Fifty-Six at a glance
- Population: the Census estimates 160 residents, ranking 398th of 500 places in Arkansas (Vintage 2023).
- 2020 Census base: the 2020 Census recorded 158 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 1.3% since the 2020 count (US Census Bureau).
- Rank among Arkansas places: 398th in population of 500 places (US Census Bureau).
- Size percentile: it exceeds roughly 20% of Arkansas's Census places by population (US Census Bureau).
- Coordinates: 35.9635, -92.2334 (US Census Bureau Gazetteer).
- Nearest larger cities: Mountain View, AR (10 mi); Calico Rock, AR (12 mi); Norfork, AR (17 mi); Salesville, AR (19 mi); Leslie, AR (20 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Big Flat, AR (10 mi); Pineville, AR (15 mi); Guion, AR (17 mi) (Census populations).
What a personal loan costs in Fifty-Six
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Arkansas lending rules that apply in Fifty-Six
The table carries the Arkansas rate and licensing rules that apply to consumer loans made in Fifty-Six.
| 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 Fifty-Six
These steps are the ones that most affect the offer you receive in Fifty-Six:
- 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.