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Personal loans in Leonville, LA

A personal loan in Leonville is a fixed-term installment product, and the price a lender offers you is driven by your credit profile, income and existing debts. Leonville is home to about 876 people and ranks 164th among the 302 Census places in Louisiana. Louisiana law sets the rate ceilings and the licensing a lender must hold, and the table below lists each sourced figure.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Leonville at a glance

  • Population: 876, the 164th-largest community in Louisiana out of 302 (US Census Bureau, Vintage 2023).
  • 2020 Census base: the 2020 count put the population at 869 (US Census Bureau).
  • 2020 to 2023 change: a gain of roughly 0.8% between the 2020 count and the 2023 estimate (US Census Bureau).
  • Rank among Louisiana places: 164th out of 302 Census places (US Census Bureau).
  • Size percentile: about 46% of Louisiana's Census places are smaller (US Census Bureau).
  • Coordinates: it sits at 30.4619, -91.9835 in the US Census Bureau Gazetteer.
  • Nearest larger cities: Arnaudville, LA (5 mi); Sunset, LA (6 mi); Port Barre, LA (7 mi); Opelousas, LA (7 mi); Carencro, LA (11 mi); each population is a US Census Bureau estimate.
  • Nearest smaller towns: Grand Coteau, LA (5 mi); Cankton, LA (11 mi); Washington, LA (12 mi) — US Census Bureau populations.

What a personal loan costs in Leonville

A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.

The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.

A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.

Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.

Louisiana lending rules that apply in Leonville

The Louisiana rate caps and licensing rules that reach Leonville are listed below, each with its source and retrieval date.

RuleDetailSource
Payday lending statusLegal 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 licensingConsumer 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 regulatorLouisiana 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
Licensed-lender consumer loan finance charge caps36% 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

How to compare offers in Leonville

Here is a short checklist for comparing personal loans in Leonville:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Louisiana using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Leonville?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Leonville are the same as elsewhere in Louisiana.
How much can I borrow with a personal loan in Leonville?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Leonville require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Leonville hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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