Personal loans in Reed, AR

Population in Reed dropped about 7.8% over the three years from 2020 to 2023. Begin with the payment, then weigh APR and total interest across the lenders that reach Reed's 118 residents. When Arkansas caps or restricts a product, lenders either change the terms or withdraw it from Reed as from the rest of the state. The closest larger place is Tillar, AR about 1 miles away.

Reed: population, trend and location

Two layers matter for a Reed borrower: the local population picture and Arkansas's consumer-lending statutes.

• Population: a Census-estimated 118, 431st among Arkansas's 500 places (Vintage 2023).
• Population trend: Down about 7.8% from the 2020 Census base to the 2023 estimate.
• Net change: roughly 10 fewer people than the 2020 Census counted.
• Size percentile: with 118 residents, Reed is larger than about 14% of Arkansas's Census places.
• Population density: 581 people per square mile on 0.2 square miles of land.
• Land area rank: Reed's 0.2 square miles rank 483rd of 500 places in Arkansas.
• Share of Arkansas: Reed holds about 0.0% of the state's population, some 118 people.
• National rank: Reed sits 17,816th by population among the 19,457 places in this dataset.
• Growth rank: Reed's 2020-to-2023 change ranks 491st of 500 places in Arkansas.
• Versus Arkansas: the state average change is +0.3%, while Reed moved 7.8%.
• Density rank: Reed is the 164th most densely settled place in Arkansas.
• Density in context: Reed's 581 people per square mile sit against a Arkansas median of 386.
• Location: the Census Gazetteer records it at 33.7017, -91.4458.
• Nearest larger cities: Tillar (1 mi); Winchester (5 mi); McGehee (6 mi); Dermott (12 mi); Dumas (13 mi). For most borrowers the comparison happens online, not at a branch.
• Smaller towns nearby: Fountain Hill (33 mi); Banks (48 mi); Alligator (49 mi).
• Smaller neighbours: 3 places smaller than Reed sit within 50 miles.
• At 100 miles: 211 larger Census places fall inside that radius.

Reed in state context

Against Arkansas's other places, Reed accounts for about 0.0% of the state's population and ranks 431st of 500 by size. For population change between 2020 and 2023, Reed ranks 491st of 500 in Arkansas (about the 2th percentile). At about 581 people per square mile, Reed is the 164th most densely settled place in Arkansas. In land area, Reed ranks 483rd among Arkansas's 500 places.

What Arkansas law requires in Reed

This table holds the Arkansas rate and licensing rules for consumer loans made to Reed's 118 residents.

What a Reed borrower is actually offered

Reed is a small community of about 118 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. A lender serving Reed's 118 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Reed loan is knowable in advance — unlike a revolving card balance.

The geography behind Reed

The Census Gazetteer records about 0.2 square miles of land within Reed, with no significant water area listed. The resulting density is about 581 people per square mile. The state's population centre of gravity, Little Rock, is roughly 88 miles away. A 50-mile radius around Reed takes in 52 places that are larger. The 100-mile radius contains 211 larger places.

Before you apply in Reed

Before you apply in Reed, a community of about 118, work through these steps:

1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
2. Use the loan calculator to test the payment on your intended amount and term.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Check the Arkansas regulator's records to confirm the lender is licensed here.
5. Decide the purpose and how you will repay it before approaching any lender.
6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
7. Look for an origination fee or prepayment penalty in the written disclosure.

None of these steps is Reed-specific: the same Arkansas licensing and disclosure rules reach all 118 residents.