Bergman at a glance
- Population: 440 (US Census Bureau, Vintage 2023 subcounty estimate), the 278th-largest of 500 places in Arkansas.
- 2020 Census base: 428 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up roughly 2.8% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 278th largest of 500 (US Census Bureau).
- Size percentile: it exceeds roughly 44% of Arkansas's Census places by population (US Census Bureau).
- Coordinates: latitude 36.3128, longitude -93.0112 (US Census Bureau Gazetteer).
- Nearest larger cities: Harrison, AR (8 mi); Diamond City, AR (11 mi); Summit, AR (18 mi); Yellville, AR (19 mi); Jasper, AR (23 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Zinc, AR (6 mi); Bellefonte, AR (8 mi); South Lead Hill, AR (8 mi), per US Census Bureau estimates.
What a personal loan costs in Bergman
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Arkansas lending rules that apply in Bergman
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Bergman.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Not permitted — all storefront payday lending eliminated; the Attorney General has worked to eliminate all forms of payday lending since 2008 Source says: "the Attorney General's office has worked to eliminate all forms of payday lending in Arkansas"; "all storefront payday loan operations in Arkansas have been shut down". | Arkansas Attorney General — Consumer Protection Division as of 2026-09-16 |
| Small-loan / installment lender licensing | See the latest published figure value_text left null: the State Bank Department does not publish a consumer small-loan license rate schedule that could be verified; storefront payday lending has been eliminated (see Payday lending status). See the linked regulator page for the licensee categories it supervises. | Arkansas State Bank Department as of 2026-09-16 |
| State lending regulator | Arkansas State Bank Department Source says: "The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas". | Arkansas State Bank Department as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 17% per annum for loans not made by or to governmental units or by federally insured depository institutions (Amendment 89, effective January 1, 2011) Source says: "shall not exceed seventeen percent (17%) per annum". | Arkansas Legislature — Arkansas Constitution, Amendment 89, § 3 (proposed by H.J.R. 1004 of 2009) as of 2026-09-16 |
How to compare offers in Bergman
A few practical steps will make the process in Bergman less costly:
- 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 Arkansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.