North Hodge at a glance
- Population: 289 residents, the 241st-largest of 302 places in Louisiana (US Census Bureau, Vintage 2023).
- 2020 Census base: 296 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population fell about 2.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Louisiana places: 241st in population of 302 places (US Census Bureau).
- Size percentile: roughly 20% of places in Louisiana rank below it by population (US Census Bureau).
- Coordinates: it sits at 32.2825, -92.7184 in the US Census Bureau Gazetteer.
- Nearest larger cities: Hodge, LA (1 mi); Jonesboro, LA (3 mi); Chatham, LA (16 mi); Grambling, LA (17 mi); Simsboro, LA (18 mi), each a US Census place with its estimated population.
- Smaller places nearby: East Hodge, LA (0 mi); Quitman, LA (5 mi); Dodson, LA (14 mi), per US Census Bureau estimates.
What a personal loan costs in North Hodge
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Louisiana lending rules that apply in North Hodge
The table carries the Louisiana rate and licensing rules that apply to consumer loans made in North Hodge.
| Rule | Detail | Source |
|---|---|---|
| Payday lending status | Legal and licensed — deferred presentment and small loans ($350 or less, 60 days or less) under OFI-issued licenses Source says: "Persons who make loans of $350 or less for a term of 60 days or less." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer loan license required from OFI before making consumer loans Source says: "Persons who wish to engage in the business of making consumer loans must hold a consumer loan license issued by this Office" | Louisiana Office of Financial Institutions as of 2026-09-16 |
| State lending regulator | Louisiana Office of Financial Institutions (OFI), Non-Depository Division Source says: "OFI is responsible for the supervision of various entities which provide financial services to the citizens of the State of Louisiana." | Louisiana Office of Financial Institutions as of 2026-09-16 |
| Licensed-lender consumer loan finance charge caps | 36% first $1,400; 27% to $4,000; 24% to $7,000; 21% above (R.S. 9:3519(A)) Source says: "Thirty-six percent per year for that portion of the unpaid principal amount of the loan not exceeding one thousand four hundred dollars" | Louisiana State Legislature as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum maximum conventional interest (La. R.S. 9:3500(C)(1)) Source says: "The amount of the conventional interest cannot exceed twelve percent per annum." | Louisiana State Legislature as of 2026-09-16 |
How to compare offers in North Hodge
Here is a short checklist for comparing personal loans in North Hodge:
- 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 Louisiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.