Cave Springs at a glance
- Population: 6,081, the 59th-largest community in Arkansas out of 500 (US Census Bureau, Vintage 2023).
- 2020 Census base: 5,491 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: roughly 10.7% higher than at the 2020 Census (US Census Bureau).
- Rank among Arkansas places: 59th by size among 500 communities (US Census Bureau).
- Size percentile: roughly 88% of places in Arkansas rank below it by population (US Census Bureau).
- Coordinates: 36.2684 latitude, -94.2195 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Lowell, AR (4 mi); Rogers, AR (5 mi); Bentonville, AR (6 mi); Springdale, AR (6 mi); Tontitown, AR (7 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Elm Springs, AR (4 mi); Highfill, AR (6 mi); Little Flock, AR (9 mi), each a US Census place.
What a personal loan costs in Cave Springs
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Arkansas lending rules that apply in Cave Springs
Read the table as the compliance picture for a lender serving Cave Springs: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Cave Springs
Before you share your details with a lender in Cave Springs:
- 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.