Chula at a glance
- Population: about 202, 661st by size in Missouri of 937 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 198 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: about 2.0% growth over the 2020 Census base (US Census Bureau).
- Rank among Missouri places: 661st in population of 937 places (US Census Bureau).
- Size percentile: ahead of around 29% of Missouri places in population terms (US Census Bureau).
- Coordinates: latitude 39.9219, longitude -93.4776 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Chillicothe, MO (10 mi); Wheeling, MO (11 mi); Trenton, MO (13 mi); Meadville, MO (13 mi); Utica, MO (15 mi) (US Census Bureau populations).
- Smaller places nearby: Laredo, MO (7 mi); Galt, MO (15 mi); Humphreys, MO (16 mi), per US Census Bureau estimates.
What a personal loan costs in Chula
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Missouri lending rules that apply in Chula
The table lists the Missouri rules that apply to a loan made in Chula, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Chula
These steps are the ones that most affect the offer you receive in Chula:
- 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.