Willard at a glance
- Population: 6,521 (US Census Bureau, Vintage 2023 subcounty estimate), the 110th-largest of 937 places in Missouri.
- 2020 Census base: 6,346 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 2.8% higher than at the 2020 Census (US Census Bureau).
- Rank among Missouri places: the 110th-largest of 937 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 88% of Missouri's places have fewer residents (US Census Bureau).
- Coordinates: 37.2930, -93.4171 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Republic, MO (9 mi); Springfield, MO (10 mi); Nixa, MO (18 mi); Ozark, MO (21 mi); Bolivar, MO (22 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Ash Grove, MO (9 mi); Walnut Grove, MO (11 mi); Battlefield, MO (12 mi), per US Census Bureau estimates.
What a personal loan costs in Willard
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Willard
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Willard
A few practical steps will make the process in Willard 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.