Personal loans in Colt, AR

Colt is one of 500 Census places in Arkansas; its 284 residents put it at 333rd. A larger market lies at Caldwell, AR about 4 miles away. When Arkansas caps or restricts a product, lenders either change the terms or withdraw it from Colt as from the rest of the state. Decide the purpose of the loan and your repayment plan before sharing any details with a Colt lender.

Colt: the sourced local profile

Here is the sourced Census picture for Colt, plus the Arkansas lending rules that apply to a loan taken out here.

• Population: about 284, ranked 333rd of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
• Population trend: Down about 4.1% from the 2020 Census base to the 2023 estimate.
• People gained or lost: about 12 fewer since the 2020 base.
• Size percentile: with 284 residents, Colt is larger than about 33% of Arkansas's Census places.
• Density: roughly 226 residents per square mile, spread over 1.3 sq mi of land.
• By land area: Colt ranks 317th among Arkansas's 500 places, at 1.3 sq mi.
• State share: roughly 0.0% of Arkansas's residents live in Colt (284 people).
• National rank: Colt sits 15,298th by population among the 19,457 places in this dataset.
• Growth rank: Colt ranks 422nd among Arkansas's 500 places for the 2020-to-2023 change.
• Against the state trend: Colt's 4.1% change compares with a Arkansas average of +0.3% across its 500 places.
• Density in Arkansas: Colt ranks 351st by people per square mile.
• Against the state median: Colt runs about 226 residents per square mile, where the Arkansas median is 386.
• Location: latitude 35.1329, longitude -90.8129 (Census Gazetteer).
• Nearest larger cities: Caldwell (4 mi); Wynne (7 mi); Forrest City (8 mi); Madison (9 mi); Palestine (12 mi). Living near a larger metro rarely changes what is available in Colt.
• Smaller places close by: Widener (11 mi); Haynes (17 mi); Hunter (18 mi).
• Within a 50-mile radius: 34 smaller Census places.
• Within 100 miles: 229 places are larger than Colt.

Which Arkansas laws govern a loan in Colt

For the roughly 284 residents of Colt, the rules below are Arkansas's own; each row carries its publisher and retrieval date.

Getting a loan in Colt

Colt is lightly settled, with about 226 people per square mile and 52 larger places within 50 miles. Lenders licensed in Arkansas reach Colt's 284 residents online, so the nearest branch is not what sets your APR. The nearest bigger place is Caldwell, AR about 4 miles away.

How personal loans work in Colt

A Colt personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 284 residents. The rate you see advertised is a range, not a promise, until a lender reviews your file in Colt. The term you choose in Colt decides the split between a comfortable payment and the total interest you pay.

The Colt borrowing checklist

Complete these steps first when you borrow in Colt (284 residents):

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Run the numbers on the personal loan calculator so you know the payment before you apply.
3. Line up several pre-qualified offers and let the APR decide.
4. Confirm the Arkansas licence with the regulator named above before committing.
5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
6. Keep the amount to the expense; an approval is not a reason to take more.
7. Decide the purpose and how you will repay it before approaching any lender.

In Colt as elsewhere in Arkansas, the written terms — not the advertisement — are what count for its 284 residents.

Where Colt sits

Colt covers about 1.3 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 226 residents per square mile. The largest place in Arkansas, Little Rock, lies about 92 miles away. Counting outward 50 miles, 52 larger communities surround Colt. Within the same 50 miles lie 34 smaller Census places.