Personal loans in South Solon, OH

The first question in South Solon is not the rate on offer but whether the payment fits; about 326 people live here under Ohio lending law. Which products a lender may offer to South Solon's 326 residents follows from the Ohio consumer-lending framework. South Solon ranks 738th of 924 places in Ohio, with a population near 326. Decide the purpose of the loan and your repayment plan before sharing any details with a South Solon lender. South Solon's population was effectively unchanged from the 2020 count to the 2023 estimate. The nearest larger metro is South Charleston, OH about 6 miles away.

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

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 South Solon: the local picture

Here is the sourced Census picture for South Solon, plus the Ohio lending rules that apply to a loan taken out here.

The state rulebook for South Solon

This table holds the Ohio rate and licensing rules for consumer loans made to South Solon's 326 residents.

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 shapes a South Solon personal loan

A South Solon personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 326 residents. A lender serving South Solon's 326 residents must disclose the APR and finance charge in writing before you sign. The term you choose in South Solon decides the split between a comfortable payment and the total interest you pay.

A pre-application checklist for South Solon

Before you apply in South Solon, a community of about 326, work through these steps:

  1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Make sure the lender appears in the Ohio regulator's licence list.
  5. Pick the shortest term whose payment you can comfortably afford.
  6. Do not borrow more than the expense calls for, even if a lender approves a larger amount.
  7. Decide the purpose and how you will repay it before approaching any lender.

In South Solon as elsewhere in Ohio, the written terms — not the advertisement — are what count for its 326 residents.

Lender access in South Solon

With about 1,387 residents per square mile, South Solon is moderately settled, and 134 larger Census places sit within 50 miles. Lenders licensed in Ohio reach South Solon's 326 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is South Charleston, OH about 6 miles away.

South Solon on the map

South Solon covers about 0.2 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 1,387 residents per square mile. Columbus, the largest place in Ohio, is about 37 miles from South Solon. Counting outward 50 miles, 134 larger communities surround South Solon. By land area it ranks 827th of 924 Ohio places.

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 South Solon 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 South Solon is the same as anywhere in Ohio.
What loan size can I expect in South Solon?
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 South Solon?
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 South Solon 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

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