Personal loans in Quitman, LA

The Census counts 156 people in Quitman, the 283rd-largest figure among Louisiana's 302 places. The roughly 156 people who live in Quitman borrow under Louisiana rules; city hall sets no personal-loan rate. Rate-shopping from Quitman costs nothing at pre-qualification, where a soft pull leaves your credit file alone. To lend to Quitman's 156 residents, a company must hold a Louisiana licence, and each sourced row below names the regulator behind it. The trend for Quitman between 2020 and 2023 is downward by roughly 1.9%. Borrowers who want a bigger city can look to North Hodge, LA about 5 miles away.

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.

The Quitman data picture

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

What a Quitman borrower is actually offered

Quitman is a small community of about 156 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. The APR tracks your credit score rather than Quitman's rank of 283rd in Louisiana: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Shortening the term on a Quitman loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Getting a loan in Quitman

With about 167 residents per square mile, Quitman is lightly settled, and 58 larger Census places sit within 50 miles. What is available to Quitman's 156 borrowers is set by Louisiana licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is North Hodge, LA about 5 miles away.

The Louisiana lending rules that reach Quitman

Below are the Louisiana rules that apply to a loan made in Quitman, each with the regulator that issued it.

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

Quitman's place among Louisiana's 302 places

Against Louisiana's other places, Quitman accounts for about 0.0% of the state's population and ranks 283rd of 302 by size. Its 2020-to-2023 change ranks 105th of 302 Louisiana places, putting it near the 65th percentile for growth. Its roughly 167 residents per square mile place it 247th among Louisiana's places. Between 2020 and 2023 the count changed by roughly 3 residents.

The geography behind Quitman

The Census Gazetteer records about 0.9 square miles of land within Quitman, with no significant water area listed. That land carries about 167 people per square mile. New Orleans, the largest place in Louisiana, is about 229 miles from Quitman. A 50-mile radius around Quitman takes in 58 places that are larger. Within the same 50 miles lie 10 smaller Census places.

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