New Haven at a glance
- Population: the Census estimates 15,974 residents, ranking 60th of 565 places in Indiana (Vintage 2023).
- 2020 Census base: 15,577 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: up roughly 2.5% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Indiana places: 60th-largest of 565 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 89% of Indiana places in population terms (US Census Bureau).
- Coordinates: mapped at 41.0679, -85.0163 by the US Census Bureau Gazetteer.
- Nearest larger cities: Fort Wayne, IN (7 mi); Huntington, IN (29 mi); Defiance, OH (37 mi); Warsaw, IN (45 mi); Marion, IN (49 mi); US Census Bureau population estimates.
- Nearest smaller towns: Woodburn, IN (10 mi); Grabill, IN (10 mi); Monroeville, IN (10 mi) — US Census Bureau populations.
What a personal loan costs in New Haven
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Indiana lending rules that apply in New Haven
The table lists the Indiana rules that apply to a loan made in New Haven, each with the regulator that published it.
| 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 |
How to compare offers in New Haven
Before you share your details with a lender in New Haven:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Indiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.