Claycomo at a glance
- Population: a Census-estimated 1,353, placing it 294th among Missouri's 937 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 1,338 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population rose about 1.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Missouri places: 294th by size among 937 communities (US Census Bureau).
- Size percentile: it exceeds roughly 69% of Missouri's Census places by population (US Census Bureau).
- Coordinates: 39.1986, -94.4788 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Pleasant Valley, MO (1 mi); Liberty, MO (4 mi); Gladstone, MO (4 mi); Sugar Creek, MO (6 mi); North Kansas City, MO (6 mi); each population is a US Census Bureau estimate.
- Nearest smaller towns: Glenaire, MO (2 mi); Birmingham, MO (3 mi); Randolph, MO (3 mi) — US Census Bureau populations.
What a personal loan costs in Claycomo
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
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.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Missouri lending rules that apply in Claycomo
The table lists the Missouri rules that apply to a loan made in Claycomo, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Claycomo
Before you share your details with a lender in Claycomo:
- 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.