- Payday loans in Roseland follow Indiana law (Indiana Small Loan law (IC 24-4.5-7)).
- Borrowing $300 at the state maximum costs $44.
- The nearest larger city is South Bend, about 3 miles away.
Roseland at a glance
| Roseland | |
|---|---|
| Population (2024 Census estimate) | 853 |
| Change since 2020 | +0.2% (holding steady) |
| County | St. Joseph County |
| Size rank among 482 Indiana places we cover | 332nd |
| Nearest larger city | South Bend (about 3 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in St. Joseph County | 7 |
| Other towns within 25 miles | 14 (about 267,781 residents) |
| Typical payday APR statewide (CRL 2023) | 372% |
Payday lending in Roseland follows Indiana state law. Lenders that serve Roseland, in a store or online, must be licensed by the Indiana Department of Financial Institutions.
Credit unions near Roseland
No credit union has its main office in Roseland, but these are based elsewhere in St. Joseph County (NCUA, June 2026):
- South Bend Transit Federal Credit Union in South Bend (federal charter — may offer payday alternative loans (PALs))
- South Bend Firefighters Federal Credit Union in South Bend (federal charter — may offer payday alternative loans (PALs))
- Communitywide Federal Credit Union in South Bend (federal charter — may offer payday alternative loans (PALs))
- Policemen'S Federal Credit Union in South Bend (federal charter — may offer payday alternative loans (PALs))
- Notre Dame Federal Credit Union in Notre Dame (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Roseland
The main Indiana rules for a payday loan in Roseland: maximum loan: $605, and no more than 20% of your gross monthly income; maximum fee: 15% of the first $250, 13% of $251–$400, 10% of $401–$605; minimum term: 14 days. See the full Indiana payday loan rules.
What a $300 loan costs in Roseland
The Center for Responsible Lending put the typical APR on a $400 payday loan in Indiana at 372% (June 2023). For $300 at the state maximum, expect $44. Check any offer with our payday loan calculator.
Other help in St. Joseph County before you borrow
- Call or text 211 for help with rent, utilities and food in St. Joseph County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Roseland
- South Bend · 3 mi
- Mishawaka · 5 mi
- Osceola · 10 mi
- Lakeville · 13 mi
- New Carlisle · 13 mi
- Elkhart · 15 mi
The nearest larger city is South Bend, about 3 miles away. See all 482 Indiana cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Roseland?
Yes. Payday loans are legal in Roseland under Indiana state law, and lenders must be licensed by the Indiana Department of Financial Institutions.
How much does a payday loan cost in Roseland?
At Indiana’s maximum fee, borrowing $300 costs $44. The typical statewide APR was 372% in 2023.
Where is the nearest credit union to Roseland?
No credit union is headquartered in Roseland, but South Bend Transit Federal Credit Union is based in South Bend, also in St. Joseph County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Indiana DFI — Small loan law borrower rights
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary