Redfield at a glance
- Population: 1,490 — 159th in Arkansas, which has 500 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 1,505 residents here (US Census Bureau).
- 2020 to 2023 change: about 1.0% lower than the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: 159th-largest of 500 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 68% of Arkansas places in population terms (US Census Bureau).
- Coordinates: 34.4393, -92.1885 (US Census Bureau Gazetteer).
- Nearest larger cities: White Hall, AR (12 mi); Wrightsville, AR (13 mi); England, AR (15 mi); Sheridan, AR (17 mi); Shannon Hills, AR (17 mi) (Census populations, approximate straight-line distance).
- Nearest smaller communities: Sherrill, AR (14 mi); Keo, AR (15 mi); Coy, AR (19 mi), each a US Census place.
What a personal loan costs in Redfield
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
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.
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 Redfield
Read the table as the compliance picture for a lender serving Redfield: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Redfield
The order below is a sensible way to approach a loan in Redfield:
- 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.