Orestes at a glance
- Population: the Census estimates 338 residents, ranking 452nd of 565 places in Indiana (Vintage 2023).
- 2020 Census base: 330 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: population rose about 2.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Indiana places: the 452nd-largest of 565 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 20% of Indiana's places have fewer residents (US Census Bureau).
- Coordinates: 40.2716, -85.7250 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Alexandria, IN (3 mi); Frankton, IN (4 mi); Elwood, IN (6 mi); Summitville, IN (6 mi); Fairmount, IN (11 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Country Club Heights, IN (10 mi); Woodlawn Heights, IN (11 mi); River Forest, IN (11 mi), each a US Census place.
What a personal loan costs in Orestes
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Indiana lending rules that apply in Orestes
The table lists the Indiana rules that apply to a loan made in Orestes, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Orestes
The steps below are worth completing first when you borrow in Orestes:
- 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.