Personal loans in Powell, OH
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Powell, OH.
The median household in Powell earns $195,495 a year, 174% above the Ohio median of $71,389. About 1% of residents live below the federal poverty line, and 12.0% of households rent their home.
Ohio law that applies in Powell
| 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 Powell
Here's what to have on hand before you start your personal loan request in Powell:
- 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 Powell
What Powell 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 Powell
- 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 Powell
18 FDIC-insured bank branches from 11 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The Huntington National Bank | 3 | 8671 Owenfield Dr, Powell 43065 |
| First Commonwealth Bank | 3 | 10149 Brewster Ln, Powell 43065 |
| Fifth Third Bank, National Association | 2 | 3949 Powell Rd, Powell 43065 |
| JPMorgan Chase Bank, National Association | 2 | 4066 Powell Rd, Powell 43065 |
| KeyBank National Association | 2 | 8609 Owenfield Dr, Powell 43065 |
| Buckeye State Bank | 1 | 9494 Wedgewood Blvd, Powell 43065 |
| PNC Bank, National Association | 1 | 3932 Powell Rd, Powell 43065 |
| WesBanco Bank, Inc. | 1 | 10716 Sawmill Pkwy, Powell 43065 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Powell
3 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Kemba Financial | 4078 Powell Rd, Powell 43065 |
| Bridge | 10567 Sawmill Pkwy, Powell 43065 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Delaware County · Payday Loans in Powell
Frequently asked questions
Can I get a personal loan with bad credit in Powell?
Possibly. Lenders in our network consider applicants with fair and bad credit across Ohio, including Powell. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Powell, 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 Powell?
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.
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 Powell borrowers who qualify.
How can I get an emergency loan in Powell?
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 Powell?
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.
Where can I find a loan for bad credit in Powell?
You can apply at local banks and lenders in Powell, or go online to reach more lenders at once. Banks often have stricter credit requirements, while many online lenders consider all credit types. Our free form sends one request to multiple lenders in our network, so you don't have to apply one by one. Many applicants get a decision within minutes.
How do installment loans work in Powell?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Powell residents can see installment loan offers with our free 3-minute form.
Do I need to visit a store in Powell?
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.