Personal loans in Bolivar, TN

A personal loan in Bolivar is priced from your credit file and income, not from the fact that the city holds 5,136 people. Census figures put the 2020-to-2023 decrease in Bolivar at about 1.2%.

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.

Bolivar is home to roughly 5,136 people and stands 103rd by size out of 344 Census places in Tennessee. Begin with the payment, then weigh APR and total interest across the lenders that reach Bolivar's 5,136 residents. Which products a lender may offer to Bolivar's 5,136 residents follows from the Tennessee consumer-lending framework. Borrowers who want a bigger city can look to Henderson, TN about 24 miles away.

The Bolivar data picture

Read the local figures below as context; read the sourced Tennessee table as the rulebook a lender here must follow.

The geography behind Bolivar

Bolivar's land area is about 8.1 square miles; a further 0.01 square miles is water. The resulting density is about 633 people per square mile. Memphis, the largest place in Tennessee, is about 55 miles from Bolivar. Counting outward 50 miles, 22 larger communities surround Bolivar. The 100-mile radius contains 54 larger places.

The state rulebook for Bolivar

This table holds the Tennessee rate and licensing rules for consumer loans made to Bolivar's 5,136 residents.

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
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
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

What is available to Bolivar borrowers

With about 633 residents per square mile, Bolivar is moderately settled, and 22 larger Census places sit within 50 miles. A Tennessee licence lets a lender serve Bolivar without a local office, so branch density does not change what its 5,136 residents are offered. The nearest bigger place is Henderson, TN about 24 miles away.

What a Bolivar borrower is actually offered

In Bolivar, a small town of about 5,136, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Because pricing is borrower-level, two people in Bolivar can be quoted different APRs on the same amount and term. The term you choose in Bolivar decides the split between a comfortable payment and the total interest you pay.

Bolivar's place among Tennessee's 344 places

Among Tennessee's 344 places, Bolivar sits at 103rd for population, a share of roughly 0.1% of the state. For population change between 2020 and 2023, Bolivar ranks 294th of 344 in Tennessee (about the 15th percentile). Its roughly 633 residents per square mile place it 146th among Tennessee's places. Within 50 miles sit 65 smaller Census places, alongside the 22 that are larger.

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 Bolivar 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 Bolivar is the same as anywhere in Tennessee.
What loan size can I expect in Bolivar?
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 Bolivar?
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 Bolivar 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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