Luxora at a glance
- Population: roughly 882 people; 194th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 938 (US Census Bureau).
- 2020 to 2023 change: population fell about 6.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Arkansas places: the 194th-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: larger than about 61% of the Census places in Arkansas (US Census Bureau).
- Coordinates: 35.7577 latitude, -89.9295 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Osceola, AR (6 mi); Blytheville, AR (12 mi); Gosnell, AR (14 mi); Manila, AR (16 mi); Covington, TN (21 mi) (US Census Bureau).
- Smaller places nearby: Burdette, AR (4 mi); Victoria, AR (7 mi); Dell, AR (9 mi), per US Census Bureau estimates.
What a personal loan costs in Luxora
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Arkansas lending rules that apply in Luxora
Read the table as the compliance picture for a lender serving Luxora: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Luxora
The order below is a sensible way to approach a loan in Luxora:
- 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.