Personal loans in Soddy-Daisy, TN

Which products a lender may offer to Soddy-Daisy's 13,234 residents follows from the Tennessee consumer-lending framework. Soddy-Daisy is one of 344 Census places in Tennessee; its 13,234 residents put it at 48th.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Soddy-Daisy is a small town in Tennessee, with an estimated 13,234 residents, and every licensed lender here follows the same state rulebook. From the 2020 Census base to the 2023 estimate, the population rose by about 1.3%. If debt is already a strain, a nonprofit credit counsellor can help Soddy-Daisy residents before they take on more. The closest larger city is Chattanooga, TN about 14 miles away.

Soddy-Daisy: population, trend and location

Soddy-Daisy is a small town; the notes below cover its population profile and the statewide rules that apply.

How personal loans work in Soddy-Daisy

With roughly 13,234 residents, Soddy-Daisy is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. The rate you see advertised is a range, not a promise, until a lender reviews your file in Soddy-Daisy. Because the payment is fixed, the total cost of a Soddy-Daisy loan is knowable in advance — unlike a revolving card balance.

The geography behind Soddy-Daisy

Soddy-Daisy covers about 23.2 square miles of land, with 0.86 square miles of water inside its boundaries (Census Gazetteer). Spread across it are roughly 571 residents per square mile. Memphis, the largest place in Tennessee, is about 271 miles from Soddy-Daisy. Soddy-Daisy has 6 larger places within a 50-mile radius. Within the same 50 miles lie 65 smaller Census places.

Tennessee consumer-lending rules applied in Soddy-Daisy

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

RuleDetailSource
State lending regulatorTennessee 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
Small-loan / installment lender licensingTDFI Compliance Division licenses industrial loan & thrift companies, deferred presentment companies, flexible credit companies, and other consumer lenders
Source says: The Compliance Division is responsible for the licensing and regulatory supervision of the following types of financial institutions operating in Tennessee		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

Soddy-Daisy's place among Tennessee's 344 places

Within Tennessee, Soddy-Daisy holds roughly 0.4% of all residents, the 48th-largest share among 344 places. Its 2020-to-2023 change ranks 185th of 344 Tennessee places, putting it near the 46th percentile for growth. At about 571 people per square mile, Soddy-Daisy is the 165th most densely settled place in Tennessee. In land area, Soddy-Daisy ranks 35th among Tennessee's 344 places.

Lender access in Soddy-Daisy

Soddy-Daisy is moderately settled, with about 571 people per square mile and 6 larger places within 50 miles. A Tennessee licence lets a lender serve Soddy-Daisy without a local office, so branch density does not change what its 13,234 residents are offered. The nearest larger city, Chattanooga, TN about 14 miles away.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Soddy-Daisy if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Soddy-Daisy is the same as anywhere in Tennessee.
What loan size can I expect in Soddy-Daisy?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Soddy-Daisy?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Soddy-Daisy cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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