Personal loans in Gordonville, AL

For the 232 people in Gordonville, Alabama runs its own consumer-lending licensing, and the sourced table below lists the figures that apply.

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.

Gordonville is a small community of about 232 residents, and a personal loan taken out here is governed by Alabama statute. At about 232 residents, Gordonville is larger than roughly 15% of the places in Alabama. A 2020-to-2023 comparison shows Gordonville down by about 5.7%. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Gordonville loan. The closest larger city is Mosses, AL about 3 miles away.

What the Census records for Gordonville

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

How Gordonville compares across Alabama

Set beside Alabama's 462 places, Gordonville ranks 392nd by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Gordonville ranks 439th of 462 in Alabama (about the 5th percentile). Its roughly 42 residents per square mile place it 452nd among Alabama's places. In land area, Gordonville ranks 235th among Alabama's 462 places.

The Alabama lending rules that reach Gordonville

The rows below set out what a licensed lender must follow in Alabama, and so for Gordonville's roughly 232 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
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

Lender access in Gordonville

At roughly 42 people per square mile, Gordonville is sparsely settled; 30 larger places lie within 50 miles. A Alabama licence lets a lender serve Gordonville without a local office, so branch density does not change what its 232 residents are offered. For a larger market, the closest option is Mosses, AL about 3 miles away.

Land, water and location for Gordonville

Inside Gordonville's boundaries lie roughly 5.5 square miles of land and 0.06 square miles of water. That land carries about 42 people per square mile. The largest place in Alabama, Huntsville, lies about 175 miles away. Within 50 miles of Gordonville there are 30 larger Census places. The 100-mile radius contains 180 larger places.

How a Gordonville personal loan is priced

With roughly 232 residents, Gordonville is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Gordonville. Shortening the term on a Gordonville loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

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