Grand Isle at a glance
- Population: 966 (US Census Bureau, Vintage 2023 subcounty estimate), the 156th-largest of 302 places in Louisiana.
- 2020 Census base: the 2020 Census recorded 1,007 residents here (US Census Bureau).
- 2020 to 2023 change: a loss of about 4.1% since the 2020 count (US Census Bureau).
- Rank among Louisiana places: 156th out of 302 Census places (US Census Bureau).
- Size percentile: about 48% of places in Louisiana are smaller (US Census Bureau).
- Coordinates: latitude 29.2129, longitude -90.0291 (US Census Bureau Gazetteer).
- Nearest larger cities: Golden Meadow, LA (19 mi); Jean Lafitte, LA (38 mi); Lockport, LA (42 mi); Houma, LA (48 mi); Gretna, LA (48 mi), each a US Census place with its estimated population.
- Smaller places close by: Napoleonville, LA (78 mi); Madisonville, LA (82 mi); Springfield, LA (89 mi) (US Census Bureau).
What a personal loan costs in Grand Isle
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
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-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Louisiana lending rules that apply in Grand Isle
Each row below is a Louisiana rule with its publisher and the date it was retrieved.
| 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 Grand Isle
Here is a short checklist for comparing personal loans in Grand Isle:
- 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.