Personal loans in Cankton, LA
Personal loans in Cankton are mostly unsecured, so the APR reflects how a lender reads your credit — not the city's 580 population. Cankton is one of 302 Census places in Louisiana; its 580 residents put it at 201st.
Rate-shopping from Cankton costs nothing at pre-qualification, where a soft pull leaves your credit file alone. From the 2020 Census base to the 2023 estimate, the population declined by about 0.3%. To lend to Cankton's 580 residents, a company must hold a Louisiana licence, and each sourced row below names the regulator behind it. The nearest larger city is Carencro, LA about 5 miles away.
Borrowing in Cankton: the local picture
Cankton is a small community; the notes below cover its population profile and the statewide rules that apply.
- Population: the Census counts 580 residents in Cankton (Vintage 2023 subcounty estimate), the 201st-largest figure among Louisiana's 302 places.
- Population trend: A loss of roughly 0.3% between 2020 and 2023.
- Absolute change: 2 residents lost between 2020 and 2023.
- Size percentile: Cankton sits ahead of around 33% of Louisiana places, at 580 people.
- Population density: about 284 people per square mile across 2.0 square miles of land (Census Gazetteer area, Vintage 2023 population).
- Land area: Cankton covers 2.0 square miles, the 181st-largest area among Louisiana's 302 places.
- State population share: Cankton accounts for about 0.0% of everyone in Louisiana.
- National rank: Cankton is the 12,572nd most populous of the 19,457 Census places covered here.
- Growth in Louisiana: Cankton stands 64th by percentage change from 2020 to 2023, among 302 places.
- Versus Louisiana: the state average change is -2.1%, while Cankton moved 0.3%.
- Density rank: Cankton places 217th among Louisiana's places by people per square mile.
- Against the state median: Cankton runs about 284 residents per square mile, where the Louisiana median is 534.
- Location: the Census Gazetteer records it at 30.3455, -92.1131.
- Nearest larger cities: Carencro (5 mi); Sunset (5 mi); Grand Coteau (7 mi); Church Point (7 mi); Scott (7 mi). Online lenders reach Cankton no matter how far the nearest branch is.
- Nearest smaller places: Chataignier (20 mi); Palmetto (28 mi); Mermentau (30 mi).
- Smaller neighbours: 10 places smaller than Cankton sit within 50 miles.
- At 100 miles: 126 larger Census places fall inside that radius.
What a Cankton borrower is actually offered
Cankton is a small community of about 580 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Federal Truth in Lending rules require a Cankton lender to disclose the APR and finance charge before you sign. The term you choose in Cankton decides the split between a comfortable payment and the total interest you pay.
Cankton on the map
The Census Gazetteer records about 2.0 square miles of land within Cankton, with no significant water area listed. With 580 residents, the land area yields roughly 284 people per square mile. New Orleans, the largest place in Louisiana, is about 132 miles from Cankton. Counting outward 50 miles, 57 larger communities surround Cankton. By land area it ranks 181st of 302 Louisiana places.
A practical checklist for Cankton borrowers
Before you apply in Cankton, a community of about 580, work through these steps:
- Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
- Use the loan calculator to test the payment on your intended amount and term.
- Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
- Verify the lender's Louisiana licence with the regulator listed on this page.
- Keep the amount to the expense; an approval is not a reason to take more.
- Write down the purpose of the loan and your repayment plan before you apply.
- If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
In Cankton as elsewhere in Louisiana, the written terms — not the advertisement — are what count for its 580 residents.
Louisiana consumer-lending rules applied in Cankton
When Louisiana does not publish a figure, the row links to the source instead of inventing a number; Cankton is bound by the same rules.
| 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 |
| 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 |
Cankton against the rest of Louisiana
Among Louisiana's 302 places, Cankton sits at 201st for population, a share of roughly 0.0% of the state. On the 2020-to-2023 trend, Cankton stands 64th among Louisiana's 302 places — roughly the 79th percentile. At about 284 people per square mile, Cankton is the 217th most densely settled place in Louisiana. Between 2020 and 2023 the count changed by roughly 2 residents.
Common questions
What are my options in Cankton if my credit is poor?
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Nearby places
- Sunset, LA — population 3,088
- Carencro, LA — population 12,639
- Grand Coteau, LA — population 763
- Scott, LA — population 8,728
- Church Point, LA — population 4,030
- Duson, LA — population 1,316
- Leonville, LA — population 876
- Opelousas, LA — population 15,390