Washington at a glance
- Population: about 90 residents, ranking 460th of 500 Census places in Arkansas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 94 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 4.3% lower than the 2020 Census base (US Census Bureau).
- Rank among Arkansas places: 460th out of 500 Census places (US Census Bureau).
- Size percentile: about 8% of Arkansas's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 33.7729, -93.6833 in the US Census Bureau Gazetteer.
- Nearest larger cities: Hope, AR (9 mi); Blevins, AR (9 mi); Perrytown, AR (10 mi); Tollette, AR (13 mi); Emmet, AR (13 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Oakhaven, AR (5 mi); Ozan, AR (6 mi); McCaskill, AR (10 mi), each a US Census place.
What a personal loan costs in Washington
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Arkansas lending rules that apply in Washington
The Arkansas rate caps and licensing rules that reach Washington are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Washington
The steps below are worth completing first when you borrow in Washington:
- 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.