Lockport at a glance
- Population: 2,378, the 105th-largest community in Louisiana out of 302 (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 2,499 (US Census Bureau).
- 2020 to 2023 change: down about 4.8% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Louisiana places: 105th of the state's 302 Census places (US Census Bureau).
- Size percentile: it is larger than about 65% of the places in Louisiana (US Census Bureau).
- Coordinates: 29.6441, -90.5316 (US Census Bureau Gazetteer).
- Nearest larger cities: Houma, LA (12 mi); Thibodaux, LA (20 mi); Harahan, LA (28 mi); Westwego, LA (29 mi); Kenner, LA (30 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller places: Golden Meadow, LA (24 mi); Jean Lafitte, LA (27 mi); Napoleonville, LA (36 mi) (US Census Bureau estimates).
What a personal loan costs in Lockport
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Louisiana lending rules that apply in Lockport
Read the table as the compliance picture for a lender serving Lockport: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| Licensed-lender consumer loan finance charge caps | 36% 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 |
| Payday lending status | Legal 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 licensing | Consumer 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 regulator | Louisiana 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 |
How to compare offers in Lockport
Before you commit to a personal loan in Lockport, work through these steps:
- 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.