Personal loans in Russellville, IN

When you compare personal loans in Russellville, Indiana, the figure to hold side by side is the APR, not the advertised rate. Russellville is one of 565 Census places in Indiana; its 312 residents put it at 461st. A 2020-to-2023 comparison shows Russellville up by about 3.0%. Lenders active in Indiana report to a state supervisor, identified in the sourced rows below. Verify the lender's Indiana licence against the regulator named below. The nearest larger metro is Waveland, IN about 4 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.

Borrowing in Russellville: the local picture

Read the local figures below as context; read the sourced Indiana table as the rulebook a lender here must follow.

Population: a Census-estimated 312, 461st among Indiana's 565 places (Vintage 2023).
Population trend: Higher by roughly 3.0% since the 2020 count.
Size percentile: about 18% of Indiana communities are smaller.
Location: coordinates 39.8570, -86.9832 (US Census Bureau Gazetteer).
Nearest larger cities: Waveland (4 mi); New Market (7 mi); Roachdale (10 mi); Ladoga (11 mi); Bainbridge (11 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
Nearest smaller towns: Alamo (10 mi); Marshall (11 mi); Wallace (13 mi).

What Indiana law requires in Russellville

These are Indiana's sourced lending facts as they apply in Russellville; the state has no separate city-level rate rule.

Rule	Detail	Source
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
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
Small-loan size limit	$825 maximum aggregate small-loan principal per borrower Source says: "Lenders cannot have loans ... outstanding with you at any one time if the aggregate principal amount/amount financed exceeds $825".	Indiana Department of Financial Institutions as of 2026-09-16
Maximum legal interest rate (usury cap)	See the latest published figure value_text left null: Indiana Code IC 24-4.5-3-508 sets tiered maximum loan finance charges for supervised loans; the official code site renders client-side and the figure could not be confirmed from a fetched page, so no figure is asserted.	Indiana General Assembly (Indiana Code) 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

What a Russellville personal loan looks like

In Russellville, as throughout Indiana, federal Truth in Lending rules require a lender to disclose the APR and finance charge before you sign. Checking your credit report before you apply — and disputing any error — is the single highest-leverage step toward a better rate. Read the full disclosure before signing; the written terms are the ones that count.

A pre-application checklist for Russellville

Before you sign anything in Russellville, run through this list:

Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
Price the payment first with our personal loan calculator before any lender quotes you.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Confirm the lender holds a Indiana licence by checking the regulator named above.
Check that the monthly payment fits your budget next to your existing obligations.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Russellville 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 Russellville is the same as anywhere in Indiana.

What loan size can I expect in Russellville?

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 Russellville?

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 Russellville 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

Waveland, IN — population 434
New Market, IN — population 571
Alamo, IN — population 66
Roachdale, IN — population 861
Ladoga, IN — population 1,092
Bainbridge, IN — population 706
Crawfordsville, IN — population 16,577
Marshall, IN — population 275