Blue Eye at a glance
- Population: 44 residents, the 495th-largest of 500 places in Arkansas (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 44 residents here (US Census Bureau).
- 2020 to 2023 change: about the same as at the 2020 Census (US Census Bureau).
- Rank among Arkansas places: 495th of the state's 500 Census places (US Census Bureau).
- Size percentile: it is larger than about 1% of the places in Arkansas (US Census Bureau).
- Coordinates: 36.4967 latitude, -93.3977 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Blue Eye, MO (2 mi); Oak Grove, AR (2 mi); Coney Island, MO (7 mi); Branson, MO (10 mi); Kimberling City, MO (11 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Gilbert, AR (52 mi); Ginger Blue, MO (59 mi); Cliff Village, MO (72 mi), each a US Census place.
What a personal loan costs in Blue Eye
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Arkansas lending rules that apply in Blue Eye
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Blue Eye.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Blue Eye
Before you share your details with a lender in Blue Eye:
- 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.