Clever at a glance
- Population: a Census-estimated 3,015, placing it 183rd among Missouri's 937 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 2,928 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 3.0% more residents than the 2020 Census base (US Census Bureau).
- Rank among Missouri places: 183rd of the state's 937 Census places (US Census Bureau).
- Size percentile: about 80% of places in Missouri are smaller (US Census Bureau).
- Coordinates: latitude 37.0315, longitude -93.4709 (US Census Bureau Gazetteer).
- Nearest larger cities: Battlefield, MO (8 mi); Nixa, MO (10 mi); Republic, MO (10 mi); Ozark, MO (14 mi); Aurora, MO (14 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Billings, MO (5 mi); Hurley, MO (7 mi); Marionville, MO (9 mi), per US Census Bureau estimates.
What a personal loan costs in Clever
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Missouri lending rules that apply in Clever
Each row below is a Missouri rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Missouri 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 |
| 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 status | Legal 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 licensing | Consumer 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 |
How to compare offers in Clever
Before you commit to a personal loan in Clever, work through these steps:
- 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.