New Johnsonville at a glance
- Population: a Census-estimated 1,806, placing it 185th among Tennessee's 344 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 1,805 residents here (US Census Bureau).
- 2020 to 2023 change: population rose about 0.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Tennessee places: 185th by size among 344 communities (US Census Bureau).
- Size percentile: about 46% of Tennessee's Census places are smaller (US Census Bureau).
- Coordinates: mapped at 36.0165, -87.9695 by the US Census Bureau Gazetteer.
- Nearest larger cities: Camden, TN (8 mi); Waverly, TN (12 mi); Huntingdon, TN (25 mi); Parsons, TN (27 mi); Paris, TN (27 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Bruceton, TN (16 mi); Big Sandy, TN (16 mi); Hollow Rock, TN (17 mi) (US Census Bureau).
What a personal loan costs in New Johnsonville
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Tennessee lending rules that apply in New Johnsonville
The Tennessee rate caps and licensing rules that reach New Johnsonville are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in New Johnsonville
These steps are the ones that most affect the offer you receive in New Johnsonville:
- 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.