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Personal loans in Dumas, AR

A personal loan in Dumas is a fixed-term installment product, and the price a lender offers you is driven by your credit profile, income and existing debts. Dumas has a Census-estimated population of 3,662, ranking 88th among the 500 Census places in Arkansas. Arkansas law sets the rate ceilings and the licensing a lender must hold, and the table below lists each sourced figure.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Dumas at a glance

  • Population: the Census estimates 3,662 residents, ranking 88th of 500 places in Arkansas (Vintage 2023).
  • 2020 Census base: 4,004 residents (US Census Bureau, 2020 Census).
  • 2020 to 2023 change: roughly 8.5% fewer residents than at the 2020 Census (US Census Bureau).
  • Rank among Arkansas places: 88th in population of 500 places (US Census Bureau).
  • Size percentile: about 82% of Arkansas's Census places are smaller (US Census Bureau).
  • Coordinates: it sits at 33.8834, -91.4856 in the US Census Bureau Gazetteer.
  • Nearest larger cities (within 120 miles): Monticello, AR (25 mi); Pine Bluff, AR (38 mi); Warren, AR (38 mi); Stuttgart, AR (42 mi); Greenville, MS (43 mi) (US Census Bureau populations).
  • Nearest smaller communities: Mitchellville, AR (2 mi); Winchester, AR (8 mi); Gould, AR (8 mi), each a US Census place.

What a personal loan costs in Dumas

The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.

Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.

Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.

Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.

Arkansas lending rules that apply in Dumas

The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Dumas.

RuleDetailSource
Small-loan / installment lender licensingSee 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 regulatorArkansas 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 statusNot 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 Dumas

Run through this list before signing anything in Dumas:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Arkansas using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Dumas?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Dumas are the same as elsewhere in Arkansas.
How much can I borrow with a personal loan in Dumas?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Dumas require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Dumas hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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