Cave City at a glance
- Population: 1,994, the 134th-largest community in Arkansas out of 500 (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,926 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a gain of roughly 3.5% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 134th out of 500 Census places (US Census Bureau).
- Size percentile: roughly 73% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: 35.9478 latitude, -91.5470 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Batesville, AR (13 mi); Southside, AR (16 mi); Horseshoe Bend, AR (22 mi); Cherokee Village, AR (24 mi); Newport, AR (29 mi) (US Census Bureau populations).
- Nearest smaller towns: Sidney, AR (7 mi); Evening Shade, AR (9 mi); Moorefield, AR (13 mi) (US Census Bureau).
What a personal loan costs in Cave City
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Arkansas lending rules that apply in Cave City
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Cave City
A few practical steps will make the process in Cave City 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.