Personal loans in Roann, IN
When Indiana caps or restricts a product, lenders either change the terms or withdraw it from Roann as from the rest of the state.
If you are weighing a personal loan in Roann, start from the payment you can carry; its 435 residents face the same statewide rules. Roughly 435 residents live in Roann, the 426th-largest community in Indiana. The trend for Roann between 2020 and 2023 is downward by roughly 0.9%. Judge Roann offers on total cost, not on how quickly the money arrives. The next larger city is Denver, IN about 9 miles away.
The Roann data picture
Only a few things actually differ by place — population, area, location, and the Indiana rules a lender must follow — and they are below.
- Population: about 435 people live here, which puts Roann 426th of 565 Census places in Indiana (Vintage 2023).
- Population trend: Down about 0.9% from the 2020 Census base to the 2023 estimate.
- People gained or lost: about 4 fewer since the 2020 base.
- Size percentile: Roann sits ahead of around 25% of Indiana places, at 435 people.
- Density: the Census land area of 0.2 sq mi holds about 1,883 people per square mile.
- Land area rank: Roann's 0.2 square miles rank 488th of 565 places in Indiana.
- Share of state population: Roann's 435 residents are about 0.0% of Indiana.
- National rank: Roann is 13,738th of 19,457 places nationwide.
- Growth in Indiana: Roann stands 433rd by percentage change from 2020 to 2023, among 565 places.
- State comparison: Indiana's places average +1.0% for 2020-to-2023, against Roann's 0.9%.
- Density in Indiana: Roann ranks 113th by people per square mile.
- Density in context: Roann's 1,883 people per square mile sit against a Indiana median of 1,375.
- Location: 40.9110, -85.9246 (Census Gazetteer coordinates).
- Nearest larger cities: Denver (9 mi); Wabash (9 mi); North Manchester (10 mi); Akron (10 mi); Silver Lake (11 mi). Living near a larger metro rarely changes what is available in Roann.
- Nearest smaller places: Macy (11 mi); Lagro (11 mi); Claypool (15 mi).
- Smaller places within 50 miles: 21 of them.
- At 100 miles: 429 larger Census places fall inside that radius.
Where Roann sits
Roann's land area is roughly 0.2 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 1,883 residents per square mile. For the state's biggest city, Fort Wayne, the distance is roughly 43 miles. Roann has 91 larger places within a 50-mile radius. The 100-mile radius contains 429 larger places.
The anatomy of a Roann personal loan
Roann is a small community of about 435 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Roann's rank of 426th in Indiana: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Roann decides the split between a comfortable payment and the total interest you pay.
Roann's place among Indiana's 565 places
Against Indiana's other places, Roann accounts for about 0.0% of the state's population and ranks 426th of 565 by size. On the 2020-to-2023 trend, Roann stands 433rd among Indiana's 565 places — roughly the 23th percentile. Its roughly 1,883 residents per square mile place it 113th among Indiana's places. Within 50 miles sit 21 smaller Census places, alongside the 91 that are larger.
Which Indiana laws govern a loan in Roann
Read the table as a lender's compliance picture for Roann: the rule, the sourced figure, the publisher and the date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Indiana Department of Financial Institutions (DFI), Consumer Credit Division Source says: "The industries regulated by the Consumer Credit Division are: non-depository small loan ("payday") lenders; traditional installment lenders". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Payday lending status | Permitted under license (small loans); finance charges capped at 15% of the first $250 (tiered above) Source says: "Finance charges on the first $250 of a small loan are limited to 15% of the principal". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Small Loan License required (IUCCC; separate Consumer Loan License for IC 24-4.5-3 loans) Source says: "unless a person is a supervised financial organization or has first obtained a small loan license from the Department of Financial Institutions (DFI)". | Indiana Department of Financial Institutions as of 2026-09-16 |
How lenders reach Roann
At roughly 1,883 people per square mile, Roann is moderately settled; 91 larger places lie within 50 miles. Distance to a branch rarely matters for Roann's 435 residents: the application is online and the price follows your credit file. The nearest bigger place is Denver, IN about 9 miles away.
Common questions
What are my options in Roann if my credit is poor?
What loan size can I expect in Roann?
Do I have to pledge anything to borrow in Roann?
Does comparing loans in Roann cost me credit score points?
Nearby places
- Wabash, IN — population 10,269
- Denver, IN — population 463
- Akron, IN — population 1,113
- Silver Lake, IN — population 868
- North Manchester, IN — population 5,225
- Lagro, IN — population 346
- Macy, IN — population 196
- Peru, IN — population 10,953