Crossett at a glance
- Population: roughly 4,578 people; 71st of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 4,828 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 5.2% lower than the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: the 71st-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 86% of Arkansas places in population terms (US Census Bureau).
- Coordinates: 33.1228 latitude, -91.9581 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Bastrop, LA (24 mi); Warren, AR (34 mi); Monticello, AR (36 mi); El Dorado, AR (41 mi); Monroe, LA (42 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Hamburg, AR (12 mi); Felsenthal, AR (12 mi); Huttig, AR (14 mi), each a US Census place.
What a personal loan costs in Crossett
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 term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Arkansas lending rules that apply in Crossett
The Arkansas rate caps and licensing rules that reach Crossett are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Crossett
Run through this list before signing anything in Crossett:
- 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.