Ducktown at a glance
- Population: 451 (US Census Bureau, Vintage 2023 subcounty estimate), the 295th-largest of 344 places in Tennessee.
- 2020 Census base: 458 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population fell about 1.5% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Tennessee places: 295th out of 344 Census places (US Census Bureau).
- Size percentile: larger than about 14% of the Census places in Tennessee (US Census Bureau).
- Coordinates: latitude 35.0360, longitude -84.3848 (US Census Bureau Gazetteer).
- Nearest larger cities: McCaysville, GA (4 mi); Blue Ridge, GA (12 mi); Benton, TN (18 mi); Murphy, NC (21 mi); Etowah, TN (22 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Morganton, GA (14 mi); Talking Rock, GA (36 mi); Lake Santeetlah, NC (37 mi), per US Census Bureau estimates.
What a personal loan costs in Ducktown
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Tennessee lending rules that apply in Ducktown
Read the table as the compliance picture for a lender serving Ducktown: label, sourced figure, publisher and date.
| 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 Ducktown
Before you share your details with a lender in Ducktown:
- 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.