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%.
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.
- Population: 5,136 — Bolivar ranks 103rd of 344 communities in Tennessee (US Census Bureau, Vintage 2023).
- Population trend: Down about 1.2% from the 2020 Census base to the 2023 estimate.
- People gained or lost: about 63 fewer since the 2020 base.
- Size percentile: roughly 70% of Tennessee's places have fewer residents than Bolivar's 5,136.
- Population density: 633 people per square mile on 8.1 square miles of land.
- By land area: Bolivar ranks 113th among Tennessee's 344 places, at 8.1 sq mi.
- Water: Bolivar holds about 0.01 square miles, the 118th-largest water area in Tennessee.
- Share of Tennessee: Bolivar holds about 0.1% of the state's population, some 5,136 people.
- National standing: Bolivar ranks 4,755th of 19,457 US places.
- Growth rank: Bolivar's 2020-to-2023 change ranks 294th of 344 places in Tennessee.
- State comparison: Tennessee's places average +2.4% for 2020-to-2023, against Bolivar's 1.2%.
- Density rank: Bolivar places 146th among Tennessee's places by people per square mile.
- Density vs Tennessee: Bolivar's 633 people per square mile compare with a state median of 553.
- Location: 35.2640 / -89.0119, per the US Census Bureau Gazetteer.
- Nearest larger cities: Henderson (24 mi); Brownsville (26 mi); Jackson (29 mi); Oakland (30 mi); Corinth (36 mi). A branch is convenient; it is not what sets your APR.
- Smaller communities within reach: Toone (7 mi); Whiteville (9 mi); Hickory Valley (10 mi).
- Smaller neighbours: 65 places smaller than Bolivar sit within 50 miles.
- Within 100 miles: 54 places are larger than Bolivar.
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.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Tennessee 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 status | Licensed; 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.
Common questions
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Nearby places
- Toone, TN — population 269
- Whiteville, TN — population 4,561
- Hickory Valley, TN — population 80
- Hornsby, TN — population 259
- Silerton, TN — population 97
- Middleton, TN — population 716
- Saulsbury, TN — population 113
- Medon, TN — population 191