Powhatan at a glance
- Population: about 99, 297th by size in Louisiana of 302 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 101 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: population fell about 2.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Louisiana places: 297th in population of 302 places (US Census Bureau).
- Size percentile: roughly 2% of Louisiana's places have fewer residents (US Census Bureau).
- Coordinates: it sits at 31.8738, -93.2032 in the US Census Bureau Gazetteer.
- Nearest larger cities: Campti, LA (5 mi); Clarence, LA (11 mi); Natchitoches, LA (11 mi); Coushatta, LA (13 mi); Robeline, LA (14 mi); US Census Bureau population estimates.
- Nearest smaller towns: Jamestown, LA (32 mi); Bryceland, LA (41 mi); Mount Lebanon, LA (45 mi) — US Census Bureau populations.
What a personal loan costs in Powhatan
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our personal loan calculator.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Louisiana lending rules that apply in Powhatan
The sourced rows below are the rules a licensed lender must follow when lending in Louisiana, and therefore in Powhatan.
| 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 Powhatan
The order below is a sensible way to approach a loan in Powhatan:
- 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.