Donalsonville at a glance
- Population: the Census estimates 2,826 residents, ranking 210th of 536 places in Georgia (Vintage 2023).
- 2020 Census base: 2,836 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: population fell about 0.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Georgia places: 210th of 536 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 61% of places in Georgia rank below it by population (US Census Bureau).
- Coordinates: latitude 31.0397, longitude -84.8784 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Bainbridge, GA (20 mi); Blakely, GA (24 mi); Chattahoochee, FL (24 mi); Marianna, FL (30 mi); Dothan, AL (34 mi) (US Census Bureau).
- Nearest smaller communities: Iron City, GA (4 mi); Jakin, GA (7 mi); Brinson, GA (9 mi) (Census populations).
What a personal loan costs in Donalsonville
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.
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.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Georgia lending rules that apply in Donalsonville
The table lists the Georgia rules that apply to a loan made in Donalsonville, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Donalsonville
Here is a short checklist for comparing personal loans in Donalsonville:
- 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.