Logansport at a glance
- Population: roughly 1,332 people; 134th of 302 places in Louisiana (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,337 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 0.4% lower than the 2020 Census base (US Census Bureau).
- Rank among Louisiana places: 134th by size among 302 communities (US Census Bureau).
- Size percentile: roughly 56% of places in Louisiana rank below it by population (US Census Bureau).
- Coordinates: it sits at 31.9758, -93.9934 in the US Census Bureau Gazetteer.
- Nearest larger cities: Center, TX (17 mi); Mansfield, LA (18 mi); Stonewall, LA (23 mi); Carthage, TX (24 mi); Zwolle, LA (31 mi); US Census Bureau population estimates.
- Nearest smaller towns: Joaquin, TX (3 mi); Stanley, LA (5 mi); Longstreet, LA (9 mi) (US Census Bureau).
What a personal loan costs in Logansport
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Louisiana lending rules that apply in Logansport
Each row below is a Louisiana rule with its publisher and the date it was retrieved.
| 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 Logansport
A few practical steps will make the process in Logansport less costly:
- 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.