Lincoln at a glance
- Population: the Census estimates 2,355 residents, ranking 121st of 500 places in Arkansas (Vintage 2023).
- 2020 Census base: 2,289 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: up about 2.9% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 121st by size among 500 communities (US Census Bureau).
- Size percentile: ahead of around 76% of Arkansas places in population terms (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 35.9488, -94.4175.
- Nearest larger cities: Prairie Grove, AR (7 mi); Farmington, AR (11 mi); Stilwell, OK (15 mi); Fayetteville, AR (16 mi); Siloam Springs, AR (18 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Westville, OK (9 mi); Greenland, AR (13 mi); West Fork, AR (13 mi), each a US Census place.
What a personal loan costs in Lincoln
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Arkansas lending rules that apply in Lincoln
The table lists the Arkansas rules that apply to a loan made in Lincoln, each with the regulator that published it.
| 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 Lincoln
The steps below are worth completing first when you borrow in Lincoln:
- 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.