Mulberry at a glance
- Population: the Census estimates 1,616 residents, ranking 151st of 500 places in Arkansas (Vintage 2023).
- 2020 Census base: 1,542 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 4.8% more residents than the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: 151st in population of 500 places (US Census Bureau).
- Size percentile: ahead of around 70% of Arkansas places in population terms (US Census Bureau).
- Coordinates: 35.5085, -94.0748 (US Census Bureau Gazetteer).
- Nearest larger cities: Alma, AR (8 mi); Ozark, AR (13 mi); Lavaca, AR (14 mi); Charleston, AR (15 mi); Van Buren, AR (16 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Dyer, AR (4 mi); Rudy, AR (9 mi); Kibler, AR (11 mi) (US Census Bureau).
What a personal loan costs in Mulberry
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Arkansas lending rules that apply in Mulberry
The Arkansas rate caps and licensing rules that reach Mulberry are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mulberry
Before you share your details with a lender in Mulberry:
- 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.