Alba at a glance
- Population: 531 (US Census Bureau, Vintage 2023 subcounty estimate), the 455th-largest of 937 places in Missouri.
- 2020 Census base: 547 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down roughly 2.9% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Missouri places: 455th by size among 937 communities (US Census Bureau).
- Size percentile: about 51% of places in Missouri are smaller (US Census Bureau).
- Coordinates: it sits at 37.2372, -94.4176 in the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Oronogo, MO (4 mi); Carterville, MO (6 mi); Webb City, MO (7 mi); Carthage, MO (8 mi); Carl Junction, MO (9 mi) (US Census Bureau).
- Nearest smaller towns: Purcell, MO (1 mi); Neck City, MO (2 mi); Carytown, MO (5 mi) — US Census Bureau populations.
What a personal loan costs in Alba
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Missouri lending rules that apply in Alba
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
How to compare offers in Alba
These steps are the ones that most affect the offer you receive in Alba:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.