Personal loans in Rutledge, AL
Rutledge is a small community of about 349 residents, and a personal loan taken out here is governed by Alabama statute.
For the 349 people in Rutledge, Alabama runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. The Census counts 349 people in Rutledge, the 362nd-largest figure among Alabama's 462 places. Decide the purpose of the loan and your repayment plan before sharing any details with a Rutledge lender. A 2020-to-2023 comparison shows Rutledge down by about 1.4%. Borrowers who want a bigger city can look to Luverne, AL about 2 miles away.
Borrowing in Rutledge: the local picture
Rutledge is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: 349 residents; Rutledge is the 362nd-largest of 462 places in Alabama (US Census Bureau, Vintage 2023).
- Population trend: Lower by roughly 1.4% since the 2020 count.
- People gained or lost: about 5 fewer since the 2020 base.
- Size percentile: Rutledge sits ahead of around 22% of Alabama places, at 349 people.
- Density: roughly 60 residents per square mile, spread over 5.9 sq mi of land.
- Land area: Rutledge covers 5.9 square miles, the 227th-largest area among Alabama's 462 places.
- Share of state population: Rutledge's 349 residents are about 0.0% of Alabama.
- National standing: Rutledge ranks 14,605th of 19,457 US places.
- Growth rank: Rutledge ranks 302nd among Alabama's 462 places for the 2020-to-2023 change.
- State comparison: Alabama's places average +1.0% for 2020-to-2023, against Rutledge's 1.4%.
- Density rank: Rutledge places 440th among Alabama's places by people per square mile.
- Against the state median: Rutledge runs about 60 residents per square mile, where the Alabama median is 259.
- Location: it lies at 31.7241, -86.3020 in the Census Gazetteer.
- Nearest larger cities: Luverne (2 mi); Brantley (10 mi); Troy (20 mi); Greenville (21 mi); Fort Deposit (24 mi). For most borrowers the comparison happens online, not at a branch.
- Nearest smaller towns: Glenwood (8 mi); Goshen (11 mi); Petrey (11 mi).
- Within a 50-mile radius: 18 smaller Census places.
- At 100 miles: 148 larger Census places fall inside that radius.
The Alabama lending rules that reach Rutledge
The rows below set out what a licensed lender must follow in Alabama, and so for Rutledge's roughly 349 residents.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Alabama State Banking Department — Bureau of Loans (BOL) Source says: "The Bureau of Loans (hereinafter “the BOL”) was established in 1945". The BOL administers the Small Loan Act, Consumer Credit Act, Pawn Shop Act, Mortgage Brokers Licensing Act, Deferred Presentment Services Act and SAFE Act. | Alabama State Banking Department as of 2026-09-16 |
| Payday lending status | Permitted — deferred presentment services licensed by the supervisor; maximum advance $500; maximum fee 17.5% of amount advanced Source says: "a maximum fee on any deferred presentment transaction not to exceed 17.5 percent of the amount advanced"; "The maximum amount that may be advanced in any deferred presentment transaction is five hundred dollars ($500)". | Alabama State Banking Department — Deferred Presentment Services Act (Code of Alabama §§ 5-18A-1 et seq.) as of 2026-09-16 |
| Small-loan / installment lender licensing | Alabama Small Loan Act license required from the supervisor for loans under $1,500; interest capped at 3% per month on the first $200 and 2% per month on $200–$1,500 Source says: "No person shall engage in the business of lending in amounts of less than one thousand five hundred dollars ($1,500)"; "without first having obtained a license from the supervisor"; "not exceeding three percent a month on that part of the unpaid principal balance not in excess of two hundred dollars". | Alabama State Banking Department — Alabama Small Loan Act (Code of Alabama §§ 5-18-1 et seq.) as of 2026-09-16 |
How Rutledge compares across Alabama
Set beside Alabama's 462 places, Rutledge ranks 362nd by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Rutledge stands 302nd among Alabama's 462 places — roughly the 35th percentile. By density, at about 60 people per square mile, it ranks 440th in Alabama. Between 2020 and 2023 the count changed by roughly 5 residents.
How a Rutledge personal loan is priced
Rutledge is a small community of about 349 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Rutledge's rank of 362nd in Alabama: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Rutledge loan is knowable in advance — unlike a revolving card balance.
How lenders reach Rutledge
At roughly 60 people per square mile, Rutledge is sparsely settled; 35 larger places lie within 50 miles. What is available to Rutledge's 349 borrowers is set by Alabama licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Luverne, AL about 2 miles away.
The geography behind Rutledge
Rutledge covers about 5.9 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 60 people per square mile. Huntsville, the largest place in Alabama, is about 207 miles from Rutledge. A 50-mile radius around Rutledge takes in 35 places that are larger. Within the same 50 miles lie 18 smaller Census places.
Common questions
What are my options in Rutledge if my credit is poor?
What loan size can I expect in Rutledge?
Do I have to pledge anything to borrow in Rutledge?
Does comparing loans in Rutledge cost me credit score points?
Nearby places
- Luverne, AL — population 2,688
- Glenwood, AL — population 151
- Brantley, AL — population 803
- Petrey, AL — population 64
- Goshen, AL — population 266
- Dozier, AL — population 285
- Troy, AL — population 17,836
- Greenville, AL — population 7,030