Enola at a glance
- Population: roughly 322 people; 316th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 320 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: roughly 0.6% higher than at the 2020 Census (US Census Bureau).
- Rank among Arkansas places: 316th by size among 500 communities (US Census Bureau).
- Size percentile: roughly 37% of places in Arkansas rank below it by population (US Census Bureau).
- Coordinates: mapped at 35.1959, -92.2066 by the US Census Bureau Gazetteer.
- Nearest larger cities: Holland, AR (4 mi); Vilonia, AR (8 mi); Greenbrier, AR (10 mi); Rose Bud, AR (11 mi); Guy, AR (12 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Mount Vernon, AR (5 mi); Twin Groves, AR (15 mi); Menifee, AR (20 mi), each a US Census place.
What a personal loan costs in Enola
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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 Enola
The sourced rows below are the rules a licensed lender must follow when lending in Arkansas, and therefore in Enola.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Enola
Run through this list before signing anything in Enola:
- 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.