Ramer at a glance
- Population: 328 residents, the 313th-largest of 344 places in Tennessee (US Census Bureau, Vintage 2023).
- 2020 Census base: 327 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: up about 0.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Tennessee places: 313th-largest of 344 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 9% of Tennessee's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 35.0719, -88.6149.
- Nearest larger cities: Eastview, TN (4 mi); Guys, TN (6 mi); Selmer, TN (7 mi); Corinth, MS (10 mi); Michie, TN (11 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Kossuth, MS (14 mi); Hornsby, TN (16 mi); Finger, TN (20 mi), per US Census Bureau estimates.
What a personal loan costs in Ramer
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Ramer
The sourced rows below are the rules a licensed lender must follow when lending in Tennessee, and therefore in Ramer.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Ramer
The order below is a sensible way to approach a loan in Ramer:
- 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.