Breckenridge Hills at a glance
- Population: 4,348, the 155th-largest community in Missouri out of 937 (US Census Bureau, Vintage 2023).
- 2020 Census base: 4,463 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a decline of roughly 2.6% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Missouri places: 155th of 937 by population (US Census Bureau, Vintage 2023).
- Size percentile: it exceeds roughly 83% of Missouri's Census places by population (US Census Bureau).
- Coordinates: 38.7158, -90.3684 (US Census Bureau Gazetteer).
- Nearest larger cities: St. John, MO (1 mi); St. Ann, MO (1 mi); Overland, MO (1 mi); Berkeley, MO (3 mi); Olivette, MO (3 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Woodson Terrace, MO (1 mi); Edmundson, MO (1 mi); Sycamore Hills, MO (1 mi) (US Census Bureau).
What a personal loan costs in Breckenridge Hills
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Missouri lending rules that apply in Breckenridge Hills
The table carries the Missouri rate and licensing rules that apply to consumer loans made in Breckenridge Hills.
| Rule | Detail | Source |
|---|---|---|
| Additional loan fee cap (30+ day loans) | Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender" | Missouri Revisor of Statutes as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract" | Missouri Revisor of Statutes as of 2026-09-16 |
| Payday lending status | Legal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500) Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance" | Missouri Revisor of Statutes as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo) Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies" | Missouri Division of Finance as of 2026-09-16 |
| State lending regulator | Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions" | Missouri Division of Finance as of 2026-09-16 |
How to compare offers in Breckenridge Hills
Before you share your details with a lender in Breckenridge Hills:
- 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 Missouri using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.