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Personal loans in Silverton, OH

The roughly 4,812 people who live in Silverton borrow under Ohio rules; city hall sets no personal-loan rate. For the 4,812 people in Silverton, Ohio runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. The Census estimates 4,812 residents in Silverton, which ranks it 259th of 924 places in Ohio. Rate-shopping from Silverton costs nothing at pre-qualification, where a soft pull leaves your credit file alone. From the 2020 Census base to the 2023 estimate, the population declined by about 2.0%. The next larger city is Deer Park, OH about 1 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 Silverton: the local picture

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

The Ohio lending rules that reach Silverton

When Ohio does not publish a figure, the row links to the source instead of inventing a number; Silverton is bound by the same rules.

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

How Silverton compares across Ohio

Silverton is the 259th-largest of 924 Census places in Ohio and contains about 0.1% of the state's people. For population change between 2020 and 2023, Silverton ranks 721st of 924 in Ohio (about the 22th percentile). Its roughly 4,323 residents per square mile place it 26th among Ohio's places. Between 2020 and 2023 the count changed by roughly 98 residents.

Silverton: area, density and distance

Silverton covers about 1.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 4,323 people per square mile. The state's population centre of gravity, Columbus, is roughly 93 miles away. A 50-mile radius around Silverton takes in 75 places that are larger. The 100-mile radius contains 164 larger places.

Inside a Silverton personal loan

Most loans made to Silverton's 4,812 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The APR tracks your credit score rather than Silverton's rank of 259th 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 Silverton loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Getting a loan in Silverton

Silverton is fairly dense, with about 4,323 people per square mile and 75 larger places within 50 miles. Lenders licensed in Ohio reach Silverton's 4,812 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Deer Park, OH about 1 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 Silverton 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 Silverton is the same as anywhere in Ohio.
What loan size can I expect in Silverton?
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 Silverton?
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 Silverton 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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