New Tazewell at a glance
- Population: roughly 2,803 people; 139th of 344 places in Tennessee (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 2,774 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: population rose about 1.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Tennessee places: 139th largest of 344 (US Census Bureau).
- Size percentile: it is larger than about 60% of the places in Tennessee (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 36.4381, -83.6052.
- Nearest larger cities within 120 miles: Harrogate, TN (10 mi); Middlesborough, KY (14 mi); Bean Station, TN (19 mi); Jefferson City, TN (23 mi); Morristown, TN (23 mi) (US Census Bureau).
- Nearest smaller towns: Tazewell, TN (3 mi); Cumberland Gap, TN (12 mi); Rutledge, TN (12 mi) — US Census Bureau populations.
What a personal loan costs in New Tazewell
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
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 New Tazewell
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 |
|---|---|---|
| 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 New Tazewell
A few practical steps will make the process in New Tazewell less costly:
- 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.