Saulsbury at a glance
- Population: about 113 residents, ranking 338th of 344 Census places in Tennessee (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 112 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 0.9% growth over the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: the 338th-largest of 344 (US Census Bureau, 2023 estimate).
- Size percentile: about 2% of Tennessee's Census places are smaller (US Census Bureau).
- Coordinates: 35.0488 / -89.0883, per the US Census Bureau Gazetteer.
- Nearest larger cities: Grand Junction, TN (6 mi); La Grange, TN (9 mi); Middleton, TN (11 mi); Walnut, MS (12 mi); Bolivar, TN (15 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Hickory Valley, TN (8 mi); Silerton, TN (26 mi); Paden, MS (54 mi) (US Census Bureau).
What a personal loan costs in Saulsbury
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
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 Saulsbury
Read the table as the compliance picture for a lender serving Saulsbury: label, sourced figure, publisher and date.
| 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 Saulsbury
The order below is a sensible way to approach a loan in Saulsbury:
- 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.