Ravenden Springs at a glance
- Population: a Census-estimated 120, placing it 428th among Arkansas's 500 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 120 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: under a tenth of a percent either way (US Census Bureau Vintage 2023 estimate).
- Rank among Arkansas places: 428th largest of 500 (US Census Bureau).
- Size percentile: larger than about 14% of the Census places in Arkansas (US Census Bureau).
- Coordinates: latitude 36.3127, longitude -91.2233 (US Census Bureau Gazetteer).
- Nearest larger cities: Ravenden, AR (5 mi); Imboden, AR (8 mi); Hardy, AR (14 mi); Pocahontas, AR (14 mi); Black Rock, AR (16 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Williford, AR (9 mi); Powhatan, AR (17 mi); Smithville, AR (17 mi) (US Census Bureau).
What a personal loan costs in Ravenden Springs
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Arkansas lending rules that apply in Ravenden Springs
The table lists the Arkansas rules that apply to a loan made in Ravenden Springs, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Ravenden Springs
Before you share your details with a lender in Ravenden Springs:
- 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.