Alexandria at a glance
- Population: 990, the 232nd-largest community in Tennessee out of 344 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 981 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 0.9% higher than at the 2020 Census (US Census Bureau).
- Rank among Tennessee places: 232nd of 344 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 33% of places in Tennessee rank below it by population (US Census Bureau).
- Coordinates: mapped at 36.0772, -86.0318 by the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Watertown, TN (6 mi); Gordonsville, TN (9 mi); South Carthage, TN (12 mi); Carthage, TN (13 mi); Smithville, TN (14 mi) (US Census Bureau).
- Nearest smaller towns: Liberty, TN (6 mi); Dowelltown, TN (7 mi); Auburntown, TN (9 mi) — US Census Bureau populations.
What a personal loan costs in Alexandria
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Tennessee lending rules that apply in Alexandria
The table carries the Tennessee rate and licensing rules that apply to consumer loans made in Alexandria.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 10.75% per annum (maximum effective formula rate for written contracts, announced September 15, 2026) Source says: the maximum effective formula rate of interest in Tennessee is 10.75 percent per annum | Tennessee Department of Financial Institutions (TDFI) as of 2026-09-16 |
| Payday lending status | Licensed; deferred presentment services (payday) lenders must obtain a TDFI license, including internet lenders (Tenn. Code Ann. § 45-17-103) Source says: deferred presentment services in this state through the use of the internet, facsimile, telephone, or other means without having first obtained a license | Tennessee Department of Financial Institutions (TDFI) as of 2026-09-16 |
| Small-loan / installment lender licensing | TDFI Compliance Division licenses industrial loan & thrift companies, deferred presentment companies, flexible credit companies, and other consumer lenders Source says: The Compliance Division is responsible for the licensing and regulatory supervision of the following types of financial institutions operating in Tennessee | Tennessee Department of Financial Institutions (TDFI) as of 2026-09-16 |
| State lending regulator | Tennessee Department of Financial Institutions (TDFI) Source says: The Department regulates banks, credit unions, trust companies, business and industrial development corporations, industrial loan and thrift companies | Tennessee Department of Financial Institutions (TDFI) as of 2026-09-16 |
How to compare offers in Alexandria
The order below is a sensible way to approach a loan in Alexandria:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Tennessee using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.