Vivian at a glance
- Population: 2,942 — 90th in Louisiana, which has 302 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 Census recorded 3,070 residents here (US Census Bureau).
- 2020 to 2023 change: down about 4.2% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Louisiana places: the 90th-largest of 302 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 70% of Louisiana's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 32.8711, -93.9862 by the US Census Bureau Gazetteer.
- Nearest larger cities: Blanchard, LA (19 mi); Atlanta, TX (20 mi); Shreveport, LA (30 mi); Greenwood, LA (30 mi); Bossier City, LA (31 mi) (Census populations, approximate straight-line distance).
- Smaller towns nearby: Hosston, LA (6 mi); Rodessa, LA (7 mi); Oil City, LA (9 mi) (US Census Bureau).
What a personal loan costs in Vivian
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Louisiana lending rules that apply in Vivian
The Louisiana rate caps and licensing rules that reach Vivian are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Vivian
A few practical steps will make the process in Vivian 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.