Personal loans in Magnolia, AR

Where Magnolia stands

Here is the sourced Census picture for Magnolia, plus the Arkansas lending rules that apply to a loan taken out here.

• Population: the Census counts 10,769 residents in Magnolia (Vintage 2023 subcounty estimate), the 36th-largest figure among Arkansas's 500 places.
• Population trend: A drop of about 3.5% from 2020 to 2023.
• People gained or lost: about 394 fewer since the 2020 base.
• Size percentile: with 10,769 residents, Magnolia is larger than about 93% of Arkansas's Census places.
• Land and density: 13.2 square miles of land carry roughly 814 residents per square mile.
• Land area rank: Magnolia's 13.2 square miles rank 41st of 500 places in Arkansas.
• Water area rank: Magnolia ranks 107th among Arkansas's 500 places, with 0.04 sq mi.
• State population share: Magnolia accounts for about 0.5% of everyone in Arkansas.
• National rank: Magnolia sits 2,995th by population among the 19,457 places in this dataset.
• Growth in Arkansas: Magnolia stands 398th by percentage change from 2020 to 2023, among 500 places.
• Against the state trend: Magnolia's 3.5% change compares with a Arkansas average of +0.3% across its 500 places.
• Density rank: Magnolia places 89th among Arkansas's places by people per square mile.
• Density in context: Magnolia's 814 people per square mile sit against a Arkansas median of 386.
• Location: coordinates 33.2767, -93.2262 (US Census Bureau Gazetteer).
• Nearest larger cities: El Dorado (33 mi); Texarkana (45 mi); Minden (46 mi); Texarkana (51 mi); Bossier City (58 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
• Smaller communities close by: McNeil (5 mi); Waldo (7 mi); Emerson (13 mi), each with its own Census population profile.
• Smaller neighbours: 60 places smaller than Magnolia sit within 50 miles.
• Larger places within 100 miles: 14.

Magnolia against the rest of Arkansas

Within Arkansas, Magnolia holds roughly 0.5% of all residents, the 36th-largest share among 500 places. Its 2020-to-2023 change ranks 398th of 500 Arkansas places, putting it near the 20th percentile for growth. By density, at about 814 people per square mile, it ranks 89th in Arkansas. By land area, its 13.2 square miles rank 41st of 500 places in Arkansas.

What Arkansas law requires in Magnolia

The rows below set out what a licensed lender must follow in Arkansas, and so for Magnolia's roughly 10,769 residents.

Steps to take before a Magnolia loan

Complete these steps first when you borrow in Magnolia (10,769 residents):

1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
2. Model the payment on the calculator before a lender models it for you.
3. Collect three or more offers and compare them on APR, not on the advertised rate.
4. Make sure the lender appears in the Arkansas regulator's licence list.
5. Weigh a shorter term's higher payment against the interest it saves.
6. Keep the amount to the expense; an approval is not a reason to take more.
7. Decide the purpose and how you will repay it before approaching any lender.

What differs between Magnolia and the rest of Arkansas is not the process but the borrower's own file, among the 10,769 people here.

Magnolia on the map

Magnolia covers about 13.2 square miles of land, with 0.04 square miles of water inside its boundaries (Census Gazetteer). The resulting density is about 814 people per square mile. The state's population centre of gravity, Little Rock, is roughly 112 miles away. A 50-mile radius around Magnolia takes in 3 places that are larger. Within the same 50 miles lie 60 smaller Census places.

How personal loans work in Magnolia

Most loans made to Magnolia's 10,769 residents are unsecured, so nothing is pledged and the lender relies on your credit history. Two numbers drive a Magnolia loan: the APR, which includes fees, and the term, which decides how long you keep paying. A longer term lowers the monthly payment on a Magnolia loan but raises total interest, so the smallest payment is not the cheapest loan.