Centerville at a glance
- Population: about 3,567 residents, ranking 128th of 344 Census places in Tennessee (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 3,525 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a gain of roughly 1.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Tennessee places: 128th by size among 344 communities (US Census Bureau).
- Size percentile: it exceeds roughly 63% of Tennessee's Census places by population (US Census Bureau).
- Coordinates: 35.8262, -87.4383 (Census Gazetteer, US Census Bureau).
- Nearest larger cities within 120 miles: Dickson, TN (17 mi); Hohenwald, TN (20 mi); Fairview, TN (20 mi); White Bluff, TN (23 mi); Mount Pleasant, TN (24 mi) (US Census Bureau).
- Nearest smaller communities: Burns, TN (17 mi); Lobelville, TN (21 mi); McEwen, TN (22 mi) (Census populations).
What a personal loan costs in Centerville
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Centerville
Each row below is a Tennessee rule with its publisher and the date it was retrieved.
| 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 Centerville
These steps are the ones that most affect the offer you receive in Centerville:
- 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.