Edison at a glance
- Population: 1,177 residents, the 284th-largest of 536 places in Georgia (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 1,231 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 4.4% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Georgia places: 284th of the state's 536 Census places (US Census Bureau).
- Size percentile: it is larger than about 47% of the places in Georgia (US Census Bureau).
- Coordinates: 31.5608, -84.7374 (US Census Bureau Gazetteer).
- Nearest larger cities: Morgan, GA (8 mi); Cuthbert, GA (15 mi); Blakely, GA (17 mi); Dawson, GA (23 mi); Georgetown-Quitman County, GA (26 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Bluffton, GA (8 mi); Arlington, GA (9 mi); Leary, GA (14 mi) — US Census Bureau populations.
What a personal loan costs in Edison
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
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.
Georgia lending rules that apply in Edison
Each row below is a Georgia rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Georgia Department of Banking and Finance (DBF) Source says: "The Non-depository division supervises mortgage lenders, mortgage brokers, and mortgage loan originators, as well as installment lenders, check cashers, and money transmitters". | Georgia Department of Banking and Finance as of 2026-09-16 |
| Installment Loan Act rate cap | 10% per annum of the face amount of the contract (licensed installment loans) Source says: "may charge interest at a rate not to exceed 10 percent per annum of the face amount of the contract". | Georgia Department of Banking and Finance as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Georgia's rate ceilings are set by O.C.G.A. Title 7, Chapter 4 (O.C.G.A. §§ 7-4-1 to 7-4-21); the Department of Banking and Finance does not publish the figure and the official code host could not be fetched, so no figure is asserted. | Georgia Department of Banking and Finance as of 2026-09-16 |
| Payday lending status | Prohibited (payday lending illegal in Georgia) Source says: "Payday lending is illegal in Georgia." | Georgia Department of Banking and Finance as of 2026-09-16 |
| Small-loan / installment lender licensing | Installment lender license required for loans of $3,000 or less Source says: "any entity making loans of $3,000.00 or less to individuals must be licensed with the Department as an installment lender". | Georgia Department of Banking and Finance as of 2026-09-16 |
How to compare offers in Edison
Before you share your details with a lender in Edison:
- 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 Georgia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.