Newark at a glance
- Population: 1,178 residents, the 172nd-largest of 500 places in Arkansas (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,180 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: a decline of roughly 0.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 172nd in population of 500 places (US Census Bureau).
- Size percentile: roughly 66% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: 35.7076 / -91.4434, per the US Census Bureau Gazetteer.
- Nearest larger cities: Southside, AR (11 mi); Batesville, AR (11 mi); Diaz, AR (11 mi); Newport, AR (13 mi); Tuckerman, AR (14 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Magness, AR (2 mi); Sulphur Rock, AR (4 mi); Oil Trough, AR (6 mi) (US Census Bureau).
What a personal loan costs in Newark
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
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.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Arkansas lending rules that apply in Newark
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Newark.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Newark
Before you commit to a personal loan in Newark, 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.