Personal loans in Franklinton, LA

Consumer lending that reaches Franklinton's 3,581 residents is governed by Louisiana statute; no city ordinance changes it. The roughly 3,581 people who live in Franklinton borrow under Louisiana rules; city hall sets no personal-loan rate. Franklinton is one of 302 Census places in Louisiana; its 3,581 residents put it at 78th. Population in Franklinton dropped about 1.8% over the three years from 2020 to 2023. Use the calculator on this page to price an amount and term before you commit in Franklinton. The next larger city is Bogalusa, LA about 18 miles away.

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

Compare loan offers Run the numbers first

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.

Franklinton by the numbers

What follows is Franklinton's place in the Census record, alongside the Louisiana rules that govern a personal loan made here.

Population: 3,581 people, a figure that places Franklinton 78th among the 302 Census places in Louisiana (US Census Bureau, Vintage 2023).
Population trend: The 2020-to-2023 change is negative, near 1.8%.
Net change: roughly 65 fewer people than the 2020 Census counted.
Size percentile: about 74% of Louisiana's Census places are smaller than Franklinton.
Land and density: 4.4 square miles of land carry roughly 819 residents per square mile.
Land area: Franklinton covers 4.4 square miles, the 87th-largest area among Louisiana's 302 places.
Water area rank: Franklinton ranks 76th among Louisiana's 302 places, with 0.04 sq mi.
State population share: Franklinton accounts for about 0.2% of everyone in Louisiana.
Nationally: Franklinton is the 5,767th-largest of 19,457 Census places in the dataset.
Growth rank: Franklinton ranks 100th among Louisiana's 302 places for the 2020-to-2023 change.
Against the state trend: Franklinton's 1.8% change compares with a Louisiana average of -2.1% across its 302 places.
Density rank: Franklinton places 109th among Louisiana's places by people per square mile.
Density vs Louisiana: Franklinton's 819 people per square mile compare with a state median of 534.
Location: 30.8482, -90.1459 (US Census Bureau Gazetteer).
Nearest larger cities: Bogalusa (18 mi); Amite City (23 mi); Covington (26 mi); Hammond (30 mi); Mandeville (33 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
Smaller towns nearby: Folsom (15 mi); Tylertown (19 mi); Varnado (19 mi).
Smaller neighbours: 27 places smaller than Franklinton sit within 50 miles.
At 100 miles: 56 larger Census places fall inside that radius.

Franklinton in state context

Franklinton is the 78th-largest of 302 Census places in Louisiana and contains about 0.2% of the state's people. Its 2020-to-2023 change ranks 100th of 302 Louisiana places, putting it near the 67th percentile for growth. At about 819 people per square mile, Franklinton is the 109th most densely settled place in Louisiana. Within 50 miles sit 27 smaller Census places, alongside the 11 that are larger.

How Louisiana law applies in Franklinton

This table holds the Louisiana rate and licensing rules for consumer loans made to Franklinton's 3,581 residents.

Rule	Detail	Source
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
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
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

Getting a loan in Franklinton

Franklinton is moderately settled, with about 819 people per square mile and 11 larger places within 50 miles. What is available to Franklinton's 3,581 borrowers is set by Louisiana licensing and your own credit, not by how many branches are nearby. The nearest larger city, Bogalusa, LA about 18 miles away.

What to do before borrowing in Franklinton

A sensible order of operations for a loan in Franklinton, home to about 3,581 people:

Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
Test your amount and term in the personal loan calculator first.
Line up several pre-qualified offers and let the APR decide.
Check the Louisiana regulator's records to confirm the lender is licensed here.
Read the disclosure for an origination fee and any prepayment penalty before signing.
Make sure the new payment leaves room in a budget you already keep.
Choose a term you can live with; stretching it lowers the payment but raises total interest.

In Franklinton as elsewhere in Louisiana, the written terms — not the advertisement — are what count for its 3,581 residents.

How a Franklinton personal loan is priced

In Franklinton, a small community of about 3,581, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Two numbers drive a Franklinton loan: the APR, which includes fees, and the term, which decides how long you keep paying. Shortening the term on a Franklinton loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Franklinton 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 Franklinton is the same as anywhere in Louisiana.

What loan size can I expect in Franklinton?

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 Franklinton?

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 Franklinton 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.

Nearby places

Folsom, LA — population 813
Tylertown, MS — population 1,471
Bogalusa, LA — population 10,343
Sun, LA — population 402
Varnado, LA — population 321
Angie, LA — population 251
Osyka, MS — population 367
Tangipahoa, LA — population 447