Tallapoosa at a glance
- Population: the Census estimates 74 residents, ranking 835th of 937 places in Missouri (Vintage 2023).
- 2020 Census base: 79 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: down about 6.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Missouri places: 835th in population of 937 places (US Census Bureau).
- Size percentile: about 11% of places in Missouri are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 36.5061, -89.8170.
- Nearest larger cities: Risco, MO (3 mi); Gideon, MO (7 mi); Parma, MO (7 mi); Portageville, MO (8 mi); Clarkton, MO (9 mi); US Census Bureau population estimates.
- Nearest smaller communities: Catron, MO (10 mi); Homestown, MO (12 mi); North Lilbourn, MO (13 mi), each a US Census place.
What a personal loan costs in Tallapoosa
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Missouri lending rules that apply in Tallapoosa
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
How to compare offers in Tallapoosa
Run through this list before signing anything in Tallapoosa:
- 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.