Lohman at a glance
- Population: 177 (US Census Bureau, Vintage 2023 subcounty estimate), the 696th-largest of 937 places in Missouri.
- 2020 Census base: 173 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up roughly 2.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Missouri places: 696th of 937 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 26% of places in Missouri rank below it by population (US Census Bureau).
- Coordinates: latitude 38.5429, longitude -92.3646 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): St. Martins, MO (4 mi); Russellville, MO (5 mi); Centertown, MO (6 mi); Jefferson City, MO (10 mi); Wardsville, MO (10 mi) (US Census Bureau).
- Smaller towns nearby: Hartsburg, MO (11 mi); Olean, MO (13 mi); Barnett, MO (20 mi) (US Census Bureau).
What a personal loan costs in Lohman
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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.
Missouri lending rules that apply in Lohman
The table lists the Missouri rules that apply to a loan made in Lohman, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
How to compare offers in Lohman
Before you commit to a personal loan in Lohman, 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.