Hamburg at a glance
- Population: 2,413 (US Census Bureau, Vintage 2023 subcounty estimate), the 120th-largest of 500 places in Arkansas.
- 2020 Census base: 2,530 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a loss of about 4.6% since the 2020 count (US Census Bureau).
- Rank among Arkansas places: 120th of the state's 500 Census places (US Census Bureau).
- Size percentile: roughly 76% of Arkansas's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 33.2248, -91.7972.
- Nearest larger cities: Crossett, AR (12 mi); Monticello, AR (28 mi); Dermott, AR (30 mi); Warren, AR (31 mi); Bastrop, LA (32 mi) — straight-line distances, US Census Bureau populations.
- Smaller towns nearby: Fountain Hill, AR (10 mi); Parkdale, AR (16 mi); Portland, AR (17 mi) (US Census Bureau).
What a personal loan costs in Hamburg
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Arkansas lending rules that apply in Hamburg
The table carries the Arkansas rate and licensing rules that apply to consumer loans made in Hamburg.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Hamburg
These steps are the ones that most affect the offer you receive in Hamburg:
- 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.