Personal loans in Gates, TN

Verify the lender's Tennessee licence against the regulator named below before borrowing in Gates. From the 2020 Census base to the 2023 estimate, the population declined by about 1.7%. Consumer lending that reaches Gates's 654 residents is governed by Tennessee statute; no city ordinance changes it. The next larger city is Halls, TN about 3 miles away.

What the Census records for Gates

Set out below is Gates's local context next to the state-level rules that reach every lender here.

• Population: a Census-estimated 654, 267th among Tennessee's 344 places (Vintage 2023).
• Population trend: Lower by roughly 1.7% since the 2020 count.
• Net change: roughly 11 fewer people than the 2020 Census counted.
• Size percentile: Gates's 654 people outrank roughly 22% of the places in Tennessee.
• Density: the Census land area of 0.7 sq mi holds about 928 people per square mile.
• By land area: Gates ranks 324th among Tennessee's 344 places, at 0.7 sq mi.
• Within Tennessee: about 0.0% of the state's population lives in Gates.
• National standing: Gates ranks 12,076th of 19,457 US places.
• Growth in Tennessee: Gates stands 306th by percentage change from 2020 to 2023, among 344 places.
• Against the state trend: Gates's 1.7% change compares with a Tennessee average of +2.4% across its 344 places.
• Density in Tennessee: Gates ranks 73rd by people per square mile.
• Density vs Tennessee: Gates's 928 people per square mile compare with a state median of 553.
• Location: the Census Gazetteer records it at 35.8405, -89.4081.
• Nearest larger cities: Halls (3 mi); Ripley (10 mi); Henning (14 mi); Dyersburg (14 mi); Alamo (17 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Nearest smaller places: Friendship (10 mi); Maury City (10 mi); Yorkville (24 mi).
• Smaller neighbours: 41 places smaller than Gates sit within 50 miles.
• Within 100 miles: 177 places are larger than Gates.

Borrowing reach in Gates

At roughly 928 people per square mile, Gates is moderately settled; 56 larger places lie within 50 miles. Distance to a branch rarely matters for Gates's 654 residents: the application is online and the price follows your credit file. The nearest bigger place is Halls, TN about 3 miles away.

How a Gates personal loan is priced

In Gates, a small community of about 654, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Two numbers drive a Gates loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Gates loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

The geography behind Gates

The Census Gazetteer records about 0.7 square miles of land within Gates, with no significant water area listed. That land carries about 928 people per square mile. Memphis, the largest place in Tennessee, is about 60 miles from Gates. A 50-mile radius around Gates takes in 56 places that are larger. The 100-mile radius contains 177 larger places.

Which Tennessee laws govern a loan in Gates

Below are the Tennessee rules that apply to a loan made in Gates, each with the regulator that issued it.

What to do before borrowing in Gates

Before you apply in Gates, a community of about 654, work through these steps:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
4. Look the lender up in the Tennessee regulator's licence records before you sign.
5. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
6. Look for an origination fee or prepayment penalty in the written disclosure.
7. Check that the monthly payment fits your budget next to your existing obligations.

The process is identical across Tennessee; what changes is your credit file, not the fact that Gates holds 654 people.