Tracy City at a glance
- Population: 1,435, the 206th-largest community in Tennessee out of 344 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 1,402 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 2.4% since the 2020 count (US Census Bureau).
- Rank among Tennessee places: 206th of the state's 344 Census places (US Census Bureau).
- Size percentile: it is larger than about 40% of the places in Tennessee (US Census Bureau).
- Coordinates: it sits at 35.2630, -85.7557 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Gruetli-Laager, TN (10 mi); Whitwell, TN (14 mi); Jasper, TN (15 mi); Kimball, TN (16 mi); Cowan, TN (16 mi) (US Census Bureau populations).
- Smaller towns nearby: Monteagle, TN (6 mi); Coalmont, TN (6 mi); Altamont, TN (12 mi) (US Census Bureau).
What a personal loan costs in Tracy City
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Tennessee lending rules that apply in Tracy City
Read the table as the compliance picture for a lender serving Tracy City: label, sourced figure, publisher and date.
| 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 Tracy City
Before you share your details with a lender in Tracy City:
- 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.