Powder Springs at a glance
- Population: 18,950, the 57th-largest community in Georgia out of 536 (US Census Bureau, Vintage 2023).
- 2020 Census base: 16,907 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: population rose about 12.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Georgia places: 57th by size among 536 communities (US Census Bureau).
- Size percentile: larger than about 89% of the Census places in Georgia (US Census Bureau).
- Coordinates: 33.8644 latitude, -84.6812 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Douglasville, GA (9 mi); Smyrna, GA (9 mi); Marietta, GA (10 mi); Kennesaw, GA (12 mi); Acworth, GA (14 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Austell, GA (4 mi); Hiram, GA (4 mi); Dallas, GA (10 mi) — US Census Bureau populations.
What a personal loan costs in Powder Springs
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
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.
Georgia lending rules that apply in Powder Springs
Each row below is a Georgia rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Powder Springs
The steps below are worth completing first when you borrow in Powder Springs:
- 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.