Personal loans in Cottonwood, AL

Begin with the payment, then weigh APR and total interest across the lenders that reach Cottonwood's 1,086 residents. The Census counts 1,086 people in Cottonwood, the 248th-largest figure among Alabama's 462 places. When Alabama caps or restricts a product, lenders either change the terms or withdraw it from Cottonwood as from the rest of the state. A 2020-to-2023 comparison shows Cottonwood up by about 3.0%. The closest larger place is Rehobeth, AL about 10 miles away.

Cottonwood: the sourced local profile

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

• Population: about 1,086 people live here, which puts Cottonwood 248th of 462 Census places in Alabama (Vintage 2023).
• Population trend: Growth of about 3.0% across the 2020-to-2023 comparison.
• Net change: roughly 32 more people than the 2020 Census counted.
• Size percentile: roughly 46% of Alabama places rank below Cottonwood.
• Population density: 188 people per square mile on 5.8 square miles of land.
• By land area: Cottonwood ranks 230th among Alabama's 462 places, at 5.8 sq mi.
• Water area: Cottonwood has 0.02 square miles of water, ranking 218th of 462 places in Alabama.
• Share of state population: Cottonwood's 1,086 residents are about 0.0% of Alabama.
• National rank: Cottonwood sits 9,898th by population among the 19,457 places in this dataset.
• Growth rank: Cottonwood's 2020-to-2023 change ranks 95th of 462 places in Alabama.
• Against the state trend: Cottonwood's 3.0% change compares with a Alabama average of +1.0% across its 462 places.
• Density rank: Cottonwood places 294th among Alabama's places by people per square mile.
• Against the state median: Cottonwood runs about 188 residents per square mile, where the Alabama median is 259.
• Location: 31.0540, -85.2996 (Census Gazetteer coordinates).
• Nearest larger cities: Rehobeth (10 mi); Ashford (10 mi); Malone (10 mi); Cowarts (11 mi); Taylor (13 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller places close by: Madrid (6 mi); Avon (9 mi); Campbellton (9 mi).
• Within a 50-mile radius: 38 smaller Census places.
• Larger places within 100 miles: 95.

Before you apply in Cottonwood

Before you hand your details to a lender in Cottonwood, where the population is near 1,086:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Alabama regulator's records to confirm the lender is licensed here.
5. Be clear on what the loan is for and how it gets repaid.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

None of these steps is Cottonwood-specific: the same Alabama licensing and disclosure rules reach all 1,086 residents.

What Alabama law requires in Cottonwood

These are Alabama's sourced lending facts as they reach Cottonwood's 1,086 residents; the state has no city-level rate rule.

Land, water and location for Cottonwood

Cottonwood's land area is about 5.8 square miles; a further 0.02 square miles is water. The resulting density is about 188 people per square mile. The state's population centre of gravity, Huntsville, is roughly 264 miles away. Counting outward 50 miles, 37 larger communities surround Cottonwood. The 100-mile radius contains 95 larger places.

Cottonwood against the rest of Alabama

Within Alabama, Cottonwood holds roughly 0.0% of all residents, the 248th-largest share among 462 places. Its 2020-to-2023 change ranks 95th of 462 Alabama places, putting it near the 79th percentile for growth. By density, at about 188 people per square mile, it ranks 294th in Alabama. The population moved by about 32 people between 2020 and 2023, a 3.0% shift.

What is available to Cottonwood borrowers

Cottonwood is lightly settled, with about 188 people per square mile and 37 larger places within 50 miles. Whether Cottonwood has a local branch or not, a Alabama-licensed lender can serve its 1,086 people online on the same terms. The nearest bigger place is Rehobeth, AL about 10 miles away.