Newtown at a glance
- Population: 109, the 781st-largest community in Missouri out of 937 (US Census Bureau, Vintage 2023).
- 2020 Census base: 114 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: population fell about 4.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Missouri places: 781st in population of 937 places (US Census Bureau).
- Size percentile: it is larger than about 17% of the places in Missouri (US Census Bureau).
- Coordinates: it sits at 40.3746, -93.3324 in the US Census Bureau Gazetteer.
- Nearest larger cities: Princeton, MO (14 mi); Mercer, MO (14 mi); Milan, MO (16 mi); Spickard, MO (16 mi); Galt, MO (17 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller places: Harris, MO (5 mi); Lucerne, MO (7 mi); Powersville, MO (12 mi) (US Census Bureau estimates).
What a personal loan costs in Newtown
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Missouri lending rules that apply in Newtown
The table carries the Missouri rate and licensing rules that apply to consumer loans made in Newtown.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
How to compare offers in Newtown
These steps are the ones that most affect the offer you receive in Newtown:
- 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.