Plaquemine at a glance
- Population: 5,998 — 52nd in Louisiana, which has 302 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 6,275 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down about 4.4% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Louisiana places: 52nd by size among 302 communities (US Census Bureau).
- Size percentile: roughly 83% of Louisiana's places have fewer residents (US Census Bureau).
- Coordinates: latitude 30.2832, longitude -91.2438 (US Census Bureau Gazetteer).
- Nearest larger cities: Addis, LA (6 mi); St. Gabriel, LA (9 mi); Gonzales, LA (20 mi); Donaldsonville, LA (20 mi); Baker, LA (21 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Brusly, LA (8 mi); White Castle, LA (10 mi); Port Allen, LA (11 mi) (US Census Bureau).
What a personal loan costs in Plaquemine
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Louisiana lending rules that apply in Plaquemine
The Louisiana rate caps and licensing rules that reach Plaquemine are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Louisiana Office of Financial Institutions (OFI), Non-Depository Division Source says: "OFI is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Licensed-lender consumer loan finance charge caps | 36% first $1,400; 27% to $4,000; 24% to $7,000; 21% above (R.S. 9:3519(A)) Source says: "Thirty-six percent per year for that portion of the unpaid principal amount of the loan not exceeding one thousand four hundred dollars" | Louisiana State Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum maximum conventional interest (La. R.S. 9:3500(C)(1)) Source says: "The amount of the conventional interest cannot exceed twelve percent per annum." | Louisiana State Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed — deferred presentment and small loans ($350 or less, 60 days or less) under OFI-issued licenses Source says: "Persons who make loans of $350 or less for a term of 60 days or less." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required from OFI before making consumer loans Source says: "Persons who wish to engage in the business of making consumer loans must hold a consumer loan license issued by this Office" | Louisiana Office of Financial Institutions as of 2026-09-16 |
How to compare offers in Plaquemine
The steps below are worth completing first when you borrow in Plaquemine:
- 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.