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Personal loans in Carthage, MO

In Carthage, a personal loan turns a one-time expense into predictable monthly payments, and the rate you get depends on your credit, income and debts. Carthage's Census population of roughly 15,556 makes it the 50th-largest of 937 places in Missouri. Missouri law sets the rate ceilings and the licensing a lender must hold, and the table below lists each sourced figure.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Carthage at a glance

  • Population: 15,556 — 50th in Missouri, which has 937 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: the 2020 Census recorded 15,568 residents here (US Census Bureau).
  • 2020 to 2023 change: about 0.1% lower than the 2020 Census base (US Census Bureau).
  • Rank among Missouri places: 50th in population of 937 places (US Census Bureau).
  • Size percentile: roughly 95% of places in Missouri rank below it by population (US Census Bureau).
  • Coordinates: latitude 37.1506, longitude -94.3279 (US Census Bureau Gazetteer).
  • Nearest larger cities: Joplin, MO (11 mi); Pittsburg, KS (27 mi); Bella Vista, AR (47 mi); Republic, MO (50 mi); Centerton, AR (55 mi) — straight-line distances, US Census Bureau populations.
  • Nearest smaller communities: Brooklyn Heights, MO (3 mi); Fidelity, MO (5 mi); Carterville, MO (6 mi), each a US Census place.

What a personal loan costs in Carthage

Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.

The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.

The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.

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 Carthage

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.

RuleDetailSource
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 statusLegal 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 licensingConsumer 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 regulatorMissouri 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 Carthage

Here is a short checklist for comparing personal loans in Carthage:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Missouri using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Carthage?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Carthage are the same as elsewhere in Missouri.
How much can I borrow with a personal loan in Carthage?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Carthage require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Carthage hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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