Osceola at a glance
- Population: roughly 6,610 people; 57th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 6,974 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a decline of roughly 5.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Arkansas places: the 57th-largest of 500 (US Census Bureau, 2023 estimate).
- Size percentile: about 89% of Arkansas's Census places are smaller (US Census Bureau).
- Coordinates: 35.6902 / -89.9883, per the US Census Bureau Gazetteer.
- Nearest larger cities: Blytheville, AR (17 mi); Munford, TN (20 mi); Covington, TN (21 mi); Atoka, TN (22 mi); Millington, TN (25 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Luxora, AR (6 mi); Victoria, AR (6 mi); Keiser, AR (6 mi) (Census populations).
What a personal loan costs in Osceola
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
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.
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 Osceola
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Osceola
Run through this list before signing anything in Osceola:
- 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.