Personal loans in Lisman, AL

An estimated 415 people make their home in Lisman, a figure that ranks 350th in Alabama. A personal loan in Lisman is priced from your credit file and income, not from the fact that the city holds 415 people.

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.

Census figures put the 2020-to-2023 decrease in Lisman at about 2.8%. Use the calculator on this page to price an amount and term before you commit in Lisman. A lender that serves Lisman operates under Alabama lending statutes and a Alabama supervisor. The next larger city is Butler, AL about 7 miles away.

Lisman by the numbers

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

What a Lisman borrower is actually offered

With roughly 415 residents, Lisman is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Federal Truth in Lending rules require a Lisman lender to disclose the APR and finance charge before you sign. The term you choose in Lisman decides the split between a comfortable payment and the total interest you pay.

Which Alabama laws govern a loan in Lisman

This table holds the Alabama rate and licensing rules for consumer loans made to Lisman's 415 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
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
Parity lending rate provision (§ 8-8-1.1)Any lender may charge the same rates as any federally or state-chartered or licensed lending institution in Alabama
Source says: "may, on any loans or extensions of credit made by them, charge or impose the same rate of interest or finance charge".		Alabama Legislature — Code of Alabama 1975, § 8-8-1.1
as of 2026-09-16

Getting a loan in Lisman

Lisman is a lightly settled community of about 415 people, with 22 larger places inside a 50-mile radius. A Alabama licence lets a lender serve Lisman without a local office, so branch density does not change what its 415 residents are offered. The nearest larger city, Butler, AL about 7 miles away.

Lisman's place among Alabama's 462 places

Within Alabama, Lisman holds roughly 0.0% of all residents, the 350th-largest share among 462 places. For population change between 2020 and 2023, Lisman ranks 367th of 462 in Alabama (about the 21th percentile). At about 160 people per square mile, Lisman is the 322nd most densely settled place in Alabama. In land area, Lisman ranks 348th among Alabama's 462 places.

What to do before borrowing in Lisman

Complete these steps first when you borrow in Lisman (415 residents):

  1. Get your credit reports, dispute what is wrong, and only then start shopping.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  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. Decide the purpose and how you will repay it before approaching any lender.
  7. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.

What differs between Lisman and the rest of Alabama is not the process but the borrower's own file, among the 415 people here.

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