Arcadia at a glance
- Population: 2,580 (US Census Bureau, Vintage 2023 subcounty estimate), the 100th-largest of 302 places in Louisiana.
- 2020 Census base: the 2020 count put the population at 2,746 (US Census Bureau).
- 2020 to 2023 change: down roughly 6.0% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Louisiana places: 100th largest of 302 (US Census Bureau).
- Size percentile: ahead of around 67% of Louisiana places in population terms (US Census Bureau).
- Coordinates: 32.5508, -92.9214 (US Census Bureau Gazetteer).
- Nearest larger cities: Grambling, LA (13 mi); Ruston, LA (17 mi); Homer, LA (19 mi); Minden, LA (21 mi); Jonesboro, LA (25 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Gibsland, LA (8 mi); Simsboro, LA (8 mi); Mount Lebanon, LA (8 mi) (US Census Bureau).
What a personal loan costs in Arcadia
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Louisiana lending rules that apply in Arcadia
Each row below is a Louisiana rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Arcadia
A few practical steps will make the process in Arcadia less costly:
- 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.