Pikeville at a glance
- Population: the Census estimates 1,880 residents, ranking 179th of 344 places in Tennessee (Vintage 2023).
- 2020 Census base: 1,823 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up about 3.1% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Tennessee places: 179th of the state's 344 Census places (US Census Bureau).
- Size percentile: it is larger than about 48% of the places in Tennessee (US Census Bureau).
- Coordinates: mapped at 35.6154, -85.1934 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Dayton, TN (13 mi); Spring City, TN (19 mi); Dunlap, TN (20 mi); Soddy-Daisy, TN (24 mi); Crossville, TN (25 mi) (US Census Bureau populations).
- Nearest smaller towns: Graysville, TN (13 mi); Spencer, TN (17 mi); Decatur, TN (23 mi) — US Census Bureau populations.
What a personal loan costs in Pikeville
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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 Pikeville
Each row below is a Tennessee rule with its publisher and the date it was retrieved.
| 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 Pikeville
Before you share your details with a lender in Pikeville:
- 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.