Harrogate at a glance
- Population: 4,403 residents, the 113th-largest of 344 places in Tennessee (US Census Bureau, Vintage 2023).
- 2020 Census base: 4,393 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: an increase of about 0.2% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: 113th of 344 by population (US Census Bureau, Vintage 2023).
- Size percentile: it exceeds roughly 67% of Tennessee's Census places by population (US Census Bureau).
- Coordinates: it sits at 36.5752, -83.6462 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Middlesborough, KY (5 mi); La Follette, TN (30 mi); Williamsburg, KY (31 mi); Morristown, TN (32 mi); Jefferson City, TN (33 mi) (US Census Bureau).
- Smaller towns nearby: Cumberland Gap, TN (2 mi); Tazewell, TN (9 mi); New Tazewell, TN (10 mi) (US Census Bureau).
What a personal loan costs in Harrogate
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Tennessee lending rules that apply in Harrogate
The table lists the Tennessee rules that apply to a loan made in Harrogate, each with the regulator that published it.
| 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 Harrogate
The steps below are worth completing first when you borrow in Harrogate:
- 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.