Gravois Mills at a glance
- Population: roughly 134 people; 748th of 937 places in Missouri (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 129 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: up roughly 3.9% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Missouri places: 748th largest of 937 (US Census Bureau).
- Size percentile: it exceeds roughly 20% of Missouri's Census places by population (US Census Bureau).
- Coordinates: latitude 38.2995, longitude -92.8250 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Laurie, MO (6 mi); Versailles, MO (9 mi); Village of Four Seasons, MO (9 mi); Sunrise Beach, MO (10 mi); Barnett, MO (10 mi) (US Census Bureau).
- Smaller towns nearby: Bagnell, MO (13 mi); Friedenswald, MO (16 mi); Olean, MO (18 mi) (US Census Bureau).
What a personal loan costs in Gravois Mills
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Missouri lending rules that apply in Gravois Mills
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
How to compare offers in Gravois Mills
Before you share your details with a lender in Gravois Mills:
- 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.