Personal loans in Falkville, AL

The Census counts 1,195 people in Falkville, the 242nd-largest figure among Alabama's 462 places. The first question in Falkville is not the rate on offer but whether the payment fits; about 1,195 people live here under Alabama lending law.

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.

Use the calculator on this page to price an amount and term before you commit in Falkville. A single loan can carry different costs on either side of a state line, and Falkville sits on the Alabama side of that line. The 2020 count to the 2023 estimate shows about 0.7% growth in Falkville. For a bigger market, look to Hartselle, AL about 5 miles away.

Falkville: population, trend and location

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

Falkville in state context

Within Alabama, Falkville holds roughly 0.0% of all residents, the 242nd-largest share among 462 places. For population change between 2020 and 2023, Falkville ranks 205th of 462 in Alabama (about the 56th percentile). At about 280 people per square mile, Falkville is the 209th most densely settled place in Alabama. Within 50 miles sit 55 smaller Census places, alongside the 40 that are larger.

The state rulebook for Falkville

Below are the Alabama rules that apply to a loan made in Falkville, each with the regulator that issued it.

RuleDetailSource
State lending regulatorAlabama State Banking Department — Bureau of Loans (BOL)
Source says: "The Bureau of Loans (hereinafter “the BOL”) was established in 1945". The BOL administers the Small Loan Act, Consumer Credit Act, Pawn Shop Act, Mortgage Brokers Licensing Act, Deferred Presentment Services Act and SAFE Act.
Alabama State Banking Department
as of 2026-09-16
Payday lending statusPermitted — deferred presentment services licensed by the supervisor; maximum advance $500; maximum fee 17.5% of amount advanced
Source says: "a maximum fee on any deferred presentment transaction not to exceed 17.5 percent of the amount advanced"; "The maximum amount that may be advanced in any deferred presentment transaction is five hundred dollars ($500)".
Alabama State Banking Department — Deferred Presentment Services Act (Code of Alabama §§ 5-18A-1 et seq.)
as of 2026-09-16
Small-loan / installment lender licensingAlabama Small Loan Act license required from the supervisor for loans under $1,500; interest capped at 3% per month on the first $200 and 2% per month on $200–$1,500
Source says: "No person shall engage in the business of lending in amounts of less than one thousand five hundred dollars ($1,500)"; "without first having obtained a license from the supervisor"; "not exceeding three percent a month on that part of the unpaid principal balance not in excess of two hundred dollars".
Alabama State Banking Department — Alabama Small Loan Act (Code of Alabama §§ 5-18-1 et seq.)
as of 2026-09-16

What a Falkville borrower is actually offered

In Falkville, a small community of about 1,195, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Falkville can be quoted different APRs on the same amount and term. Shortening the term on a Falkville loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Lender access in Falkville

Falkville is lightly settled, with about 280 people per square mile and 40 larger places within 50 miles. Distance to a branch rarely matters for Falkville's 1,195 residents: the application is online and the price follows your credit file. For a larger market, the closest option is Hartselle, AL about 5 miles away.

Land, water and location for Falkville

The Census Gazetteer records 4.3 square miles of land and 0.03 square miles of water within Falkville. The resulting density is about 280 people per square mile. For the state's biggest city, Huntsville, the distance is roughly 26 miles. Within 50 miles of Falkville there are 40 larger Census places. Within the same 50 miles lie 55 smaller Census 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 Falkville 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 Falkville is the same as anywhere in Alabama.
What loan size can I expect in Falkville?
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 Falkville?
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 Falkville 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.

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