Personalloaned Compare rates

TN · city page

Personal loans in Millersville, TN

In Millersville, a personal loan gives you a lump sum repaid over a set term, with the lender setting your APR from your credit, income and debts. Census estimates count about 6,299 residents in Millersville, making it the 89th-largest of 344 places in Tennessee. Every lender serving Tennessee must observe the state's rate caps and licensing rules, shown with their sources below.

By the Personalloaned Editorial Team · Last updated 2026-09-16

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Millersville at a glance

  • Population: roughly 6,299 people; 89th of 344 places in Tennessee (Census Vintage 2023 subcounty estimate).
  • 2020 Census base: 6,300 people counted in the 2020 Census (US Census Bureau).
  • 2020 to 2023 change: about the same as at the 2020 Census (US Census Bureau).
  • Rank among Tennessee places: 89th largest of 344 (US Census Bureau).
  • Size percentile: it is larger than about 74% of the places in Tennessee (US Census Bureau).
  • Coordinates: 36.3968, -86.7111 (US Census Bureau Gazetteer).
  • Nearest larger cities (120-mile radius): Goodlettsville, TN (4 mi); Greenbrier, TN (5 mi); White House, TN (5 mi); Hendersonville, TN (9 mi); Springfield, TN (11 mi) (US Census Bureau).
  • Nearest smaller communities: Ridgetop, TN (3 mi); Cross Plains, TN (10 mi); Orlinda, TN (14 mi) (Census populations).

What a personal loan costs in Millersville

With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.

Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.

Tennessee lending rules that apply in Millersville

The table lists the Tennessee rules that apply to a loan made in Millersville, each with the regulator that published it.

RuleDetailSource
State lending regulatorTennessee 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 statusLicensed; 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 licensingTDFI 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

How to compare offers in Millersville

Run through this list before signing anything in Millersville:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Tennessee using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Millersville?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Millersville are the same as elsewhere in Tennessee.
How much can I borrow with a personal loan in Millersville?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Millersville require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Millersville hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

Related