Pea Ridge at a glance
- Population: 8,680 residents, the 43rd-largest of 500 places in Arkansas (US Census Bureau, Vintage 2023).
- 2020 Census base: 6,602 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: population rose about 31.5% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Arkansas places: 43rd largest of 500 (US Census Bureau).
- Size percentile: roughly 91% of places in Arkansas rank below it by population (US Census Bureau).
- Coordinates: 36.4528, -94.1259 (US Census Bureau Gazetteer).
- Nearest larger cities: Bella Vista, AR (8 mi); Bentonville, AR (9 mi); Rogers, AR (9 mi); Centerton, AR (12 mi); Lowell, AR (14 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Little Flock, AR (5 mi); Avoca, AR (5 mi); Garfield, AR (8 mi) (US Census Bureau).
What a personal loan costs in Pea Ridge
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Arkansas lending rules that apply in Pea Ridge
The table carries the Arkansas rate and licensing rules that apply to consumer loans made in Pea Ridge.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Pea Ridge
The steps below are worth completing first when you borrow in Pea Ridge:
- 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.