Personal loans in Martin, LA
If you are weighing a personal loan in Martin, start from the payment you can carry; its 508 residents face the same statewide rules. Martin is one of 302 Census places in Louisiana; its 508 residents put it at 209th.
Population in Martin dropped about 3.2% over the three years from 2020 to 2023. Work out your debt-to-income ratio first; lenders weigh it heavily, and Martin's 508 residents are no exception. The nearest larger city is Coushatta, LA about 9 miles away. Consumer lending that reaches Martin's 508 residents is governed by Louisiana statute; no city ordinance changes it.
What the Census records for Martin
Set out below is Martin's local context next to the state-level rules that reach every lender here.
- Population: about 508 people live here, which puts Martin 209th of 302 Census places in Louisiana (Vintage 2023).
- Population trend: Down about 3.2% from the 2020 Census base to the 2023 estimate.
- Net change: roughly 17 fewer people than the 2020 Census counted.
- Size percentile: about 31% of Louisiana communities are smaller than Martin (508 residents).
- Population density: about 44 people per square mile across 11.6 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area rank: Martin's 11.6 square miles rank 24th of 302 places in Louisiana.
- Water area rank: Martin ranks 82nd among Louisiana's 302 places, with 0.04 sq mi.
- Share of state population: Martin's 508 residents are about 0.0% of Louisiana.
- Nationally: Martin is the 13,102nd-largest of 19,457 Census places in the dataset.
- Growth rank: Martin ranks 162nd among Louisiana's 302 places for the 2020-to-2023 change.
- Against the state trend: Martin's 3.2% change compares with a Louisiana average of -2.1% across its 302 places.
- Density rank: Martin places 293rd among Louisiana's places by people per square mile.
- Against the state median: Martin runs about 44 residents per square mile, where the Louisiana median is 534.
- Location: coordinates 32.0999, -93.2191 (US Census Bureau Gazetteer).
- Nearest larger cities: Coushatta (9 mi); Campti (15 mi); Ringgold (16 mi); Natchitoches (26 mi); Pleasant Hill (26 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
- Nearest smaller places: Ashland (6 mi); Hall Summit (7 mi); Edgefield (8 mi).
- Within a 50-mile radius: 38 smaller Census places.
- At 100 miles: 121 larger Census places fall inside that radius.
The anatomy of a Martin personal loan
Martin is a small community of about 508 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The rate you see advertised is a range, not a promise, until a lender reviews your file in Martin. Shortening the term on a Martin loan raises the monthly payment but cuts the interest; lengthening it does the reverse.
How Louisiana law applies in Martin
This table holds the Louisiana rate and licensing rules for consumer loans made to Martin's 508 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 |
| 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 |
| Maximum legal interest rate (usury cap) | 12% per annum maximum conventional interest (La. R.S. 9:3500(C)(1)) Source says: "The amount of the conventional interest cannot exceed twelve percent per annum." | Louisiana State Legislature as of 2026-09-16 |
Lender access in Martin
Martin is sparsely settled, with about 44 people per square mile and 29 larger places within 50 miles. Distance to a branch rarely matters for Martin's 508 residents: the application is online and the price follows your credit file. The nearest larger city, Coushatta, LA about 9 miles away.
Where Martin sits
Martin covers about 11.6 square miles of land, with 0.04 square miles of water inside its boundaries (Census Gazetteer). That land carries about 44 people per square mile. For the state's biggest city, New Orleans, the distance is roughly 240 miles. Within 50 miles of Martin there are 29 larger Census places. The 100-mile radius contains 121 larger places.
Where Martin sits in Louisiana
Within Louisiana, Martin holds roughly 0.0% of all residents, the 209th-largest share among 302 places. On the 2020-to-2023 trend, Martin stands 162nd among Louisiana's 302 places — roughly the 46th percentile. Its roughly 44 residents per square mile place it 293rd among Louisiana's places. Between 2020 and 2023 the count changed by roughly 17 residents.
Common questions
What are my options in Martin if my credit is poor?
What loan size can I expect in Martin?
Do I have to pledge anything to borrow in Martin?
Does comparing loans in Martin cost me credit score points?
Nearby places
- Ashland, LA — population 190
- Hall Summit, LA — population 265
- Edgefield, LA — population 192
- Coushatta, LA — population 1,678
- Castor, LA — population 220
- Campti, LA — population 886
- Powhatan, LA — population 99
- Ringgold, LA — population 1,316