Conway at a glance
- Population: 69,580 — 7th in Arkansas, which has 500 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 64,142 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: up roughly 8.5% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: the 7th-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 99% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 35.0744, -92.4670 by the US Census Bureau Gazetteer.
- Nearest larger cities: Little Rock, AR (25 mi); Fort Smith, AR (109 mi); Jonesboro, AR (113 mi); Fayetteville, AR (118 mi); each population is a US Census Bureau estimate.
- Smaller towns nearby: Menifee, AR (7 mi); Mayflower, AR (8 mi); Wooster, AR (9 mi) (US Census Bureau).
What a personal loan costs in Conway
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Conway
Read the table as the compliance picture for a lender serving Conway: 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 Conway
Before you commit to a personal loan in Conway, 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 Arkansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.