Abita Springs at a glance
- Population: 2,731 residents, the 96th-largest of 302 places in Louisiana (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,624 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: up roughly 4.1% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Louisiana places: 96th of 302 by population (US Census Bureau, Vintage 2023).
- Size percentile: ahead of around 68% of Louisiana places in population terms (US Census Bureau).
- Coordinates: it sits at 30.4735, -90.0203 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Covington, LA (5 mi); Mandeville, LA (8 mi); Slidell, LA (19 mi); Picayune, MS (21 mi); Bogalusa, LA (23 mi) (US Census Bureau populations).
- Smaller towns nearby: Madisonville, LA (10 mi); Sun, LA (14 mi); Folsom, LA (15 mi) (US Census Bureau).
What a personal loan costs in Abita Springs
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Louisiana lending rules that apply in Abita Springs
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| Small-loan / installment lender licensing | Consumer loan license required from OFI before making consumer loans Source says: "Persons who wish to engage in the business of making consumer loans must hold a consumer loan license issued by this Office" | Louisiana Office of Financial Institutions as of 2026-09-16 |
| 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 |
| Payday lending status | Legal and licensed — deferred presentment and small loans ($350 or less, 60 days or less) under OFI-issued licenses Source says: "Persons who make loans of $350 or less for a term of 60 days or less." | Louisiana Office of Financial Institutions as of 2026-09-16 |
How to compare offers in Abita Springs
Here is a short checklist for comparing personal loans in Abita Springs:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.