Burns at a glance
- Population: 1,813 (US Census Bureau, Vintage 2023 subcounty estimate), the 184th-largest of 344 places in Tennessee.
- 2020 Census base: 1,582 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: an increase of about 14.6% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: the 184th-largest of 344 (US Census Bureau, 2023 estimate).
- Size percentile: it exceeds roughly 47% of Tennessee's Census places by population (US Census Bureau).
- Coordinates: 36.0578 latitude, -87.3204 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Dickson, TN (3 mi); White Bluff, TN (7 mi); Kingston Springs, TN (12 mi); Fairview, TN (12 mi); Pegram, TN (15 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Charlotte, TN (9 mi); Vanleer, TN (14 mi); McEwen, TN (18 mi) (US Census Bureau estimates).
What a personal loan costs in Burns
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Tennessee lending rules that apply in Burns
The table lists the Tennessee rules that apply to a loan made in Burns, each with the regulator that published it.
| 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 Burns
The steps below are worth completing first when you borrow in Burns:
- 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.