Personal loans in Midfield, AL
By population, Midfield sits at 107th in Alabama, with an estimated 4,960 residents. In Midfield, one of 462 Census places in Alabama, the figure to compare across lenders is the APR, not the advertised rate.
Census figures put the 2020-to-2023 decrease in Midfield at about 4.7%. For a community of about 4,960, the practical step is to compare APR across at least three lenders before committing. Rate ceilings, licensing requirements and product limits for Midfield are all set at the Alabama level. The closest larger place is Fairfield, AL about 1 miles away.
Midfield: population, trend and location
Two layers matter for a Midfield borrower: the local population picture and Alabama's consumer-lending statutes.
- Population: 4,960 — Midfield ranks 107th of 462 communities in Alabama (US Census Bureau, Vintage 2023).
- Population trend: Lower by roughly 4.7% since the 2020 count.
- People gained or lost: about 247 fewer since the 2020 base.
- Size percentile: Midfield sits ahead of around 77% of Alabama places, at 4,960 people.
- Population density: 1,867 people per square mile on 2.7 square miles of land.
- Land area: Midfield covers 2.7 square miles, the 344th-largest area among Alabama's 462 places.
- State population share: Midfield accounts for about 0.2% of everyone in Alabama.
- National rank: Midfield sits 4,852nd by population among the 19,457 places in this dataset.
- Growth rank: Midfield ranks 430th among Alabama's 462 places for the 2020-to-2023 change.
- Versus Alabama: the state average change is +1.0%, while Midfield moved 4.7%.
- Density rank: Midfield is the 6th most densely settled place in Alabama.
- Density vs Alabama: Midfield's 1,867 people per square mile compare with a state median of 259.
- Location: latitude 33.4553, longitude -86.9224 (Census Gazetteer).
- Nearest larger cities: Fairfield (1 mi); Pleasant Grove (4 mi); Hueytown (6 mi); Bessemer (6 mi); Homewood (7 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller towns: Brighton (2 mi); Lipscomb (2 mi); Mulga (8 mi).
- Smaller places within 50 miles: 67 of them.
- Larger places within 100 miles: 73.
Getting a loan in Midfield
Midfield is moderately settled, with about 1,867 people per square mile and 37 larger places within 50 miles. A Alabama licence lets a lender serve Midfield without a local office, so branch density does not change what its 4,960 residents are offered. The nearest bigger place is Fairfield, AL about 1 miles away.
Alabama consumer-lending rules applied in Midfield
When Alabama does not publish a figure, the row links to the source instead of inventing a number; Midfield is bound by the same rules.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Alabama 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 status | Permitted — 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 licensing | Alabama 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 |
Midfield on the map
Midfield covers about 2.7 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. The resulting density is about 1,867 people per square mile. For the state's biggest city, Huntsville, the distance is roughly 87 miles. Within 50 miles of Midfield there are 37 larger Census places. Within the same 50 miles lie 67 smaller Census places.
Midfield's place among Alabama's 462 places
Set beside Alabama's 462 places, Midfield ranks 107th by population and holds about 0.2% of the state total. On the 2020-to-2023 trend, Midfield stands 430th among Alabama's 462 places — roughly the 7th percentile. At about 1,867 people per square mile, Midfield is the 6th most densely settled place in Alabama. In land area, Midfield ranks 344th among Alabama's 462 places.
Inside a Midfield personal loan
A Midfield personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 4,960 residents. Because pricing is borrower-level, two people in Midfield can be quoted different APRs on the same amount and term. The term you choose in Midfield decides the split between a comfortable payment and the total interest you pay.
Common questions
What are my options in Midfield if my credit is poor?
What loan size can I expect in Midfield?
Do I have to pledge anything to borrow in Midfield?
Does comparing loans in Midfield cost me credit score points?
Nearby places
- Fairfield, AL — population 9,582
- Brighton, AL — population 2,237
- Lipscomb, AL — population 2,006
- Pleasant Grove, AL — population 9,390
- Bessemer, AL — population 25,037
- Hueytown, AL — population 16,202
- Mulga, AL — population 766
- Homewood, AL — population 27,758