Byrdstown at a glance
- Population: 812 — 250th in Tennessee, which has 344 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 792 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 2.5% more residents than the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 250th of the state's 344 Census places (US Census Bureau).
- Size percentile: about 27% of Tennessee's Census places are smaller (US Census Bureau).
- Coordinates: latitude 36.5736, longitude -85.1342 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Albany, KY (8 mi); Jamestown, TN (15 mi); Livingston, TN (17 mi); Burkesville, KY (20 mi); Celina, TN (21 mi) (US Census Bureau).
- Smaller places close by: Allardt, TN (19 mi); Sunbright, TN (34 mi); Gamaliel, KY (37 mi) (US Census Bureau).
What a personal loan costs in Byrdstown
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Tennessee lending rules that apply in Byrdstown
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Byrdstown
The steps below are worth completing first when you borrow in Byrdstown:
- 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.