Tennessee Ridge at a glance
- Population: 1,345 residents, the 215th-largest of 344 places in Tennessee (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,327 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up roughly 1.4% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Tennessee places: 215th out of 344 Census places (US Census Bureau).
- Size percentile: roughly 38% of places in Tennessee rank below it by population (US Census Bureau).
- Coordinates: 36.3181, -87.7679 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Dover, TN (12 mi); Waverly, TN (16 mi); McEwen, TN (16 mi); New Johnsonville, TN (24 mi); Charlotte, TN (26 mi) — straight-line distances, US Census Bureau populations.
- Smaller towns nearby: Erin, TN (4 mi); Cumberland City, TN (8 mi); Slayden, TN (17 mi) (US Census Bureau).
What a personal loan costs in Tennessee Ridge
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Tennessee lending rules that apply in Tennessee Ridge
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Tennessee Ridge
These steps are the ones that most affect the offer you receive in Tennessee Ridge:
- 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.