Grannis at a glance
- Population: a Census-estimated 499, placing it 256th among Arkansas's 500 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 496 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up about 0.6% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 256th of 500 by population (US Census Bureau, Vintage 2023).
- Size percentile: ahead of around 49% of Arkansas places in population terms (US Census Bureau).
- Coordinates: 34.2402 / -94.3220, per the US Census Bureau Gazetteer.
- Nearest larger cities: Wickes, AR (4 mi); De Queen, AR (14 mi); Dierks, AR (19 mi); Lockesburg, AR (20 mi); Horatio, AR (21 mi); US Census Bureau population estimates.
- Nearest smaller towns: Gillham, AR (5 mi); Vandervoort, AR (10 mi); Cove, AR (15 mi) — US Census Bureau populations.
What a personal loan costs in Grannis
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Arkansas lending rules that apply in Grannis
The table lists the Arkansas rules that apply to a loan made in Grannis, each with the regulator that published it.
| 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 Grannis
The steps below are worth completing first when you borrow in Grannis:
- 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.