Oakhaven at a glance
- Population: 66 — 479th in Arkansas, which has 500 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 69 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 4.3% below the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: 479th by size among 500 communities (US Census Bureau).
- Size percentile: it is larger than about 4% of the places in Arkansas (US Census Bureau).
- Coordinates: 33.7294 / -93.6208, per the US Census Bureau Gazetteer.
- Nearest larger cities: Hope, AR (5 mi); Washington, AR (5 mi); Perrytown, AR (6 mi); Emmet, AR (9 mi); Blevins, AR (10 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Ozan, AR (10 mi); McNab, AR (13 mi); McCaskill, AR (13 mi) (US Census Bureau estimates).
What a personal loan costs in Oakhaven
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Oakhaven
Read the table as the compliance picture for a lender serving Oakhaven: label, sourced figure, publisher and date.
| 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 Oakhaven
The steps below are worth completing first when you borrow in Oakhaven:
- 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.