Oak Hill at a glance
- Population: the Census estimates 4,457 residents, ranking 112th of 344 places in Tennessee (Vintage 2023).
- 2020 Census base: 4,885 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 8.8% lower than the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 112th in population of 344 places (US Census Bureau).
- Size percentile: ahead of around 67% of Tennessee places in population terms (US Census Bureau).
- Coordinates: 36.0684 latitude, -86.7931 longitude (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Forest Hills, TN (2 mi); Brentwood, TN (5 mi); Nolensville, TN (10 mi); Franklin, TN (11 mi); La Vergne, TN (13 mi) (US Census Bureau).
- Smaller places close by: Berry Hill, TN (4 mi); Belle Meade, TN (4 mi); Pegram, TN (15 mi) (US Census Bureau).
What a personal loan costs in Oak Hill
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Tennessee lending rules that apply in Oak Hill
The table lists the Tennessee rules that apply to a loan made in Oak Hill, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Oak Hill
Before you commit to a personal loan in Oak Hill, work through these steps:
- 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.