Mammoth Spring at a glance
- Population: 942 — 189th in Arkansas, which has 500 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 929 residents here (US Census Bureau).
- 2020 to 2023 change: a gain of roughly 1.4% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 189th of the state's 500 Census places (US Census Bureau).
- Size percentile: roughly 62% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 36.4924, -91.5411.
- Nearest larger cities: Thayer, MO (2 mi); Cherokee Village, AR (14 mi); Highland, AR (15 mi); Salem, AR (18 mi); Ash Flat, AR (18 mi); each population is a US Census Bureau estimate.
- Smaller places nearby: Koshkonong, MO (9 mi); Hardy, AR (12 mi); Brandsville, MO (14 mi), per US Census Bureau estimates.
What a personal loan costs in Mammoth Spring
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
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.
Arkansas lending rules that apply in Mammoth Spring
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Mammoth Spring.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mammoth Spring
The steps below are worth completing first when you borrow in Mammoth Spring:
- 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.