Personal loans in Wadsworth, OH
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Wadsworth, OH.
The median household in Wadsworth earns $79,490 a year, 11% above the Ohio median of $71,389. About 8% of residents live below the federal poverty line, and 32.1% of households rent their home.
Ohio law that applies in Wadsworth
| 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 Wadsworth
Most Wadsworth applicants can finish in one sitting if they have these ready:
- 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 Wadsworth
What Wadsworth borrowers use it for
cover a short gap before payday
Need money nowthe fastest options online
Emergencieshandle the unexpected the same week
Car repairskeep getting to work while the shop fixes it
Loans for your situation
How to get a personal loan in Wadsworth
- 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 Wadsworth
8 FDIC-insured bank branches from 7 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The Huntington National Bank | 2 | 129 High St, Wadsworth 44281 |
| PNC Bank, National Association | 1 | 1052 High St, Wadsworth 44281 |
| JPMorgan Chase Bank, National Association | 1 | 750 High St, Wadsworth 44281 |
| Citizens Bank, National Association | 1 | 214 High St, Wadsworth 44281 |
| Fifth Third Bank, National Association | 1 | 1068 High St, Wadsworth 44281 |
| KeyBank National Association | 1 | 793 Ambassador Dr, Wadsworth 44281 |
| First Financial Bank | 1 | 1092 High St, Wadsworth 44281 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Wadsworth
2 credit-union locations from 2 credit unions.
| Credit union | Location |
|---|---|
| Genfed Financial | 157 Great Oaks Trl, Wadsworth 44281 |
| Medina County | 1353 Reimer Rd, Wadsworth 44281 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Medina County · Payday Loans in Wadsworth
Frequently asked questions
Can I get a personal loan with bad credit in Wadsworth?
Possibly. Lenders in our network consider applicants with fair and bad credit across Ohio, including Wadsworth. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Wadsworth, 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 Wadsworth?
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 long does it take to get a personal loan in Wadsworth?
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 Wadsworth.
What credit score do I need for a personal loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Wadsworth with our free 3-minute form.
How do installment loans work in Wadsworth?
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. Wadsworth residents can see installment loan offers with our free 3-minute form.
Where can I find a loan for bad credit in Wadsworth?
You can apply at local banks and lenders in Wadsworth, 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.
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 Wadsworth borrowers who qualify.
Do I need to visit a store in Wadsworth?
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.