Personal loans in Amagon, AR

With an estimated 65 residents, Amagon is the 480th-largest of 500 places in Arkansas. Amagon is a small community of about 65 residents, and a personal loan taken out here is governed by Arkansas statute. Read the disclosure for an origination fee and any prepayment penalty before signing in Amagon. When Arkansas caps or restricts a product, lenders either change the terms or withdraw it from Amagon as from the rest of the state. From the 2020 Census base to the 2023 estimate, the population declined by about 1.5%. Borrowers who want a bigger city can look to Grubbs, AR about 7 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Amagon: the sourced local profile

Amagon is a small community; the notes below cover its population profile and the statewide rules that apply.

What Arkansas law requires in Amagon

This table holds the Arkansas rate and licensing rules for consumer loans made to Amagon's 65 residents.

RuleDetailSource
State lending regulatorArkansas 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
Small-loan / installment lender licensingSee 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
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

Before you apply in Amagon

Before you apply in Amagon, a community of about 65, work through these steps:

  1. Start with the credit file: order the reports, fix the errors, then apply.
  2. Run the numbers on the personal loan calculator so you know the payment before you apply.
  3. Get several pre-qualifications and compare APR side by side before choosing.
  4. Check the Arkansas regulator's records to confirm the lender is licensed here.
  5. Pick the shortest term whose payment you can comfortably afford.
  6. Borrow only what the purpose requires, not the maximum you are offered.
  7. Write down the purpose of the loan and your repayment plan before you apply.

The process is identical across Arkansas; what changes is your credit file, not the fact that Amagon holds 65 people.

Where Amagon sits

Amagon covers about 0.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 586 people per square mile. The state's population centre of gravity, Little Rock, is roughly 91 miles away. Within 50 miles of Amagon there are 94 larger Census places. By land area it ranks 496th of 500 Arkansas places.

What is available to Amagon borrowers

At roughly 586 people per square mile, Amagon is moderately settled; 94 larger places lie within 50 miles. Distance to a branch rarely matters for Amagon's 65 residents: the application is online and the price follows your credit file. The nearest bigger place is Grubbs, AR about 7 miles away.

Where Amagon sits in Arkansas

Amagon is the 480th-largest of 500 Census places in Arkansas and contains about 0.0% of the state's people. On the 2020-to-2023 trend, Amagon stands 312th among Arkansas's 500 places — roughly the 38th percentile. Its roughly 586 residents per square mile place it 162nd among Arkansas's places. Between 2020 and 2023 the count changed by roughly 1 residents.

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Amagon if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Amagon is the same as anywhere in Arkansas.
What loan size can I expect in Amagon?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Amagon?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Amagon cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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