Rosepine at a glance
- Population: the Census estimates 1,459 residents, ranking 130th of 302 places in Louisiana (Vintage 2023).
- 2020 Census base: 1,518 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a loss of about 3.9% since the 2020 count (US Census Bureau).
- Rank among Louisiana places: 130th out of 302 Census places (US Census Bureau).
- Size percentile: it is larger than about 57% of the places in Louisiana (US Census Bureau).
- Coordinates: 30.9245 latitude, -93.2885 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: DeRidder, LA (6 mi); New Llano, LA (13 mi); Leesville, LA (15 mi); Newton, TX (28 mi); DeQuincy, LA (34 mi) (Census populations, approximate straight-line distance).
- Nearest smaller places: Merryville, LA (18 mi); Anacoco, LA (23 mi); Hornbeck, LA (28 mi) (US Census Bureau estimates).
What a personal loan costs in Rosepine
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
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.
Louisiana lending rules that apply in Rosepine
The sourced rows below are the rules a licensed lender must follow when lending in Louisiana, and therefore in Rosepine.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Rosepine
A few practical steps will make the process in Rosepine less costly:
- 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.