Personal loans in Akron, OH
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Akron, OH.
The median household in Akron earns $48,076 a year, 33% below the Ohio median of $71,389. About 23% of residents live below the federal poverty line, and 49.3% of households rent their home.
Ohio law that applies in Akron
| Rate cap | Small Loan Act: 28% a year on the first $1,000 of the balance and 22% on any amount above $1,000. |
|---|---|
| License required | Yes. |
| Loan sizes covered | The Small Loan Act covers loans of $5,000 or less. |
Full rules with statute citations: Personal Loans in Ohio. Cities in Ohio cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Akron
Here's what to have on hand before you start your personal loan request in Akron:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Akron
What Akron borrowers use it for
gifts and travel without maxing a card
Emergencieshandle the unexpected the same week
Moving costsdeposits, trucks and first-week expenses
Need money nowthe fastest options online
Loans for your situation
How to get a personal loan in Akron
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Akron
48 FDIC-insured bank branches from 14 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The Huntington National Bank | 11 | 106 S Main St, Akron 44308 |
| PNC Bank, National Association | 8 | 2900 W Market St, Akron 44333 |
| JPMorgan Chase Bank, National Association | 6 | 1805 Brittain Rd, Akron 44310 |
| KeyBank National Association | 5 | 379 S Main St, Akron 44311 |
| Fifth Third Bank, National Association | 4 | 121 S Main St, Akron 44308 |
| U.S. Bank National Association | 4 | 3100 Manchester Rd, Akron 44319 |
| Citizens Bank, National Association | 3 | 1504 Canton Rd, Akron 44312 |
| Peoples Bank | 1 | 158 E Cuyahoga Falls Ave, Akron 44310 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Akron
12 credit-union locations from 9 credit unions.
| Credit union | Location |
|---|---|
| Summit | 100 Wheeler St, Akron 44311 |
| Seven Seventeen | 1 N Hawkins Ave, Akron 44313 |
| National Police | 1810 Buchholzer Blvd, Akron 44310 |
| Towpath | 645 N Main St, Akron 44310 |
| Genfed Financial | 2492 Wedgewood Dr Ste B, Akron 44312 |
| Bfg | 445 S Main St, Akron 44311 |
| Buckeye State | 197 E Thornton St, Akron 44311 |
| Ohio Healthcare | 1174 Battles Ave, Akron 44314 |
| Firstenergy Family | 575 White Pond Dr Ste E, Akron 44320 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Summit County · Payday Loans in Akron
Frequently asked questions
Can I get a personal loan with bad credit in Akron?
Possibly. Lenders in our network consider applicants with fair and bad credit across Ohio, including Akron. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Akron, OH?
Licensed lenders capped at 21%-28% a year depending on license; Consumer Installment Loan Act 25%.
How fast can I get a personal loan in Akron?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
How can I get an emergency loan in Akron?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
How do I apply for a personal loan with bad credit in Akron?
Start by gathering your ID, proof of income and bank account details. Then complete our online form with accurate information about your income and the amount you need. Lenders in our network review your request, and many respond within minutes. Asking for an amount that fits your income can improve your chances. If you're approved, you'll review the full terms before signing.
What is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Personal loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Akron borrowers who qualify.
How long does it take to get a personal loan in Akron?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Akron.
Can I get an emergency loan with bad credit in Akron?
Yes, many emergency loan lenders consider borrowers with bad credit. They often put more weight on your current income and ability to repay than on past credit problems. Approval isn't guaranteed, but applying through our network lets you reach multiple lenders with a single request instead of applying again and again. Akron residents can see if they qualify in about 3 minutes.
Do I need to visit a store in Akron?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.