Brownsville at a glance
- Population: 9,386 residents, the 65th-largest of 344 places in Tennessee (US Census Bureau, Vintage 2023).
- 2020 Census base: 9,787 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a decline of roughly 4.1% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Tennessee places: 65th of the state's 344 Census places (US Census Bureau).
- Size percentile: larger than about 81% of the Census places in Tennessee (US Census Bureau).
- Coordinates: mapped at 35.5890, -89.2579 by the US Census Bureau Gazetteer.
- Nearest larger cities: Jackson, TN (24 mi); Oakland, TN (30 mi); Atoka, TN (32 mi); Dyersburg, TN (32 mi); Arlington, TN (33 mi); US Census Bureau population estimates.
- Nearest smaller towns: Stanton, TN (12 mi); Bells, TN (13 mi); Alamo, TN (16 mi) — US Census Bureau populations.
What a personal loan costs in Brownsville
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Tennessee lending rules that apply in Brownsville
The table carries the Tennessee rate and licensing rules that apply to consumer loans made in Brownsville.
| 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 Brownsville
Before you share your details with a lender in Brownsville:
- 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.