Carlton at a glance
- Population: 287 — 453rd in Georgia, which has 536 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 260 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up about 10.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Georgia places: the 453rd-largest of 536 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 15% of Georgia's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 34.0409, -83.0425 by the US Census Bureau Gazetteer.
- Nearest larger cities: Comer, GA (5 mi); Colbert, GA (10 mi); Elberton, GA (11 mi); Bowman, GA (11 mi); Danielsville, GA (12 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Lexington, GA (12 mi); Hull, GA (14 mi); Rayle, GA (19 mi) — US Census Bureau populations.
What a personal loan costs in Carlton
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Georgia lending rules that apply in Carlton
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Installment Loan Act rate cap | 10% per annum of the face amount of the contract (licensed installment loans) Source says: "may charge interest at a rate not to exceed 10 percent per annum of the face amount of the contract". | Georgia Department of Banking and Finance as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Georgia's rate ceilings are set by O.C.G.A. Title 7, Chapter 4 (O.C.G.A. §§ 7-4-1 to 7-4-21); the Department of Banking and Finance does not publish the figure and the official code host could not be fetched, so no figure is asserted. | Georgia Department of Banking and Finance as of 2026-09-16 |
| Payday lending status | Prohibited (payday lending illegal in Georgia) Source says: "Payday lending is illegal in Georgia." | Georgia Department of Banking and Finance as of 2026-09-16 |
| Small-loan / installment lender licensing | Installment lender license required for loans of $3,000 or less Source says: "any entity making loans of $3,000.00 or less to individuals must be licensed with the Department as an installment lender". | Georgia Department of Banking and Finance as of 2026-09-16 |
| State lending regulator | Georgia Department of Banking and Finance (DBF) Source says: "The Non-depository division supervises mortgage lenders, mortgage brokers, and mortgage loan originators, as well as installment lenders, check cashers, and money transmitters". | Georgia Department of Banking and Finance as of 2026-09-16 |
How to compare offers in Carlton
Before you commit to a personal loan in Carlton, 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 Georgia using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.