Thompson's Station at a glance
- Population: about 8,580, 68th by size in Tennessee of 344 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 7,430 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 15.5% growth over the 2020 Census base (US Census Bureau).
- Rank among Tennessee places: 68th by size among 344 communities (US Census Bureau).
- Size percentile: it exceeds roughly 80% of Tennessee's Census places by population (US Census Bureau).
- Coordinates: 35.8125 / -86.9100, per the US Census Bureau Gazetteer.
- Nearest larger cities: Spring Hill, TN (5 mi); Franklin, TN (8 mi); Brentwood, TN (15 mi); Columbia, TN (15 mi); Nolensville, TN (17 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Eagleville, TN (15 mi); Chapel Hill, TN (17 mi); Forest Hills, TN (18 mi) (US Census Bureau estimates).
What a personal loan costs in Thompson's Station
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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 Thompson's Station
Each row below is a Tennessee rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Thompson's Station
Run through this list before signing anything in Thompson's Station:
- 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.