Salesville at a glance
- Population: 512 people, the 250th-largest place among Arkansas's 500 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 472 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 8.5% growth over the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: 250th of the state's 500 Census places (US Census Bureau).
- Size percentile: larger than about 50% of the Census places in Arkansas (US Census Bureau).
- Coordinates: 36.2391 latitude, -92.2775 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Mountain Home, AR (9 mi); Calico Rock, AR (12 mi); Gassville, AR (12 mi); Cotter, AR (14 mi); Lakeview, AR (17 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Norfork, AR (2 mi); Briarcliff, AR (2 mi); Pineville, AR (11 mi) — US Census Bureau populations.
What a personal loan costs in Salesville
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Arkansas lending rules that apply in Salesville
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Salesville.
| 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 Salesville
The steps below are worth completing first when you borrow in Salesville:
- 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.