Bolivar at a glance
- Population: 11,338 people, the 71st-largest place among Missouri's 937 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 10,768 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 5.3% growth over the 2020 Census base (US Census Bureau).
- Rank among Missouri places: 71st-largest of 937 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 92% of Missouri's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 37.6067, -93.4167.
- Nearest larger cities: Springfield, MO (29 mi); Republic, MO (30 mi); Nixa, MO (39 mi); Ozark, MO (41 mi); Lebanon, MO (42 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Aldrich, MO (8 mi); Morrisville, MO (9 mi); Fair Play, MO (9 mi), each a US Census place.
What a personal loan costs in Bolivar
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Missouri lending rules that apply in Bolivar
The table carries the Missouri rate and licensing rules that apply to consumer loans made in Bolivar.
| 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 Bolivar
The steps below are worth completing first when you borrow in Bolivar:
- 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.