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Personal loans in Medon, TN

To lend to Medon's 191 residents, a company must hold a Tennessee licence, and each sourced row below names the regulator behind it. An estimated 191 people make their home in Medon, a figure that ranks 333rd in Tennessee. A lender serving Medon holds a Tennessee licence and answers to a Tennessee regulator; no city office is involved for its 191 residents. Population in Medon climbed about 1.1% over the three years from 2020 to 2023. Begin with the payment, then weigh APR and total interest across the lenders that reach Medon's 191 residents. A larger market lies at Toone, TN about 8 miles away.

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.

Medon: population, trend and location

What follows is Medon's place in the Census record, alongside the Tennessee rules that govern a personal loan made here.

How a Medon personal loan is priced

Most loans made to Medon's 191 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Medon. The term you choose in Medon decides the split between a comfortable payment and the total interest you pay.

Where Medon sits in Tennessee

Within Tennessee, Medon holds roughly 0.0% of all residents, the 333rd-largest share among 344 places. For population change between 2020 and 2023, Medon ranks 197th of 344 in Tennessee (about the 43th percentile). By density, at about 192 people per square mile, it ranks 300th in Tennessee. By land area, its 1.0 square miles rank 315th of 344 places in Tennessee.

Land, water and location for Medon

The Census Gazetteer records about 1.0 square miles of land within Medon, with no significant water area listed. That land carries about 192 people per square mile. The state's population centre of gravity, Memphis, is roughly 67 miles away. A 50-mile radius around Medon takes in 74 places that are larger. The 100-mile radius contains 271 larger places.

Borrowing reach in Medon

Medon is lightly settled, with about 192 people per square mile and 74 larger places within 50 miles. Lenders licensed in Tennessee reach Medon's 191 residents online, so the nearest branch is not what sets your APR. For a larger market, the closest option is Toone, TN about 8 miles away.

How Tennessee law applies in Medon

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

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
Small-loan / installment lender licensingTDFI Compliance Division licenses industrial loan & thrift companies, deferred presentment companies, flexible credit companies, and other consumer lenders
Source says: The Compliance Division is responsible for the licensing and regulatory supervision of the following types of financial institutions operating in Tennessee		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
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 Medon 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 Medon is the same as anywhere in Tennessee.
What loan size can I expect in Medon?
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 Medon?
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 Medon 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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