Queen City at a glance
- Population: the Census estimates 559 residents, ranking 446th of 937 places in Missouri (Vintage 2023).
- 2020 Census base: 555 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 0.7% more residents than the 2020 Census base (US Census Bureau).
- Rank among Missouri places: 446th out of 937 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 52% of Missouri's Census places by population (US Census Bureau).
- Coordinates: it sits at 40.4118, -92.5667 in the US Census Bureau Gazetteer.
- Nearest larger cities: Lancaster, MO (8 mi); Kirksville, MO (15 mi); Moulton, IA (20 mi); Memphis, MO (21 mi); Green City, MO (23 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Greentop, MO (4 mi); Worthington, MO (6 mi); Glenwood, MO (8 mi), each a US Census place.
What a personal loan costs in Queen City
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Missouri lending rules that apply in Queen City
The Missouri rate caps and licensing rules that reach Queen City are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
How to compare offers in Queen City
A few practical steps will make the process in Queen City less costly:
- 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.