Camden at a glance
- Population: the Census estimates 3,683 residents, ranking 125th of 344 places in Tennessee (Vintage 2023).
- 2020 Census base: the 2020 count put the population at 3,674 (US Census Bureau).
- 2020 to 2023 change: an increase of about 0.2% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: 125th-largest of 344 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: larger than about 64% of the Census places in Tennessee (US Census Bureau).
- Coordinates: latitude 36.0663, longitude -88.1046 (US Census Bureau Gazetteer).
- Nearest larger cities: Huntingdon, TN (18 mi); Waverly, TN (18 mi); Paris, TN (19 mi); McKenzie, TN (23 mi); Lexington, TN (33 mi); US Census Bureau population estimates.
- Nearest smaller communities: Bruceton, TN (8 mi); New Johnsonville, TN (8 mi); Hollow Rock, TN (9 mi), each a US Census place.
What a personal loan costs in Camden
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Camden
The sourced rows below are the rules a licensed lender must follow when lending in Tennessee, and therefore in Camden.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Camden
These steps are the ones that most affect the offer you receive in Camden:
- 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.