Morrilton at a glance
- Population: 7,083, the 55th-largest community in Arkansas out of 500 (US Census Bureau, Vintage 2023).
- 2020 Census base: 6,989 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up roughly 1.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 55th of the state's 500 Census places (US Census Bureau).
- Size percentile: ahead of around 89% of Arkansas places in population terms (US Census Bureau).
- Coordinates: 35.1555 latitude, -92.7389 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Conway, AR (16 mi); Russellville, AR (24 mi); Maumelle, AR (28 mi); Little Rock, AR (37 mi); Sherwood, AR (37 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Oppelo, AR (4 mi); Plumerville, AR (5 mi); Perry, AR (8 mi) (US Census Bureau).
What a personal loan costs in Morrilton
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Morrilton
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Morrilton.
| 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 Morrilton
Before you commit to a personal loan in Morrilton, work through these steps:
- 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.