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Personal loans in Park Hills, MO

For residents of Park Hills, a personal loan is a lump sum with a fixed repayment schedule, and its cost reflects your credit, income and debt-to-income picture. Park Hills's Census population of roughly 8,759 makes it the 92nd-largest of 937 places in Missouri. Rate caps and licensing for consumer lenders in Missouri come from state law, and the sourced rows below set them out.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Park Hills at a glance

  • Population: the Census estimates 8,759 residents, ranking 92nd of 937 places in Missouri (Vintage 2023).
  • 2020 Census base: 8,595 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
  • 2020 to 2023 change: an increase of about 1.9% since the 2020 count (US Census Bureau).
  • Rank among Missouri places: 92nd by size among 937 communities (US Census Bureau).
  • Size percentile: ahead of around 90% of Missouri places in population terms (US Census Bureau).
  • Coordinates: latitude 37.8170, longitude -90.4999 (US Census Bureau Gazetteer).
  • Nearest larger cities: Farmington, MO (5 mi); Festus, MO (28 mi); Waterloo, IL (41 mi); Arnold, MO (43 mi); Columbia, IL (47 mi) (Census populations, approximate straight-line distance).
  • Nearest smaller communities: Leadington, MO (2 mi); Desloge, MO (4 mi); Leadwood, MO (6 mi), each a US Census place.

What a personal loan costs in Park Hills

Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.

The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.

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.

A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.

Missouri lending rules that apply in Park Hills

Read the table as the compliance picture for a lender serving Park Hills: label, sourced figure, publisher and date.

RuleDetailSource
Payday lending statusLegal and licensed — unsecured loans of $500 or less require a license from the Director of the Division of Finance (RSMo § 408.500)
Source says: "in the business of making unsecured loans of five hundred dollars or less shall obtain a license from the director of the division of finance"
Missouri Revisor of Statutes
as of 2026-09-16
Small-loan / installment lender licensingConsumer credit lenders licensed and regulated by the Division of Finance's consumer credit section (Chapters 367 and 408, RSMo)
Source says: "The consumer credit section of the Missouri Division of Finance is responsible for licensing and regulating various types of consumer finance companies"
Missouri Division of Finance
as of 2026-09-16
State lending regulatorMissouri Division of Finance (Department of Commerce and Insurance)
Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions"
Missouri Division of Finance
as of 2026-09-16
Additional loan fee cap (30+ day loans)Up to 10% of principal, capped at $100 (RSMo § 408.140)
Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender"
Missouri Revisor of Statutes
as of 2026-09-16
Maximum legal interest rate (usury cap)10% per annum, or the higher published 'market rate' (RSMo § 408.030)
Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract"
Missouri Revisor of Statutes
as of 2026-09-16

How to compare offers in Park Hills

The order below is a sensible way to approach a loan in Park Hills:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Missouri using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Park Hills?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Park Hills are the same as elsewhere in Missouri.
How much can I borrow with a personal loan in Park Hills?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Park Hills require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Park Hills hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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