Marion at a glance
- Population: about 604, 199th by size in Louisiana of 302 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 624 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 3.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Louisiana places: 199th in population of 302 places (US Census Bureau).
- Size percentile: about 34% of Louisiana's Census places are smaller (US Census Bureau).
- Coordinates: mapped at 32.8979, -92.2404 by the US Census Bureau Gazetteer.
- Nearest larger cities: Farmerville, LA (13 mi); Sterlington, LA (18 mi); Bastrop, LA (21 mi); Crossett, AR (23 mi); Bernice, LA (25 mi); US Census Bureau population estimates.
- Smaller places close by: Huttig, AR (10 mi); Felsenthal, AR (12 mi); Strong, AR (16 mi) (US Census Bureau).
What a personal loan costs in Marion
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Louisiana lending rules that apply in Marion
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Marion
Run through this list before signing anything in Marion:
- 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.