Gilbert at a glance
- Population: a Census-estimated 439, placing it 222nd among Louisiana's 302 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 448 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population fell about 2.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Louisiana places: 222nd of 302 by population (US Census Bureau, Vintage 2023).
- Size percentile: it exceeds roughly 26% of Louisiana's Census places by population (US Census Bureau).
- Coordinates: mapped at 32.0512, -91.6577 by the US Census Bureau Gazetteer.
- Nearest larger cities: Wisner, LA (5 mi); Winnsboro, LA (9 mi); Mangham, LA (19 mi); Waterproof, LA (23 mi); Clayton, LA (24 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Sicily Island, LA (14 mi); Baskin, LA (15 mi); Harrisonburg, LA (22 mi) — US Census Bureau populations.
What a personal loan costs in Gilbert
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
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.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Louisiana lending rules that apply in Gilbert
The sourced rows below are the rules a licensed lender must follow when lending in Louisiana, and therefore in Gilbert.
| Rule | Detail | Source |
|---|---|---|
| Licensed-lender consumer loan finance charge caps | 36% first $1,400; 27% to $4,000; 24% to $7,000; 21% above (R.S. 9:3519(A)) Source says: "Thirty-six percent per year for that portion of the unpaid principal amount of the loan not exceeding one thousand four hundred dollars" | Louisiana State Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum maximum conventional interest (La. R.S. 9:3500(C)(1)) Source says: "The amount of the conventional interest cannot exceed twelve percent per annum." | Louisiana State Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed — deferred presentment and small loans ($350 or less, 60 days or less) under OFI-issued licenses Source says: "Persons who make loans of $350 or less for a term of 60 days or less." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required from OFI before making consumer loans Source says: "Persons who wish to engage in the business of making consumer loans must hold a consumer loan license issued by this Office" | Louisiana Office of Financial Institutions as of 2026-09-16 |
| State lending regulator | Louisiana Office of Financial Institutions (OFI), Non-Depository Division Source says: "OFI is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana." | Louisiana Office of Financial Institutions as of 2026-09-16 |
How to compare offers in Gilbert
Run through this list before signing anything in Gilbert:
- 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.