Personal loans in Solon, OH
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Solon, OH.
The median household in Solon earns $139,089 a year, 95% above the Ohio median of $71,389. About 3% of residents live below the federal poverty line, and 15.7% of households rent their home.
Ohio law that applies in Solon
| 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 Solon
Here's what to have on hand before you start your personal loan request in Solon:
- 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 Solon
What Solon borrowers use it for
the fastest options online
Rent duecover a short gap before payday
Moving costsdeposits, trucks and first-week expenses
Emergencieshandle the unexpected the same week
Loans for your situation
How to get a personal loan in Solon
- 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 Solon
11 FDIC-insured bank branches from 11 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| First National Bank of Pennsylvania | 1 | 34180 Aurora Rd, Solon 44139 |
| KeyBank National Association | 1 | 33275 Aurora Rd, Solon 44139 |
| PNC Bank, National Association | 1 | 33400 Aurora Rd, Solon 44139 |
| The Huntington National Bank | 1 | 33175 Aurora Rd, Solon 44139 |
| U.S. Bank National Association | 1 | 6211 Som Center Rd, Solon 44139 |
| Fifth Third Bank, National Association | 1 | 6445 Som Center Rd, Solon 44139 |
| Citizens Bank, National Association | 1 | 6241 Som Center Rd, Solon 44139 |
| Flagstar Bank, National Association | 1 | 34400 Aurora Rd, Solon 44139 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Solon
2 credit-union locations from 1 credit unions.
| Credit union | Location |
|---|---|
| Solon/Chagrin Falls | 33800 Inwood Dr, Solon 44139 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Cuyahoga County · Payday Loans in Solon
Frequently asked questions
Can I get a personal loan with bad credit in Solon?
Possibly. Lenders in our network consider applicants with fair and bad credit across Ohio, including Solon. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Solon, 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 Solon?
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 Solon borrowers who qualify.
How do I apply for a personal loan with bad credit in Solon?
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.
Can I get a personal loan in Solon with bad credit?
Yes, it's possible. Many lenders in our network work with borrowers who have fair, poor or limited credit, and they look at factors like income and employment, not just your score. Approval and rates depend on your full profile, and nothing is guaranteed, but checking your options is free. Solon residents can see if they qualify for $100 to $5,000 in about 3 minutes.
Can I get an emergency loan with bad credit in Solon?
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. Solon residents can see if they qualify in about 3 minutes.
Where can I find a loan for bad credit in Solon?
You can apply at local banks and lenders in Solon, 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.
Do I need to visit a store in Solon?
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.