Personal loans in Waltham, MA

Waltham by the numbers

Set out below is Waltham's local context next to the state-level rules that reach every lender here.

• Population: an estimated 64,477 residents, 17th of 54 places in Massachusetts (Census Vintage 2023 subcounty estimate).
• Population trend: A drop of about 1.1% from 2020 to 2023.
• People gained or lost: about 729 fewer since the 2020 base.
• Size percentile: bigger than about 69% of the places in Massachusetts, with 64,477 residents in Waltham.
• Density: roughly 5,059 residents per square mile, spread over 12.7 sq mi of land.
• Land area rank: Waltham's 12.7 square miles rank 39th of 54 places in Massachusetts.
• Water area rank: Waltham ranks 25th among Massachusetts's 54 places, with 1.02 sq mi.
• Share of state population: Waltham's 64,477 residents are about 1.8% of Massachusetts.
• National rank: Waltham is the 593rd most populous of the 19,457 Census places covered here.
• Growth rank: Waltham ranks 36th among Massachusetts's 54 places for the 2020-to-2023 change.
• Against the state trend: Waltham's 1.1% change compares with a Massachusetts average of -0.7% across its 54 places.
• Density rank: Waltham places 17th among Massachusetts's places by people per square mile.
• Against the state median: Waltham runs about 5,059 residents per square mile, where the Massachusetts median is 2,833.
• Location: latitude 42.3889, longitude -71.2423 (Census Gazetteer).
• Nearest larger cities: Newton (4 mi); Cambridge (6 mi); Somerville (7 mi); Malden (10 mi); Framingham (11 mi). Online lenders reach Waltham no matter how far the nearest branch is.
• Smaller communities close by: Medford (7 mi); Woburn (8 mi); Everett (10 mi), each with its own Census population profile.
• Within a 50-mile radius: 28 smaller Census places.
• Within 100 miles: 24 places are larger than Waltham.

The geography behind Waltham

Waltham's land area is about 12.7 square miles; a further 1.02 square miles is water. With 64,477 residents, the land area yields roughly 5,059 people per square mile. Boston, the largest place in Massachusetts, is about 12 miles from Waltham. Within 50 miles of Waltham there are 20 larger Census places. The 100-mile radius contains 24 larger places.

What shapes a Waltham personal loan

In Waltham, a mid-sized city of about 64,477, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Waltham lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Waltham loan is knowable in advance — unlike a revolving card balance.

What Massachusetts law requires in Waltham

The rows below set out what a licensed lender must follow in Massachusetts, and so for Waltham's roughly 64,477 residents.

What to do before borrowing in Waltham

Before you apply in Waltham, a community of about 64,477, work through these steps:

1. Pull your credit reports first and correct any error before a lender sees the file.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Check the Massachusetts regulator's records to confirm the lender is licensed here.
5. Look for an origination fee or prepayment penalty in the written disclosure.
6. Make sure the new payment leaves room in a budget you already keep.
7. Weigh a shorter term's higher payment against the interest it saves.

None of these steps is Waltham-specific: the same Massachusetts licensing and disclosure rules reach all 64,477 residents.

What is available to Waltham borrowers

At roughly 5,059 people per square mile, Waltham is densely built; 20 larger places lie within 50 miles. Distance to a branch rarely matters for Waltham's 64,477 residents: the application is online and the price follows your credit file. The nearest bigger place is Newton, MA about 4 miles away.