Gravette at a glance
- Population: the Census estimates 3,750 residents, ranking 84th of 500 places in Arkansas (Vintage 2023).
- 2020 Census base: 3,545 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: up roughly 5.8% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Arkansas places: 84th by size among 500 communities (US Census Bureau).
- Size percentile: about 83% of Arkansas's Census places are smaller (US Census Bureau).
- Coordinates: 36.4283 latitude, -94.3685 longitude (US Census Bureau Gazetteer).
- Nearest larger cities within 120 miles: Bella Vista, AR (6 mi); Centerton, AR (6 mi); Bentonville, AR (9 mi); Gentry, AR (14 mi); Pea Ridge, AR (14 mi) (US Census Bureau).
- Nearest smaller towns: Sulphur Springs, AR (6 mi); Decatur, AR (7 mi); Jane, MO (8 mi) (US Census Bureau).
What a personal loan costs in Gravette
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Arkansas lending rules that apply in Gravette
The table lists the Arkansas rules that apply to a loan made in Gravette, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Gravette
Before you share your details with a lender in Gravette:
- 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.