Middleton at a glance
- Population: about 716 residents, ranking 261st of 344 Census places in Tennessee (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 658 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 8.8% growth over the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 261st largest of 344 (US Census Bureau).
- Size percentile: ahead of around 24% of Tennessee places in population terms (US Census Bureau).
- Coordinates: 35.0693 latitude, -88.8942 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Bolivar, TN (15 mi); Selmer, TN (18 mi); Eastview, TN (19 mi); Bethel Springs, TN (20 mi); Whiteville, TN (22 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Walnut, MS (8 mi); Saulsbury, TN (11 mi); Hornsby, TN (12 mi) (US Census Bureau).
What a personal loan costs in Middleton
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Tennessee lending rules that apply in Middleton
The sourced rows below are the rules a licensed lender must follow when lending in Tennessee, and therefore in Middleton.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Middleton
Run through this list before signing anything in Middleton:
- 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.