Personal loans in Madison, AR

The Census estimates 717 residents in Madison, which ranks it 219th of 500 places in Arkansas. Madison is a small community of about 717 residents, and a personal loan taken out here is governed by Arkansas statute.

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.

Madison shed about 5.2% of its population between the 2020 base and the 2023 estimate. Judge Madison offers on total cost, not on how quickly the money arrives. Every figure below is Arkansas's own, applied to Madison's 717 residents, with the publisher and retrieval date attached. The nearest larger city is Forrest City, AR about 4 miles away.

Local context for Madison

Read the local figures below as context; read the sourced Arkansas table as the rulebook a lender here must follow.

Arkansas rules behind a Madison personal loan

These are Arkansas's sourced lending facts as they reach Madison's 717 residents; the state has no city-level rate rule.

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
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 statusNot 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

How personal loans work in Madison

Madison is a small community of about 717 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Madison can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Madison loan but raises total interest, so the smallest payment is not the cheapest loan.

Madison: area, density and distance

Madison's land area is about 2.5 square miles; a further 0.07 square miles is water. The resulting density is about 289 people per square mile. For the state's biggest city, Little Rock, the distance is roughly 94 miles. Madison has 28 larger places within a 50-mile radius. Within the same 50 miles lie 53 smaller Census places.

Madison's place among Arkansas's 500 places

Set beside Arkansas's 500 places, Madison ranks 219th by population and holds about 0.0% of the state total. Its 2020-to-2023 change ranks 454th of 500 Arkansas places, putting it near the 9th percentile for growth. By density, at about 289 people per square mile, it ranks 312th in Arkansas. The population moved by about 39 people between 2020 and 2023, a 5.2% shift.

Borrowing reach in Madison

At roughly 289 people per square mile, Madison is lightly settled; 28 larger places lie within 50 miles. What is available to Madison's 717 borrowers is set by Arkansas licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Forrest City, AR about 4 miles away.

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 Madison 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 Madison is the same as anywhere in Arkansas.
What loan size can I expect in Madison?
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 Madison?
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 Madison 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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