Crab Orchard at a glance
- Population: 732, the 260th-largest community in Tennessee out of 344 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 718 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 1.9% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: 260th largest of 344 (US Census Bureau).
- Size percentile: it is larger than about 24% of the places in Tennessee (US Census Bureau).
- Coordinates: latitude 35.9066, longitude -84.8847 (US Census Bureau Gazetteer).
- Nearest larger cities: Crossville, TN (9 mi); Rockwood, TN (12 mi); Spring City, TN (15 mi); Harriman, TN (18 mi); Kingston, TN (21 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Pleasant Hill, TN (18 mi); Oakdale, TN (19 mi); Sunbright, TN (26 mi) (Census populations).
What a personal loan costs in Crab Orchard
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
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.
Tennessee lending rules that apply in Crab Orchard
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Crab Orchard
The order below is a sensible way to approach a loan in Crab Orchard:
- 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.