Bradford at a glance
- Population: a Census-estimated 679, placing it 223rd among Arkansas's 500 places (Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 680 residents here (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 0.1% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: 223rd by size among 500 communities (US Census Bureau).
- Size percentile: about 55% of Arkansas's Census places are smaller (US Census Bureau).
- Coordinates: 35.4220, -91.4552 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Bald Knob, AR (10 mi); Augusta, AR (11 mi); Judsonia, AR (15 mi); Kensett, AR (18 mi); McCrory, AR (18 mi) (US Census Bureau).
- Nearest smaller places: Russell, AR (5 mi); Weldon, AR (13 mi); Tupelo, AR (13 mi) (US Census Bureau estimates).
What a personal loan costs in Bradford
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Arkansas lending rules that apply in Bradford
The Arkansas rate caps and licensing rules that reach Bradford are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Arkansas 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 status | Not 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 |
| Small-loan / installment lender licensing | See the latest published figure value_text left null: the State Bank Department does not publish a consumer small-loan license rate schedule that could be verified; storefront payday lending has been eliminated (see Payday lending status). See the linked regulator page for the licensee categories it supervises. | Arkansas State Bank Department as of 2026-09-16 |
How to compare offers in Bradford
A few practical steps will make the process in Bradford 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 Arkansas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.