Personal loans in Monteagle, TN

Monteagle is a small community of about 1,403 residents, and a personal loan taken out here is governed by Tennessee statute. With 1,403 residents, Monteagle outranks about 40% of the communities in Tennessee.

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.

From the 2020 Census base to the 2023 estimate, the population rose by about 1.2%. Price two or three terms so you can see which payment is truly affordable in Monteagle. The closest larger city is Tracy City, TN about 6 miles away. For the 1,403 people in Monteagle, Tennessee runs its own consumer-lending licensing, and the sourced table below lists the figures that apply.

Monteagle: the sourced local profile

Only a few things actually differ by place — population, area, location, and the Tennessee rules a lender must follow — and they are below.

How lenders reach Monteagle

Monteagle is a lightly settled community of about 1,403 people, with 43 larger places inside a 50-mile radius. Whether Monteagle has a local branch or not, a Tennessee-licensed lender can serve its 1,403 people online on the same terms. For a larger market, the closest option is Tracy City, TN about 6 miles away.

Monteagle's place among Tennessee's 344 places

Within Tennessee, Monteagle holds roughly 0.0% of all residents, the 208th-largest share among 344 places. On the 2020-to-2023 trend, Monteagle stands 194th among Tennessee's 344 places — roughly the 44th percentile. By density, at about 155 people per square mile, it ranks 313th in Tennessee. The population moved by about 16 people between 2020 and 2023, a 1.2% shift.

Where Monteagle sits

Inside Monteagle's boundaries lie roughly 9.0 square miles of land and 0.11 square miles of water. The resulting density is about 155 people per square mile. For the state's biggest city, Memphis, the distance is roughly 233 miles. Counting outward 50 miles, 43 larger communities surround Monteagle. Within the same 50 miles lie 33 smaller Census places.

Inside a Monteagle personal loan

With roughly 1,403 residents, Monteagle is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. Two numbers drive a Monteagle loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Monteagle loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Tennessee rules behind a Monteagle personal loan

Read the table as a lender's compliance picture for Monteagle: the rule, the sourced figure, the publisher and the date.

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
Payday lending statusLicensed; deferred presentment services (payday) lenders must obtain a TDFI license, including internet lenders (Tenn. Code Ann. § 45-17-103)
Source says: deferred presentment services in this state through the use of the internet, facsimile, telephone, or other means without having first obtained a license		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
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 Monteagle 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 Monteagle is the same as anywhere in Tennessee.
What loan size can I expect in Monteagle?
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 Monteagle?
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 Monteagle 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.

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