Jasper at a glance
- Population: about 3,621, 126th by size in Tennessee of 344 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 3,613 (US Census Bureau).
- 2020 to 2023 change: an increase of about 0.2% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: the 126th-largest of 344 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 63% of Tennessee's places have fewer residents (US Census Bureau).
- Coordinates: latitude 35.0683, longitude -85.6212 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Signal Mountain, TN (17 mi); Red Bank, TN (19 mi); Rossville, GA (20 mi); Chattanooga, TN (21 mi); East Ridge, TN (23 mi) (US Census Bureau).
- Smaller towns nearby: Kimball, TN (3 mi); New Hope, TN (5 mi); South Pittsburg, TN (7 mi) (US Census Bureau).
What a personal loan costs in Jasper
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Tennessee lending rules that apply in Jasper
The Tennessee rate caps and licensing rules that reach Jasper are listed below, each with its source and retrieval date.
| 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 Jasper
The order below is a sensible way to approach a loan in Jasper:
- 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.