Personal loans in Banks, AR

For a borrower among the roughly 81 residents of Banks, a personal loan is a tool whose cost turns on the terms, not the address. About 81 people live in Banks, placing it 471st of 500 Census places in Arkansas. A 2020-to-2023 comparison shows Banks down by about 3.6%. Read the disclosure for an origination fee and any prepayment penalty before signing in Banks. For a bigger market, look to Harrell, AR about 9 miles away.

Banks by the numbers

What follows is Banks's place in the Census record, alongside the Arkansas rules that govern a personal loan made here.

• Population: an estimated 81 residents, 471st of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
• Population trend: Down about 3.6% from the 2020 Census base to the 2023 estimate.
• Change in people: the 2020-to-2023 comparison is a loss of about 3 residents.
• Size percentile: about 6% of Arkansas's Census places are smaller than Banks.
• Population density: about 215 people per square mile across 0.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area rank: Banks's 0.4 square miles rank 446th of 500 places in Arkansas.
• State share: roughly 0.0% of Arkansas's residents live in Banks (81 people).
• National standing: Banks ranks 18,463rd of 19,457 US places.
• Growth in Arkansas: Banks stands 401st by percentage change from 2020 to 2023, among 500 places.
• Versus Arkansas: the state average change is +0.3%, while Banks moved 3.6%.
• Density in Arkansas: Banks ranks 361st by people per square mile.
• Against the state median: Banks runs about 215 residents per square mile, where the Arkansas median is 386.
• Location: 33.5758, -92.2671 (US Census Bureau Gazetteer).
• Nearest larger cities: Harrell (9 mi); Hermitage (10 mi); Warren (12 mi); Hampton (12 mi); Thornton (19 mi). A branch is convenient; it is not what sets your APR.
• Smaller communities close by: Tinsman (6 mi); Whelen Springs (52 mi); Cale (56 mi), each with its own Census population profile.
• Smaller places within 50 miles: 1 of them.
• Within 100 miles: 228 places are larger than Banks.

Before you apply in Banks

Before you hand your details to a lender in Banks, where the population is near 81:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Model the payment on the calculator before a lender models it for you.
3. Gather at least three pre-qualified offers and line up the APR, not the headline rate.
4. Look the lender up in the Arkansas regulator's licence records before you sign.
5. Write down the purpose of the loan and your repayment plan before you apply.
6. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.
7. Look for an origination fee or prepayment penalty in the written disclosure.

In Banks as elsewhere in Arkansas, the written terms — not the advertisement — are what count for its 81 residents.

How Banks compares across Arkansas

Against Arkansas's other places, Banks accounts for about 0.0% of the state's population and ranks 471st of 500 by size. Its 2020-to-2023 change ranks 401st of 500 Arkansas places, putting it near the 20th percentile for growth. At about 215 people per square mile, Banks is the 361st most densely settled place in Arkansas. The population moved by about 3 people between 2020 and 2023, a 3.6% shift.

Banks: area, density and distance

Banks's land area is roughly 0.4 square miles, and the Gazetteer records no significant water area within it. With 81 residents, the land area yields roughly 215 people per square mile. For the state's biggest city, Little Rock, the distance is roughly 80 miles. Counting outward 50 miles, 46 larger communities surround Banks. By land area it ranks 446th of 500 Arkansas places.

Arkansas rules behind a Banks personal loan

For the roughly 81 residents of Banks, the rules below are Arkansas's own; each row carries its publisher and retrieval date.

What shapes a Banks personal loan

A Banks personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 81 residents. Federal Truth in Lending rules require a Banks lender to disclose the APR and finance charge before you sign. Because the payment is fixed, the total cost of a Banks loan is knowable in advance — unlike a revolving card balance.