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.

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.

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.

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.

RuleDetailSource
State lending regulatorLouisiana 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 caps36% 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.

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 Martin 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 Martin is the same as anywhere in Louisiana.
What loan size can I expect in Martin?
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 Martin?
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 Martin 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

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