Scranton at a glance
- Population: 249 — 348th in Arkansas, which has 500 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 239 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up about 4.2% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: the 348th-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: it exceeds roughly 30% of Arkansas's Census places by population (US Census Bureau).
- Coordinates: 35.3604, -93.5397 (US Census Bureau Gazetteer).
- Nearest larger cities: Subiaco, AR (7 mi); Hartman, AR (7 mi); Clarksville, AR (7 mi); Coal Hill, AR (9 mi); Lamar, AR (10 mi); each population is a US Census Bureau estimate.
- Smaller places close by: Morrison Bluff, AR (2 mi); Denning, AR (13 mi); Wiederkehr Village, AR (15 mi) (US Census Bureau).
What a personal loan costs in Scranton
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Arkansas lending rules that apply in Scranton
The Arkansas rate caps and licensing rules that reach Scranton are listed below, each with its source and retrieval date.
| 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 Scranton
A few practical steps will make the process in Scranton 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 Arkansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.