Personal loans in Red Bay, AL

From the 2020 Census base to the 2023 estimate, the population declined by about 1.6%. Consumer lending that reaches Red Bay's 3,184 residents is governed by Alabama statute; no city ordinance changes it. Work out your debt-to-income ratio first; lenders weigh it heavily, and Red Bay's 3,184 residents are no exception. The next larger city is Fulton, MS about 19 miles away.

The Red Bay data picture

Red Bay is a small community; the notes below cover its population profile and the statewide rules that apply.

• Population: about 3,184 people live here, which puts Red Bay 138th of 462 Census places in Alabama (Vintage 2023).
• Population trend: Lower by roughly 1.6% since the 2020 count.
• Absolute change: 52 residents lost between 2020 and 2023.
• Size percentile: roughly 70% of Alabama's places have fewer residents than Red Bay's 3,184.
• Density: roughly 326 residents per square mile, spread over 9.8 sq mi of land.
• By land area: Red Bay ranks 152nd among Alabama's 462 places, at 9.8 sq mi.
• Water area: Red Bay has 0.09 square miles of water, ranking 115th of 462 places in Alabama.
• State share: roughly 0.1% of Alabama's residents live in Red Bay (3,184 people).
• National rank: Red Bay sits 6,092nd by population among the 19,457 places in this dataset.
• Growth in Alabama: Red Bay stands 310th by percentage change from 2020 to 2023, among 462 places.
• Versus Alabama: the state average change is +1.0%, while Red Bay moved 1.6%.
• Density in Alabama: Red Bay ranks 176th by people per square mile.
• Density vs Alabama: Red Bay's 326 people per square mile compare with a state median of 259.
• Location: the Census Gazetteer records it at 34.4361, -88.1365.
• Nearest larger cities: Fulton (19 mi); Hamilton (23 mi); Russellville (24 mi); Booneville (29 mi); Tuscumbia (31 mi). Lenders licensed in the state serve Red Bay whether or not they keep a local branch.
• Smaller places nearby: Golden (4 mi); Vina (6 mi); Belmont (6 mi).
• Within a 50-mile radius: 57 smaller Census places.
• At 100 miles: 70 larger Census places fall inside that radius.

A practical checklist for Red Bay borrowers

Before you apply in Red Bay, a community of about 3,184, work through these steps:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Shop at least three lenders and judge them on APR and total cost.
4. Confirm the Alabama licence with the regulator named above before committing.
5. Decide the purpose and how you will repay it before approaching any lender.
6. If debt is already a struggle, talk to a nonprofit credit counsellor before borrowing more.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

In Red Bay as elsewhere in Alabama, the written terms — not the advertisement — are what count for its 3,184 residents.

The Alabama lending rules that reach Red Bay

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

Red Bay's place among Alabama's 462 places

Against Alabama's other places, Red Bay accounts for about 0.1% of the state's population and ranks 138th of 462 by size. Its 2020-to-2023 change ranks 310th of 462 Alabama places, putting it near the 33th percentile for growth. By density, at about 326 people per square mile, it ranks 176th in Alabama. By land area, its 9.8 square miles rank 152nd of 462 places in Alabama.

Red Bay on the map

Red Bay's land area is about 9.8 square miles; a further 0.09 square miles is water. The resulting density is about 326 people per square mile. For the state's biggest city, Huntsville, the distance is roughly 85 miles. A 50-mile radius around Red Bay takes in 17 places that are larger. Within the same 50 miles lie 57 smaller Census places.

What is available to Red Bay borrowers

With about 326 residents per square mile, Red Bay is lightly settled, and 17 larger Census places sit within 50 miles. Lenders licensed in Alabama reach Red Bay's 3,184 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Fulton, MS about 19 miles away.