Personal loans in Richmond, OH

Personal loans in Richmond are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 401 population. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Richmond loan.

By the Personalloaner Editorial Team · Last updated 2026-09-16

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At about 401 residents, Richmond is larger than roughly 23% of the places in Ohio. To lend to Richmond's 401 residents, a company must hold a Ohio licence, and each sourced row below names the regulator behind it. From the 2020 Census base to the 2023 estimate, the population declined by about 2.4%. The closest larger place is Wintersville, OH about 5 miles away.

The Richmond data picture

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

Population: an estimated 401 residents, 708th of 924 places in Ohio (Census Vintage 2023 subcounty estimate).
Population trend: The 2020-to-2023 change is negative, near 2.4%.
Absolute change: 10 residents lost between 2020 and 2023.
Size percentile: Richmond sits ahead of around 23% of Ohio places, at 401 people.
Population density: about 725 people per square mile (Census land area 0.6 sq mi).
Land area rank: Richmond's 0.6 square miles rank 665th of 924 places in Ohio.
Share of Ohio: Richmond holds about 0.0% of the state's population, some 401 people.
National rank: Richmond is the 14,092nd most populous of the 19,457 Census places covered here.
Growth rank: Richmond ranks 801st among Ohio's 924 places for the 2020-to-2023 change.
Versus Ohio: the state average change is +0.9%, while Richmond moved 2.4%.
Density in Ohio: Richmond ranks 728th by people per square mile.
Density vs Ohio: Richmond's 725 people per square mile compare with a state median of 1,289.
Location: 40.4329, -80.7719 (US Census Bureau Gazetteer).
Nearest larger cities: Wintersville (5 mi); Steubenville (8 mi); Amsterdam (8 mi); Bergholz (9 mi); Toronto (9 mi). Lenders licensed in the state serve Richmond whether or not they keep a local branch.
Smaller places close by: Bloomingdale (7 mi); Empire (9 mi); Stratton (10 mi).
Smaller neighbours: 64 places smaller than Richmond sit within 50 miles.
Larger places within 100 miles: 623.

Getting a loan in Richmond

Richmond is moderately settled, with about 725 people per square mile and 214 larger places within 50 miles. What is available to Richmond's 401 borrowers is set by Ohio licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is Wintersville, OH about 5 miles away.

The Richmond borrowing checklist

For Richmond's roughly 401 residents, these are the steps that most influence the offer:

Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
Test your amount and term in the personal loan calculator first.
Line up several pre-qualified offers and let the APR decide.
Make sure the lender appears in the Ohio regulator's licence list.
Look for an origination fee or prepayment penalty in the written disclosure.
Test the payment against your current bills before you commit.
Choose a term you can live with; stretching it lowers the payment but raises total interest.

None of these steps is Richmond-specific: the same Ohio licensing and disclosure rules reach all 401 residents.

Richmond on the map

The Census Gazetteer records about 0.6 square miles of land within Richmond, with no significant water area listed. Spread across it are roughly 725 residents per square mile. For the state's biggest city, Columbus, the distance is roughly 121 miles. Within 50 miles of Richmond there are 214 larger Census places. The 100-mile radius contains 623 larger places.

How personal loans work in Richmond

A Richmond personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 401 residents. The APR tracks your credit score rather than Richmond's rank of 708th in Ohio: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Richmond loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

What Ohio law requires in Richmond

These are Ohio's sourced lending facts as they reach Richmond's 401 residents; the state has no city-level rate rule.

Rule	Detail	Source
State lending regulator	Ohio 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 status	Legal 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

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Common questions

What are my options in Richmond 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 Richmond is the same as anywhere in Ohio.

What loan size can I expect in Richmond?

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 Richmond?

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 Richmond 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.

Nearby places

Wintersville, OH — population 3,676
Bloomingdale, OH — population 135
Steubenville, OH — population 18,064
Bergholz, OH — population 529
Irondale, OH — population 316
Amsterdam, OH — population 426
Hopedale, OH — population 903
Toronto, OH — population 5,190