Rayle at a glance
- Population: the Census estimates 157 residents, ranking 508th of 536 places in Georgia (Vintage 2023).
- 2020 Census base: 153 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up about 2.6% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Georgia places: 508th out of 536 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 5% of Georgia's Census places by population (US Census Bureau).
- Coordinates: 33.7913, -82.9085 (US Census Bureau Gazetteer).
- Nearest larger cities: Washington, GA (10 mi); Tignall, GA (11 mi); Lexington, GA (13 mi); Woodville, GA (15 mi); Union Point, GA (15 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller places: Sharon, GA (17 mi); Camak, GA (28 mi); Lowndesville, SC (33 mi) (US Census Bureau estimates).
What a personal loan costs in Rayle
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
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.
Georgia lending rules that apply in Rayle
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Installment Loan Act rate cap | 10% per annum of the face amount of the contract (licensed installment loans) Source says: "may charge interest at a rate not to exceed 10 percent per annum of the face amount of the contract". | Georgia Department of Banking and Finance as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Georgia's rate ceilings are set by O.C.G.A. Title 7, Chapter 4 (O.C.G.A. §§ 7-4-1 to 7-4-21); the Department of Banking and Finance does not publish the figure and the official code host could not be fetched, so no figure is asserted. | Georgia Department of Banking and Finance as of 2026-09-16 |
| Payday lending status | Prohibited (payday lending illegal in Georgia) Source says: "Payday lending is illegal in Georgia." | Georgia Department of Banking and Finance as of 2026-09-16 |
| Small-loan / installment lender licensing | Installment lender license required for loans of $3,000 or less Source says: "any entity making loans of $3,000.00 or less to individuals must be licensed with the Department as an installment lender". | Georgia Department of Banking and Finance as of 2026-09-16 |
| State lending regulator | Georgia Department of Banking and Finance (DBF) Source says: "The Non-depository division supervises mortgage lenders, mortgage brokers, and mortgage loan originators, as well as installment lenders, check cashers, and money transmitters". | Georgia Department of Banking and Finance as of 2026-09-16 |
How to compare offers in Rayle
Before you commit to a personal loan in Rayle, work through these steps:
- 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 Georgia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.