Whiteville at a glance
- Population: roughly 4,561 people; 108th of 344 places in Tennessee (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 4,578 residents here (US Census Bureau).
- 2020 to 2023 change: down roughly 0.4% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Tennessee places: 108th of the state's 344 Census places (US Census Bureau).
- Size percentile: it is larger than about 69% of the places in Tennessee (US Census Bureau).
- Coordinates: latitude 35.3179, longitude -89.1497 (US Census Bureau Gazetteer).
- Nearest larger cities: Bolivar, TN (9 mi); Brownsville, TN (20 mi); Oakland, TN (23 mi); Henderson, TN (29 mi); Arlington, TN (29 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Hickory Valley, TN (11 mi); Toone, TN (11 mi); Somerville, TN (14 mi), per US Census Bureau estimates.
What a personal loan costs in Whiteville
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 Whiteville
The sourced rows below are the rules a licensed lender must follow when lending in Tennessee, and therefore in Whiteville.
| 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 Whiteville
Before you commit to a personal loan in Whiteville, 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 Tennessee using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.