Nimmons at a glance
- Population: 64 residents, the 482nd-largest of 500 places in Arkansas (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 66 residents here (US Census Bureau).
- 2020 to 2023 change: down roughly 3.0% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 482nd out of 500 Census places (US Census Bureau).
- Size percentile: larger than about 4% of the Census places in Arkansas (US Census Bureau).
- Coordinates: 36.3062, -90.0951 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Kennett, MO (5 mi); Greenway, AR (7 mi); Holcomb, MO (8 mi); Piggott, AR (8 mi); St. Francis, AR (11 mi) (US Census Bureau).
- Nearest smaller towns: Bragg City, MO (11 mi); Rives, MO (15 mi); Catron, MO (30 mi) (US Census Bureau).
What a personal loan costs in Nimmons
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Arkansas lending rules that apply in Nimmons
Each row below is a Arkansas rule with its publisher and the date it was retrieved.
| 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 Nimmons
Run through this list before signing anything in Nimmons:
- 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.