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Personal loans in Sherrill, AR

With roughly 52 residents, Sherrill is a small community, and the lending rules its borrowers live under are written in Arkansas, not by the city. The Census estimates 52 residents in Sherrill, which ranks it 489th of 500 places in Arkansas. The 2020 count to the 2023 estimate shows about 7.1% decline in Sherrill. Work out your debt-to-income ratio first; lenders weigh it heavily, and Sherrill's 52 residents are no exception. Borrowers who want a bigger city can look to Altheimer, AR about 7 miles away. A single loan can carry different costs on either side of a state line, and Sherrill sits on the Arkansas side of that line.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

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 Sherrill data picture

Most of what governs a Sherrill loan is written in Arkansas law rather than in the city; the sourced notes below make that split concrete.

Getting a loan in Sherrill

Sherrill is a lightly settled community of about 52 people, with 62 larger places inside a 50-mile radius. Whether Sherrill has a local branch or not, a Arkansas-licensed lender can serve its 52 people online on the same terms. The nearest bigger place is Altheimer, AR about 7 miles away.

Sherrill: area, density and distance

Sherrill covers about 0.1 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. That land carries about 394 people per square mile. Little Rock, the largest place in Arkansas, is about 33 miles from Sherrill. Within 50 miles of Sherrill there are 62 larger Census places. Within the same 50 miles lie 0 smaller Census places.

How Sherrill compares across Arkansas

Set beside Arkansas's 500 places, Sherrill ranks 489th by population and holds about 0.0% of the state total. On the 2020-to-2023 trend, Sherrill stands 487th among Arkansas's 500 places — roughly the 3th percentile. At about 394 people per square mile, Sherrill is the 244th most densely settled place in Arkansas. In land area, Sherrill ranks 494th among Arkansas's 500 places.

Inside a Sherrill personal loan

Most loans made to Sherrill's 52 residents are unsecured, so nothing is pledged and the lender relies on your credit history. The rate you see advertised is a range, not a promise, until a lender reviews your file in Sherrill. The term you choose in Sherrill decides the split between a comfortable payment and the total interest you pay.

The state rulebook for Sherrill

The rows below set out what a licensed lender must follow in Arkansas, and so for Sherrill's roughly 52 residents.

RuleDetailSource
State lending regulatorArkansas State Bank Department
Source says: "The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas".		Arkansas State Bank Department
as of 2026-09-16
Maximum legal interest rate (usury cap)17% per annum for loans not made by or to governmental units or by federally insured depository institutions (Amendment 89, effective January 1, 2011)
Source says: "shall not exceed seventeen percent (17%) per annum".		Arkansas Legislature — Arkansas Constitution, Amendment 89, § 3 (proposed by H.J.R. 1004 of 2009)
as of 2026-09-16
Payday lending statusNot permitted — all storefront payday lending eliminated; the Attorney General has worked to eliminate all forms of payday lending since 2008
Source says: "the Attorney General's office has worked to eliminate all forms of payday lending in Arkansas"; "all storefront payday loan operations in Arkansas have been shut down".		Arkansas Attorney General — Consumer Protection Division
as of 2026-09-16
Compare personal loan offers Run the numbers first

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 Sherrill 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 Sherrill is the same as anywhere in Arkansas.
What loan size can I expect in Sherrill?
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 Sherrill?
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 Sherrill 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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