Willisville at a glance
- Population: 146 (US Census Bureau, Vintage 2023 subcounty estimate), the 413th-largest of 500 places in Arkansas.
- 2020 Census base: 148 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: down roughly 1.4% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 413th by size among 500 communities (US Census Bureau).
- Size percentile: roughly 17% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: latitude 33.5161, longitude -93.2937 (US Census Bureau Gazetteer).
- Nearest larger cities: Rosston, AR (5 mi); Waldo, AR (11 mi); McNeil, AR (13 mi); Buckner, AR (14 mi); Stephens, AR (14 mi); US Census Bureau population estimates.
- Nearest smaller communities: Bodcaw, AR (7 mi); Cale, AR (8 mi); Patmos, AR (16 mi) (Census populations).
What a personal loan costs in Willisville
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed 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.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Arkansas lending rules that apply in Willisville
The table carries the Arkansas rate and licensing rules that apply to consumer loans made in Willisville.
| 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 Willisville
The order below is a sensible way to approach a loan in Willisville:
- 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.