Emmet at a glance
- Population: a Census-estimated 401, placing it 289th among Arkansas's 500 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 415 (US Census Bureau).
- 2020 to 2023 change: population fell about 3.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Arkansas places: the 289th-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: larger than about 42% of the Census places in Arkansas (US Census Bureau).
- Coordinates: 33.7225, -93.4662 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Prescott, AR (7 mi); Hope, AR (8 mi); Gurdon, AR (22 mi); Stamps, AR (25 mi); Lewisville, AR (26 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Perrytown, AR (4 mi); Oakhaven, AR (9 mi); Bodcaw, AR (12 mi) (US Census Bureau).
What a personal loan costs in Emmet
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
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.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Arkansas lending rules that apply in Emmet
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Emmet.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Emmet
The steps below are worth completing first when you borrow in Emmet:
- 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.