Cotton Plant at a glance
- Population: 499 (US Census Bureau, Vintage 2023 subcounty estimate), the 255th-largest of 500 places in Arkansas.
- 2020 Census base: 524 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 4.8% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Arkansas places: the 255th-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: about 49% of places in Arkansas are smaller (US Census Bureau).
- Coordinates: mapped at 35.0059, -91.2520 by the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Brinkley, AR (9 mi); Des Arc, AR (15 mi); McCrory, AR (18 mi); De Valls Bluff, AR (19 mi); Augusta, AR (20 mi) (US Census Bureau).
- Smaller places nearby: Fargo, AR (5 mi); Hunter, AR (8 mi); Wheatley, AR (10 mi), per US Census Bureau estimates.
What a personal loan costs in Cotton Plant
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
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 Cotton Plant
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Cotton Plant
Before you share your details with a lender in Cotton Plant:
- 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.