Crump at a glance
- Population: roughly 925 people; 241st of 344 places in Tennessee (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 903 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 2.4% higher than at the 2020 Census (US Census Bureau).
- Rank among Tennessee places: the 241st-largest of 344 (US Census Bureau, 2023 estimate).
- Size percentile: it exceeds roughly 30% of Tennessee's Census places by population (US Census Bureau).
- Coordinates: 35.2249 latitude, -88.3308 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Adamsville, TN (3 mi); Savannah, TN (5 mi); Selmer, TN (15 mi); Corinth, MS (22 mi); Clifton, TN (22 mi) (US Census Bureau).
- Nearest smaller towns: Stantonville, TN (7 mi); Milledgeville, TN (11 mi); Saltillo, TN (12 mi) (US Census Bureau).
What a personal loan costs in Crump
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 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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Crump
Read the table as the compliance picture for a lender serving Crump: label, sourced figure, publisher and date.
| 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 Crump
A few practical steps will make the process in Crump 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 Tennessee using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.