Lake View at a glance
- Population: about 296 residents, ranking 325th of 500 Census places in Arkansas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 328 residents here (US Census Bureau).
- 2020 to 2023 change: population fell about 9.8% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Arkansas places: 325th-largest of 500 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 35% of places in Arkansas rank below it by population (US Census Bureau).
- Coordinates: latitude 34.4212, longitude -90.8133 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Elaine, AR (8 mi); Friars Point, MS (11 mi); Marvell, AR (11 mi); Helena-West Helena, AR (13 mi); Clarksdale, MS (21 mi) (US Census Bureau populations).
- Nearest smaller towns: Lexa, AR (13 mi); Rondo, AR (16 mi); LaGrange, AR (17 mi) — US Census Bureau populations.
What a personal loan costs in Lake View
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Arkansas lending rules that apply in Lake View
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Lake View
The order below is a sensible way to approach a loan in Lake View:
- 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.