Mount Vernon at a glance
- Population: 146 (US Census Bureau, Vintage 2023 subcounty estimate), the 412th-largest of 500 places in Arkansas.
- 2020 Census base: the 2020 Census recorded 144 residents here (US Census Bureau).
- 2020 to 2023 change: about 1.4% growth over the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: 412th in population of 500 places (US Census Bureau).
- Size percentile: about 18% of places in Arkansas are smaller (US Census Bureau).
- Coordinates: it sits at 35.2236, -92.1240 in the US Census Bureau Gazetteer.
- Nearest larger cities: Enola, AR (5 mi); Rose Bud, AR (7 mi); Holland, AR (10 mi); Vilonia, AR (11 mi); Quitman, AR (12 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Higden, AR (24 mi); Fourche, AR (32 mi); Georgetown, AR (38 mi) — US Census Bureau populations.
What a personal loan costs in Mount Vernon
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Mount Vernon
Read the table as the compliance picture for a lender serving Mount Vernon: label, sourced figure, publisher and date.
| 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 Mount Vernon
Before you share your details with a lender in Mount Vernon:
- 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.