Personal loans in Collinwood, TN

Collinwood, Tennessee — home to about 906 people — is a small community, so the terms you are offered follow Tennessee law rather than any local rule.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

With an estimated 906 residents, Collinwood is the 243rd-largest of 344 places in Tennessee. For a community of about 906, the practical step is to compare APR across at least three lenders before committing. Collinwood gained roughly 1.0% in population across the 2020-to-2023 comparison. Every figure below is Tennessee's own, applied to Collinwood's 906 residents, with the publisher and retrieval date attached. A larger market lies at Waynesboro, TN about 10 miles away.

The Collinwood data picture

Here is the sourced Census picture for Collinwood, plus the Tennessee lending rules that apply to a loan taken out here.

How lenders reach Collinwood

With about 326 residents per square mile, Collinwood is lightly settled, and 29 larger Census places sit within 50 miles. Distance to a branch rarely matters for Collinwood's 906 residents: the application is online and the price follows your credit file. The nearest larger city, Waynesboro, TN about 10 miles away.

What Tennessee law requires in Collinwood

These are Tennessee's sourced lending facts as they reach Collinwood's 906 residents; the state has no city-level rate rule.

RuleDetailSource
State lending regulatorTennessee 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 statusLicensed; 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

The anatomy of a Collinwood personal loan

Collinwood is a small community of about 906 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. A lender serving Collinwood's 906 residents must disclose the APR and finance charge in writing before you sign. The term you choose in Collinwood decides the split between a comfortable payment and the total interest you pay.

Collinwood's place among Tennessee's 344 places

Against Tennessee's other places, Collinwood accounts for about 0.0% of the state's population and ranks 243rd of 344 by size. Its 2020-to-2023 change ranks 202nd of 344 Tennessee places, putting it near the 41th percentile for growth. By density, at about 326 people per square mile, it ranks 253rd in Tennessee. Within 50 miles sit 31 smaller Census places, alongside the 29 that are larger.

Land, water and location for Collinwood

Collinwood covers about 2.8 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 326 people per square mile. For the state's biggest city, Memphis, the distance is roughly 126 miles. Within 50 miles of Collinwood there are 29 larger Census places. The 100-mile radius contains 149 larger places.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Collinwood if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Collinwood is the same as anywhere in Tennessee.
What loan size can I expect in Collinwood?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Collinwood?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Collinwood cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

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