Mountain Pine at a glance
- Population: roughly 573 people; 243rd of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 583 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 1.7% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Arkansas places: 243rd largest of 500 (US Census Bureau).
- Size percentile: about 51% of Arkansas's Census places are smaller (US Census Bureau).
- Coordinates: latitude 34.5696, longitude -93.1715 (US Census Bureau Gazetteer).
- Nearest larger cities: Hot Springs, AR (9 mi); Rockport, AR (24 mi); Malvern, AR (24 mi); Mount Ida, AR (26 mi); Glenwood, AR (26 mi); each population is a US Census Bureau estimate.
- Smaller places nearby: Fountain Lake, AR (15 mi); Lonsdale, AR (21 mi); Midway, AR (25 mi), per US Census Bureau estimates.
What a personal loan costs in Mountain Pine
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Arkansas lending rules that apply in Mountain Pine
The Arkansas rate caps and licensing rules that reach Mountain Pine are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mountain Pine
The steps below are worth completing first when you borrow in Mountain Pine:
- 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.