Lepanto at a glance
- Population: the Census estimates 1,660 residents, ranking 150th of 500 places in Arkansas (Vintage 2023).
- 2020 Census base: 1,734 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: roughly 4.3% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Arkansas places: 150th out of 500 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 70% of Arkansas's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 35.6085, -90.3330.
- Nearest larger cities: Marked Tree, AR (8 mi); Trumann, AR (12 mi); Bay, AR (16 mi); Lake City, AR (16 mi); Osceola, AR (20 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Dyess, AR (7 mi); Tyronza, AR (9 mi); Etowah, AR (9 mi) (US Census Bureau).
What a personal loan costs in Lepanto
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Arkansas lending rules that apply in Lepanto
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Lepanto.
| 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 Lepanto
The order below is a sensible way to approach a loan in Lepanto:
- 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.