Highland at a glance
- Population: about 1,041, 182nd by size in Arkansas of 500 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 985 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: population rose about 5.7% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Arkansas places: 182nd of the state's 500 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 64% of Arkansas's Census places by population (US Census Bureau).
- Coordinates: 36.2694 latitude, -91.5198 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Cherokee Village, AR (3 mi); Ash Flat, AR (5 mi); Horseshoe Bend, AR (13 mi); Thayer, MO (18 mi); Salem, AR (18 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Hardy, AR (4 mi); Williford, AR (9 mi); Evening Shade, AR (15 mi), per US Census Bureau estimates.
What a personal loan costs in Highland
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Arkansas lending rules that apply in Highland
The Arkansas rate caps and licensing rules that reach Highland are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Highland
A few practical steps will make the process in Highland less costly:
- 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.