Cameron at a glance
- Population: 258, the 487th-largest community in North Carolina out of 549 (US Census Bureau, Vintage 2023).
- 2020 Census base: 241 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: population rose about 7.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among North Carolina places: 487th-largest of 549 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: larger than about 11% of the Census places in North Carolina (US Census Bureau).
- Coordinates: it sits at 35.3259, -79.2542 in the US Census Bureau Gazetteer.
- Nearest larger cities: Vass, NC (5 mi); Whispering Pines, NC (9 mi); Carthage, NC (9 mi); Southern Pines, NC (12 mi); Sanford, NC (12 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Goldston, NC (19 mi); Norman, NC (29 mi); Linden, NC (29 mi), each a US Census place.
What a personal loan costs in Cameron
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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.
North Carolina lending rules that apply in Cameron
The table lists the North Carolina rules that apply to a loan made in Cameron, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | For loans of $25,000 or less: greater of the 6-month U.S. Treasury bill rate + 6% or 16% (G.S. 24-1.1(c)); any agreed rate above $25,000 Source says: "plus six percent (6%), rounded upward or downward ... or sixteen percent (16%), whichever is greater" | North Carolina General Assembly as of 2026-09-16 |
| Payday lending status | Payday lenders shut down in North Carolina; online payday lending remains an enforcement target Source says: "Payday Lenders: Shut Down In NC, But Still Victimizing Borrowers Online" | North Carolina Department of Justice (Office of the Attorney General) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Finance Act license from the Commissioner of Banks required for loans of $25,000 or less charging more than Chapter 24 rates Source says: "Direct lenders seeking to charge rates higher than allowed under Chapter 24 on consumer term loans of twenty-five thousand dollars ($25,000) or less" | North Carolina Office of the Commissioner of Banks as of 2026-09-16 |
| State lending regulator | North Carolina Office of the Commissioner of Banks (NCCOB) Source says: "Lenders operating under the CFA must be licensed by and are subject to regulation by the NCCOB." | North Carolina Office of the Commissioner of Banks as of 2026-09-16 |
| Consumer Finance Act installment loan rates (G.S. 53-176) | 33% per annum on unpaid balance up to $4,000; 24% on $4,000-$8,000; 18% on the remainder (loans up to $12,000); 18% for loans above $12,000 Source says: "thirty-three percent (33%) per annum on that part of the unpaid principal balance not exceeding four thousand dollars ($4,000)" | North Carolina General Assembly as of 2026-09-16 |
How to compare offers in Cameron
A few practical steps will make the process in Cameron less costly:
- 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 North Carolina using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.