Monticello at a glance
- Population: a Census-estimated 2,833, placing it 209th among Georgia's 536 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 2,535 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 11.8% higher than at the 2020 Census (US Census Bureau).
- Rank among Georgia places: 209th of the state's 536 Census places (US Census Bureau).
- Size percentile: roughly 61% of Georgia's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 33.2959, -83.6866.
- Nearest larger cities (120-mile radius): Jackson, GA (16 mi); Eatonton, GA (17 mi); Gray, GA (22 mi); Forsyth, GA (23 mi); Madison, GA (23 mi) (US Census Bureau).
- Smaller places close by: Shady Dale, GA (9 mi); Flovilla, GA (13 mi); Newborn, GA (15 mi) (US Census Bureau).
What a personal loan costs in Monticello
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Georgia lending rules that apply in Monticello
The table carries the Georgia rate and licensing rules that apply to consumer loans made in Monticello.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Monticello
The steps below are worth completing first when you borrow in Monticello:
- 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.