Jenkins at a glance
- Population: roughly 1,791 people; 151st of 416 places in Kentucky (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,904 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: population fell about 5.9% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Kentucky places: the 151st-largest of 416 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 64% of Kentucky places in population terms (US Census Bureau).
- Coordinates: 37.1695 / -82.6480, per the US Census Bureau Gazetteer.
- Nearest larger cities: Wise, VA (14 mi); Norton, VA (16 mi); Pikeville, KY (22 mi); Big Stone Gap, VA (22 mi); Cumberland, KY (23 mi), each a US Census place with its estimated population.
- Nearest smaller places: Fleming-Neon, KY (4 mi); Pound, VA (4 mi); Whitesburg, KY (10 mi) (US Census Bureau estimates).
What a personal loan costs in Jenkins
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Kentucky lending rules that apply in Jenkins
The table lists the Kentucky rules that apply to a loan made in Jenkins, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Consumer Loan Company license — statutory basis | License required from the commissioner to make loans at a greater rate of interest than otherwise permitted by law Source says: "No person shall, without first obtaining a license from the commissioner, engage in the business of making loans ... at a greater rate of interest". | Kentucky Legislative Research Commission (Kentucky Revised Statutes) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Up to 19% per annum, or 4% over the 90-day commercial-paper discount rate, whichever is less (by written agreement) Source says: "At a per annum rate not to exceed four percent (4%) in excess of the discount rate on ninety (90) day commercial paper ... or nineteen percent (19%), whichever is less". | Kentucky Legislative Research Commission (Kentucky Revised Statutes) as of 2026-09-16 |
| Payday lending status | Permitted under license (deferred deposit service business; payday loans) Source says: "The Kentucky Department of Financial Institutions (DFI) has secured the services of Veritec Solutions, LLC to provide a common database with real-time access for deferred deposit transactions". | Kentucky Department of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Loan Company license required (KRS Chapter 286.4) Source says: "How to License a Consumer Loan Company: 1. Read KRS 286.4 and the applicable administrative regulations under KAR 808, Chapter 6". | Kentucky Department of Financial Institutions as of 2026-09-16 |
| State lending regulator | Kentucky Department of Financial Institutions (DFI) Source says: "The Department of Financial Institutions' mission is to serve Kentucky residents by promoting access to a stable financial industry, implementing effective and efficient regulatory oversight". | Kentucky Department of Financial Institutions as of 2026-09-16 |
How to compare offers in Jenkins
The order below is a sensible way to approach a loan in Jenkins:
- 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 Kentucky using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.