Walden at a glance
- Population: 1,979 (US Census Bureau, Vintage 2023 subcounty estimate), the 172nd-largest of 344 places in Tennessee.
- 2020 Census base: 1,981 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down roughly 0.1% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Tennessee places: 172nd largest of 344 (US Census Bureau).
- Size percentile: roughly 50% of Tennessee's places have fewer residents (US Census Bureau).
- Coordinates: 35.1635, -85.3099 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Signal Mountain, TN (2 mi); Red Bank, TN (4 mi); Chattanooga, TN (8 mi); Soddy-Daisy, TN (10 mi); Lookout Mountain, TN (12 mi) (US Census Bureau).
- Nearest smaller towns: Ridgeside, TN (10 mi); Lakesite, TN (10 mi); Powells Crossroads, TN (10 mi) — US Census Bureau populations.
What a personal loan costs in Walden
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Tennessee lending rules that apply in Walden
The table carries the Tennessee rate and licensing rules that apply to consumer loans made in Walden.
| 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 Walden
The steps below are worth completing first when you borrow in Walden:
- 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.