Norfork at a glance
- Population: roughly 474 people; 266th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 count put the population at 468 (US Census Bureau).
- 2020 to 2023 change: up roughly 1.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 266th out of 500 Census places (US Census Bureau).
- Size percentile: roughly 47% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: latitude 36.2095, longitude -92.2778 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Salesville, AR (2 mi); Calico Rock, AR (10 mi); Mountain Home, AR (11 mi); Gassville, AR (13 mi); Cotter, AR (14 mi) (US Census Bureau populations).
- Smaller towns nearby: Briarcliff, AR (4 mi); Pineville, AR (10 mi); Big Flat, AR (16 mi) (US Census Bureau).
What a personal loan costs in Norfork
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.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Arkansas lending rules that apply in Norfork
The table carries the Arkansas rate and licensing rules that apply to consumer loans made in Norfork.
| 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 Norfork
A few practical steps will make the process in Norfork less costly:
- 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.