Lake Park at a glance
- Population: 1,485 — 266th in Georgia, which has 536 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 932 (US Census Bureau).
- 2020 to 2023 change: population rose about 59.3% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Georgia places: 266th by size among 536 communities (US Census Bureau).
- Size percentile: larger than about 50% of the Census places in Georgia (US Census Bureau).
- Coordinates: mapped at 30.6856, -83.1877 by the US Census Bureau Gazetteer.
- Nearest larger cities: Valdosta, GA (13 mi); Echols County, GA (17 mi); Madison, FL (20 mi); Jasper, FL (22 mi); Quitman, GA (23 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Dasher, GA (4 mi); Jennings, FL (8 mi); Remerton, GA (13 mi), each a US Census place.
What a personal loan costs in Lake Park
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Georgia lending rules that apply in Lake Park
The table carries the Georgia rate and licensing rules that apply to consumer loans made in Lake Park.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Lake Park
These steps are the ones that most affect the offer you receive in Lake Park:
- 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.