Blue Eye at a glance
- Population: roughly 306 people; 566th of 937 places in Missouri (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 291 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up roughly 5.2% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Missouri places: 566th by size among 937 communities (US Census Bureau).
- Size percentile: larger than about 40% of the Census places in Missouri (US Census Bureau).
- Coordinates: it sits at 36.5193, -93.3771 in the US Census Bureau Gazetteer.
- Nearest larger cities: Oak Grove, AR (4 mi); Branson, MO (8 mi); Indian Point, MO (9 mi); Kimberling City, MO (9 mi); Hollister, MO (10 mi) (Census populations, approximate straight-line distance).
- Smaller towns nearby: Blue Eye, AR (2 mi); Coney Island, MO (5 mi); Omaha, AR (11 mi) (US Census Bureau).
What a personal loan costs in Blue Eye
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Missouri lending rules that apply in Blue Eye
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Blue Eye
Run through this list before signing anything 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.