Clarendon at a glance
- Population: 1,462, the 160th-largest community in Arkansas out of 500 (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,530 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down roughly 4.4% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 160th of the state's 500 Census places (US Census Bureau).
- Size percentile: roughly 68% of places in Arkansas rank below it by population (US Census Bureau).
- Coordinates: 34.6930, -91.3063 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (within 120 miles): Brinkley, AR (15 mi); Stuttgart, AR (19 mi); Des Arc, AR (23 mi); Carlisle, AR (26 mi); DeWitt, AR (28 mi) (US Census Bureau populations).
- Nearest smaller places: Roe, AR (6 mi); Holly Grove, AR (9 mi); Fredonia (Biscoe), AR (11 mi) (US Census Bureau estimates).
What a personal loan costs in Clarendon
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Arkansas lending rules that apply in Clarendon
The table lists the Arkansas rules that apply to a loan made in Clarendon, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Clarendon
A few practical steps will make the process in Clarendon 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.