Personalloaner

Personal loans in Faunsdale, AL

Faunsdale counts about 84 people, and what is genuinely local about borrowing here is limited — Alabama law does the governing. With 84 residents, Faunsdale outranks about 4% of the communities in Alabama. The closest larger place is Uniontown, AL about 6 miles away. A 2020-to-2023 comparison shows Faunsdale down by about 2.3%. Every figure below is Alabama's own, applied to Faunsdale's 84 residents, with the publisher and retrieval date attached. Compare APR, not the interest rate, because the APR folds in most fees on a Faunsdale loan.

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

Compare loan offers Run the numbers first

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.

What the Census records for Faunsdale

The figures below are Faunsdale's own — Census population, land area and coordinates — followed by the Alabama rules.

The geography behind Faunsdale

Inside Faunsdale's boundaries lie about 0.3 square miles of land, with no significant water area recorded. Spread across it are roughly 303 residents per square mile. Huntsville, the largest place in Alabama, is about 164 miles from Faunsdale. Counting outward 50 miles, 35 larger communities surround Faunsdale. By land area it ranks 456th of 462 Alabama places.

Steps to take before a Faunsdale loan

Complete these steps first when you borrow in Faunsdale (84 residents):

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Price the payment first with our personal loan calculator before any lender quotes you.
  3. Line up several pre-qualified offers and let the APR decide.
  4. Check the Alabama regulator's records to confirm the lender is licensed here.
  5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  6. Borrow only what the purpose requires, not the maximum you are offered.
  7. Be clear on what the loan is for and how it gets repaid.

In Faunsdale as elsewhere in Alabama, the written terms — not the advertisement — are what count for its 84 residents.

How a Faunsdale personal loan is priced

A Faunsdale personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 84 residents. Two numbers drive a Faunsdale loan: the APR, which includes fees, and the term, which decides how long you keep paying. The term you choose in Faunsdale decides the split between a comfortable payment and the total interest you pay.

Faunsdale's place among Alabama's 462 places

Among Alabama's 462 places, Faunsdale sits at 444th for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Faunsdale stands 339th among Alabama's 462 places — roughly the 27th percentile. Its roughly 303 residents per square mile place it 192nd among Alabama's places. The population moved by about 2 people between 2020 and 2023, a 2.3% shift.

What Alabama law requires in Faunsdale

This table holds the Alabama rate and licensing rules for consumer loans made to Faunsdale's 84 residents.

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
Maximum legal interest rate (usury cap)6% per annum without a written contract; 8% per annum by written contract
Source says: "except by written contract is $6 upon $100 for one year"; "the rate of interest by written contract is not to exceed $8 upon $100 for one year". (Code text retrieved from the Alabama Legislature's official Code of Alabama service.)		Alabama Legislature — Code of Alabama 1975, § 8-8-1
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
Compare personal loan offers Run the numbers first

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 Faunsdale 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 Faunsdale is the same as anywhere in Alabama.
What loan size can I expect in Faunsdale?
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 Faunsdale?
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 Faunsdale 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

Related