020-to-2023 change ranks 284th of 924 Ohio places, putting it near the 69th percentile for growth. At about 3,292 people per square mile, Meyers Lake is the 49th most densely settled place in Ohio. By land area, its 0.2 square miles rank 841st of 924 places in Ohio.

Ohio rules behind a Meyers Lake personal loan

These are Ohio's sourced lending facts as they reach Meyers Lake's 721 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 to do before borrowing in Meyers Lake

These steps shape the offer you get in Meyers Lake, a place of about 721 people:

  1. Start with the credit file: order the reports, fix the errors, then apply.
  2. Model the payment on the calculator before a lender models it for you.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Check the Ohio regulator's records to confirm the lender is licensed here.
  5. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
  6. Look for an origination fee or prepayment penalty in the written disclosure.
  7. Check that the monthly payment fits your budget next to your existing obligations.

In Meyers Lake as elsewhere in Ohio, the written terms — not the advertisement — are what count for its 721 residents.

Where Meyers Lake sits

Meyers Lake covers about 0.2 square miles of land, with 0.22 square miles of water inside its boundaries (Census Gazetteer). With 721 residents, the land area yields roughly 3,292 people per square mile. For the state's biggest city, Columbus, the distance is roughly 100 miles. Within 50 miles of Meyers Lake there are 163 larger Census places. Within the same 50 miles lie 60 smaller Census places.

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