Huntsville at a glance
- Population: 1,735 residents, the 189th-largest of 344 places in Tennessee (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,740 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 0.3% lower than the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 189th by size among 344 communities (US Census Bureau).
- Size percentile: roughly 45% of Tennessee's places have fewer residents (US Census Bureau).
- Coordinates: 36.4177 / -84.5098, per the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Oneida, TN (7 mi); Jacksboro, TN (19 mi); Caryville, TN (19 mi); La Follette, TN (22 mi); Jamestown, TN (24 mi) (US Census Bureau populations).
- Nearest smaller places: Winfield, TN (11 mi); Sunbright, TN (15 mi); Allardt, TN (21 mi) (US Census Bureau estimates).
What a personal loan costs in Huntsville
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Tennessee lending rules that apply in Huntsville
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Huntsville
The steps below are worth completing first when you borrow in Huntsville:
- 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.