Sicily Island at a glance
- Population: the Census estimates 344 residents, ranking 234th of 302 places in Louisiana (Vintage 2023).
- 2020 Census base: the 2020 Census recorded 368 residents here (US Census Bureau).
- 2020 to 2023 change: population fell about 6.5% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Louisiana places: 234th by size among 302 communities (US Census Bureau).
- Size percentile: about 23% of Louisiana's Census places are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 31.8488, -91.6594.
- Nearest larger cities: Wisner, LA (9 mi); Clayton, LA (11 mi); Gilbert, LA (14 mi); Ferriday, LA (16 mi); Waterproof, LA (16 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Harrisonburg, LA (11 mi); Baskin, LA (29 mi); Columbia, LA (30 mi) — US Census Bureau populations.
What a personal loan costs in Sicily Island
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Louisiana lending rules that apply in Sicily Island
The sourced rows below are the rules a licensed lender must follow when lending in Louisiana, and therefore in Sicily Island.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 12% per annum maximum conventional interest (La. R.S. 9:3500(C)(1)) Source says: "The amount of the conventional interest cannot exceed twelve percent per annum." | Louisiana State Legislature as of 2026-09-16 |
| Payday lending status | Legal and licensed — deferred presentment and small loans ($350 or less, 60 days or less) under OFI-issued licenses Source says: "Persons who make loans of $350 or less for a term of 60 days or less." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required from OFI before making consumer loans Source says: "Persons who wish to engage in the business of making consumer loans must hold a consumer loan license issued by this Office" | Louisiana Office of Financial Institutions as of 2026-09-16 |
| State lending regulator | Louisiana Office of Financial Institutions (OFI), Non-Depository Division Source says: "OFI is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Licensed-lender consumer loan finance charge caps | 36% first $1,400; 27% to $4,000; 24% to $7,000; 21% above (R.S. 9:3519(A)) Source says: "Thirty-six percent per year for that portion of the unpaid principal amount of the loan not exceeding one thousand four hundred dollars" | Louisiana State Legislature as of 2026-09-16 |
How to compare offers in Sicily Island
Before you share your details with a lender in Sicily Island:
- 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.