Stanton at a glance
- Population: 413, the 302nd-largest community in Tennessee out of 344 (US Census Bureau, Vintage 2023).
- 2020 Census base: 416 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: roughly 0.7% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Tennessee places: 302nd of the state's 344 Census places (US Census Bureau).
- Size percentile: about 12% of Tennessee's Census places are smaller (US Census Bureau).
- Coordinates: latitude 35.4613, longitude -89.4014 (US Census Bureau Gazetteer).
- Nearest larger cities: Mason, TN (9 mi); Brownsville, TN (12 mi); Gallaway, TN (15 mi); Covington, TN (16 mi); Somerville, TN (16 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Braden, TN (12 mi); Williston, TN (21 mi); Garland, TN (22 mi), per US Census Bureau estimates.
What a personal loan costs in Stanton
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Stanton
The table lists the Tennessee rules that apply to a loan made in Stanton, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Stanton
These steps are the ones that most affect the offer you receive in Stanton:
- 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.