Maynard at a glance
- Population: 376, the 298th-largest community in Arkansas out of 500 (US Census Bureau, Vintage 2023).
- 2020 Census base: 376 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: held steady across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 298th largest of 500 (US Census Bureau).
- Size percentile: about 40% of places in Arkansas are smaller (US Census Bureau).
- Coordinates: 36.4215 latitude, -90.9018 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Reyno, AR (9 mi); Pocahontas, AR (12 mi); Doniphan, MO (15 mi); Corning, AR (18 mi); Naylor, MO (20 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Biggers, AR (8 mi); Datto, AR (10 mi); Success, AR (10 mi), per US Census Bureau estimates.
What a personal loan costs in Maynard
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Arkansas lending rules that apply in Maynard
The table lists the Arkansas rules that apply to a loan made in Maynard, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Maynard
A few practical steps will make the process in Maynard 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 Arkansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.