Hohenwald at a glance
- Population: 3,892 residents, the 120th-largest of 344 places in Tennessee (US Census Bureau, Vintage 2023).
- 2020 Census base: 3,668 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 6.1% growth over the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 120th-largest of 344 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 65% of the places in Tennessee (US Census Bureau).
- Coordinates: 35.5515, -87.5539 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Mount Pleasant, TN (21 mi); Lawrenceburg, TN (24 mi); Columbia, TN (29 mi); Dickson, TN (37 mi); Fairview, TN (38 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Linden, TN (17 mi); Lobelville, TN (19 mi); Waynesboro, TN (20 mi) — US Census Bureau populations.
What a personal loan costs in Hohenwald
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Tennessee lending rules that apply in Hohenwald
The Tennessee rate caps and licensing rules that reach Hohenwald are listed below, each with its source and retrieval date.
| 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 Hohenwald
Run through this list before signing anything in Hohenwald:
- 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.