Coopertown at a glance
- Population: 4,698 people, the 106th-largest place among Tennessee's 344 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 4,477 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 4.9% more residents than the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 106th-largest of 344 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 69% of places in Tennessee rank below it by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 36.4142, -86.9658.
- Nearest larger cities (120-mile radius): Pleasant View, TN (5 mi); Springfield, TN (8 mi); Greenbrier, TN (10 mi); Ashland City, TN (12 mi); Millersville, TN (14 mi) (US Census Bureau).
- Nearest smaller places: Cedar Hill, TN (10 mi); Ridgetop, TN (11 mi); Adams, TN (13 mi) (US Census Bureau estimates).
What a personal loan costs in Coopertown
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Tennessee lending rules that apply in Coopertown
The table carries the Tennessee rate and licensing rules that apply to consumer loans made in Coopertown.
| 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 Coopertown
These steps are the ones that most affect the offer you receive in Coopertown:
- 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.