Englewood at a glance
- Population: 1,553 people, the 201st-largest place among Tennessee's 344 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 1,478 residents here (US Census Bureau).
- 2020 to 2023 change: up about 5.1% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Tennessee places: the 201st-largest of 344 (US Census Bureau, 2023 estimate).
- Size percentile: it is larger than about 42% of the places in Tennessee (US Census Bureau).
- Coordinates: latitude 35.4229, longitude -84.4883 (US Census Bureau Gazetteer).
- Nearest larger cities: Etowah, TN (6 mi); Athens, TN (7 mi); Madisonville, TN (10 mi); Sweetwater, TN (12 mi); Decatur, TN (19 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Niota, TN (7 mi); Tellico Plains, TN (11 mi); Calhoun, TN (17 mi) (US Census Bureau).
What a personal loan costs in Englewood
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Tennessee lending rules that apply in Englewood
The table lists the Tennessee rules that apply to a loan made in Englewood, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Englewood
Before you share your details with a lender in Englewood:
- 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.