Portland at a glance
- Population: a Census-estimated 311, placing it 318th among Arkansas's 500 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 324 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: population fell about 4.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Arkansas places: 318th of the state's 500 Census places (US Census Bureau).
- Size percentile: roughly 36% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: 33.2379, -91.5109 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Wilmot, AR (13 mi); Lake Village, AR (15 mi); Eudora, AR (16 mi); Hamburg, AR (17 mi); Kilbourne, LA (20 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Montrose, AR (4 mi); Parkdale, AR (8 mi); Fountain Hill, AR (21 mi), each a US Census place.
What a personal loan costs in Portland
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Arkansas lending rules that apply in Portland
Read the table as the compliance picture for a lender serving Portland: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Portland
Run through this list before signing anything in Portland:
- 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.