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.
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.
- Population: about 326, ranked 738th of 924 places in Ohio (Census Vintage 2023 subcounty estimate).
- Population trend: Stable from the 2020 base to 2023.
- Size percentile: roughly 20% of Ohio places rank below South Solon.
- Land and density: 0.2 square miles of land carry roughly 1,387 residents per square mile.
- Land area rank: South Solon's 0.2 square miles rank 827th of 924 places in Ohio.
- State population share: South Solon accounts for about 0.0% of everyone in Ohio.
- National standing: South Solon ranks 14,831st of 19,457 US places.
- Growth rank: South Solon's 2020-to-2023 change ranks 247th of 924 places in Ohio.
- State comparison: Ohio's places average +0.9% for 2020-to-2023, against South Solon's 0.0%.
- Density rank: South Solon is the 413th most densely settled place in Ohio.
- Against the state median: South Solon runs about 1,387 residents per square mile, where the Ohio median is 1,289.
- Location: 39.7373, -83.6126 (Census Gazetteer coordinates).
- Nearest larger cities: South Charleston (6 mi); Jeffersonville (7 mi); Jamestown (9 mi); Cedarville (11 mi); South Vienna (13 mi). Larger metros often have more branches, but online lenders reach South Solon on the same terms.
- Smaller places close by: Midway (7 mi); Octa (9 mi); Milledgeville (10 mi).
- Smaller neighbours: 33 places smaller than South Solon sit within 50 miles.
- At 100 miles: 482 larger Census places fall inside that radius.
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.
| 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 |
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:
- Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
- Run the numbers on the personal loan calculator so you know the payment before you apply.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Make sure the lender appears in the Ohio regulator's licence list.
- Pick the shortest term whose payment you can comfortably afford.
- Do not borrow more than the expense calls for, even if a lender approves a larger amount.
- 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.
Common questions
What are my options in South Solon if my credit is poor?
What loan size can I expect in South Solon?
Do I have to pledge anything to borrow in South Solon?
Does comparing loans in South Solon cost me credit score points?
Nearby places
- South Charleston, OH — population 1,689
- Jeffersonville, OH — population 1,242
- Octa, OH — population 58
- Midway, OH — population 269
- Milledgeville, OH — population 101
- Jamestown, OH — population 2,073
- Bowersville, OH — population 266
- South Vienna, OH — population 401