Pegram at a glance
- Population: the Census estimates 2,034 residents, ranking 170th of 344 places in Tennessee (Vintage 2023).
- 2020 Census base: 2,074 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: a loss of about 1.9% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: 170th in population of 344 places (US Census Bureau).
- Size percentile: roughly 51% of Tennessee's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 36.1037, -87.0565 by the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Kingston Springs, TN (3 mi); White Bluff, TN (9 mi); Fairview, TN (9 mi); Ashland City, TN (11 mi); Belle Meade, TN (11 mi) (US Census Bureau).
- Nearest smaller communities: Burns, TN (15 mi); Berry Hill, TN (16 mi); Charlotte, TN (17 mi) (Census populations).
What a personal loan costs in Pegram
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Tennessee lending rules that apply in Pegram
Read the table as the compliance picture for a lender serving Pegram: label, sourced figure, publisher and date.
| 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 Pegram
Before you commit to a personal loan in Pegram, 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.