Hartsville/Trousdale at a glance
- Population: about 12,271 residents, ranking 51st of 344 Census places in Tennessee (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 11,609 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a gain of roughly 5.7% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Tennessee places: 51st largest of 344 (US Census Bureau).
- Size percentile: roughly 85% of places in Tennessee rank below it by population (US Census Bureau).
- Coordinates: 36.3930 / -86.1567, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Lebanon, TN (17 mi); Gallatin, TN (17 mi); Mount Juliet, TN (24 mi); Portland, TN (25 mi); Hendersonville, TN (25 mi) (US Census Bureau).
- Smaller places close by: Lafayette, TN (11 mi); Westmoreland, TN (13 mi); Carthage, TN (15 mi) (US Census Bureau).
What a personal loan costs in Hartsville/Trousdale
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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 Hartsville/Trousdale
The table carries the Tennessee rate and licensing rules that apply to consumer loans made in Hartsville/Trousdale.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Hartsville/Trousdale
The steps below are worth completing first when you borrow in Hartsville/Trousdale:
- 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.