Personal loans in Chatom, AL

Chatom lost roughly 2.6% of its population across the 2020-to-2023 comparison. Decide the purpose of the loan and your repayment plan before sharing any details with a Chatom lender. The closest larger city is Jackson, AL about 21 miles away. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Chatom's 1,068 residents.

Chatom by the numbers

Chatom is a small community; the notes below cover its population profile and the statewide rules that apply.

• Population: a Census-estimated 1,068, 249th among Alabama's 462 places (Vintage 2023).
• Population trend: About 2.6% below the 2020 Census base.
• Net change: roughly 28 fewer people than the 2020 Census counted.
• Size percentile: about 46% of Alabama's Census places are smaller than Chatom.
• Density: the Census land area of 10.7 sq mi holds about 100 people per square mile.
• Land area rank: Chatom's 10.7 square miles rank 137th of 462 places in Alabama.
• State share: roughly 0.0% of Alabama's residents live in Chatom (1,068 people).
• National rank: Chatom is 9,961st of 19,457 places nationwide.
• Growth in Alabama: Chatom stands 352nd by percentage change from 2020 to 2023, among 462 places.
• Versus Alabama: the state average change is +1.0%, while Chatom moved 2.6%.
• Density rank: Chatom is the 397th most densely settled place in Alabama.
• Density in context: Chatom's 100 people per square mile sit against a Alabama median of 259.
• Location: 31.4691, -88.2460 (Census Gazetteer coordinates).
• Nearest larger cities: Jackson (21 mi); Citronelle (26 mi); Waynesboro (27 mi); Leakesville (29 mi); Mount Vernon (30 mi). Lenders licensed in the state serve Chatom whether or not they keep a local branch.
• Nearest smaller towns: Millry (12 mi); State Line (14 mi); McIntosh (19 mi) — useful context for the surrounding area.
• Smaller places within 50 miles: 16 of them.
• At 100 miles: 85 larger Census places fall inside that radius.

What to do before borrowing in Chatom

A sensible order of operations for a loan in Chatom, home to about 1,068 people:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Get several pre-qualifications and compare APR side by side before choosing.
4. Verify the lender's Alabama licence with the regulator listed on this page.
5. Borrow only what the purpose requires, not the maximum you are offered.
6. Write down the purpose of the loan and your repayment plan before you apply.
7. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.

In Chatom as elsewhere in Alabama, the written terms — not the advertisement — are what count for its 1,068 residents.

What Alabama law requires in Chatom

Read the table as a lender's compliance picture for Chatom: the rule, the sourced figure, the publisher and the date.

What a Chatom borrower is actually offered

In Chatom, a small community of about 1,068, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Two numbers drive a Chatom loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Chatom loan but raises total interest, so the smallest payment is not the cheapest loan.

Chatom against the rest of Alabama

Within Alabama, Chatom holds roughly 0.0% of all residents, the 249th-largest share among 462 places. On the 2020-to-2023 trend, Chatom stands 352nd among Alabama's 462 places — roughly the 24th percentile. At about 100 people per square mile, Chatom is the 397th most densely settled place in Alabama. Within 50 miles sit 16 smaller Census places, alongside the 18 that are larger.

Where Chatom sits

Inside Chatom's boundaries lie about 10.7 square miles of land, with no significant water area recorded. That land carries about 100 people per square mile. The state's population centre of gravity, Huntsville, is roughly 241 miles away. A 50-mile radius around Chatom takes in 18 places that are larger. Within the same 50 miles lie 16 smaller Census places.