Mooringsport at a glance
- Population: 707 (US Census Bureau, Vintage 2023 subcounty estimate), the 183rd-largest of 302 places in Louisiana.
- 2020 Census base: 745 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: population fell about 5.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Louisiana places: 183rd largest of 302 (US Census Bureau).
- Size percentile: about 39% of places in Louisiana are smaller (US Census Bureau).
- Coordinates: 32.6794, -93.9602 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (within 120 miles): Oil City, LA (5 mi); Blanchard, LA (7 mi); Benton, LA (13 mi); Vivian, LA (13 mi); Waskom, TX (15 mi) (US Census Bureau populations).
- Nearest smaller towns: Belcher, LA (9 mi); Uncertain, TX (10 mi); Gilliam, LA (12 mi) — US Census Bureau populations.
What a personal loan costs in Mooringsport
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Louisiana lending rules that apply in Mooringsport
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 |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mooringsport
A few practical steps will make the process in Mooringsport 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.