Pomeroy at a glance
- Population: a Census-estimated 1,526, placing it 444th among Ohio's 924 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 1,571 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down roughly 2.9% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Ohio places: 444th largest of 924 (US Census Bureau).
- Size percentile: roughly 52% of Ohio's places have fewer residents (US Census Bureau).
- Coordinates: latitude 39.0347, longitude -82.0324 (US Census Bureau Gazetteer).
- Nearest larger cities: Middleport, OH (3 mi); Point Pleasant, WV (14 mi); Ravenswood, WV (15 mi); Gallipolis, OH (17 mi); Athens, OH (20 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Mason, WV (1 mi); Hartford City, WV (4 mi); Syracuse, OH (4 mi) — US Census Bureau populations.
What a personal loan costs in Pomeroy
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Ohio lending rules that apply in Pomeroy
The sourced rows below are the rules a licensed lender must follow when lending in Ohio, and therefore in Pomeroy.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| Small-loan / installment lender licensing | Consumer finance licenses required for non-depository lenders, including Consumer Installment Loan Act lenders, General Loan Law lenders, short-term lenders, and small loan lenders. Source says: "We issue and manage licenses for companies and individuals under multiple Ohio statutes." (page's regulated-statutes list names Consumer Installment Loan Act lenders, General Loan Law lenders, Short-term lenders, Small loan lenders). | Ohio Department of Commerce - Division of Financial Institutions as of 2026-09-16 |
| 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 |
How to compare offers in Pomeroy
These steps are the ones that most affect the offer you receive in Pomeroy:
- 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 Ohio using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.