Cheneyville at a glance
- Population: 442 residents, the 220th-largest of 302 places in Louisiana (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 463 residents here (US Census Bureau).
- 2020 to 2023 change: about 4.5% lower than the 2020 Census base (US Census Bureau).
- Rank among Louisiana places: 220th in population of 302 places (US Census Bureau).
- Size percentile: ahead of around 27% of Louisiana places in population terms (US Census Bureau).
- Coordinates: latitude 31.0110, longitude -92.2901 (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Bunkie, LA (7 mi); Lecompte, LA (8 mi); Hessmer, LA (10 mi); Forest Hill, LA (14 mi); Cottonport, LA (14 mi) (US Census Bureau).
- Smaller places close by: Evergreen, LA (12 mi); Turkey Creek, LA (12 mi); McNary, LA (17 mi) (US Census Bureau).
What a personal loan costs in Cheneyville
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
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.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Louisiana lending rules that apply in Cheneyville
Each row below is a Louisiana rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal and licensed — deferred presentment and small loans ($350 or less, 60 days or less) under OFI-issued licenses Source says: "Persons who make loans of $350 or less for a term of 60 days or less." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required from OFI before making consumer loans Source says: "Persons who wish to engage in the business of making consumer loans must hold a consumer loan license issued by this Office" | Louisiana Office of Financial Institutions as of 2026-09-16 |
| State lending regulator | Louisiana Office of Financial Institutions (OFI), Non-Depository Division Source says: "OFI is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Licensed-lender consumer loan finance charge caps | 36% first $1,400; 27% to $4,000; 24% to $7,000; 21% above (R.S. 9:3519(A)) Source says: "Thirty-six percent per year for that portion of the unpaid principal amount of the loan not exceeding one thousand four hundred dollars" | Louisiana State Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum maximum conventional interest (La. R.S. 9:3500(C)(1)) Source says: "The amount of the conventional interest cannot exceed twelve percent per annum." | Louisiana State Legislature as of 2026-09-16 |
How to compare offers in Cheneyville
Before you share your details with a lender in Cheneyville:
- 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.