Personal loans in Damascus, AR

To lend to Damascus's 391 residents, a company must hold a Arkansas licence, and each sourced row below names the regulator behind it. With an estimated 391 residents, Damascus is the 294th-largest of 500 places in Arkansas.

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

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

If you are weighing a personal loan in Damascus, start from the payment you can carry; its 391 residents face the same statewide rules. Damascus gained roughly 1.6% in population across the 2020-to-2023 comparison. Get pre-qualified with several lenders, then compare APR rather than the headline rate for a Damascus loan. For a bigger market, look to Guy, AR about 5 miles away.

Damascus: population, trend and location

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

Population: an estimated 391 residents, 294th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
Population trend: Roughly 1.6% more residents than the 2020 Census counted.
Net change: roughly 6 more people than the 2020 Census counted.
Size percentile: roughly 41% of Arkansas's places have fewer residents than Damascus's 391.
Population density: about 210 people per square mile (Census land area 1.9 sq mi).
Land area: Damascus covers 1.9 square miles, the 264th-largest area among Arkansas's 500 places.
State population share: Damascus accounts for about 0.0% of everyone in Arkansas.
National rank: Damascus is 14,182nd of 19,457 places nationwide.
Growth rank: Damascus's 2020-to-2023 change ranks 141st of 500 places in Arkansas.
Against the state trend: Damascus's 1.6% change compares with a Arkansas average of +0.3% across its 500 places.
Density in Arkansas: Damascus ranks 367th by people per square mile.
Against the state median: Damascus runs about 210 residents per square mile, where the Arkansas median is 386.
Location: the Census Gazetteer records it at 35.3671, -92.4107.
Nearest larger cities: Guy (5 mi); Greenbrier (10 mi); Quitman (11 mi); Wooster (12 mi); Clinton (15 mi). A branch is convenient; it is not what sets your APR.
Nearest smaller towns: Twin Groves (3 mi); Enola (17 mi); Menifee (17 mi).
Within a 50-mile radius: 23 smaller Census places.
At 100 miles: 163 larger Census places fall inside that radius.

Damascus on the map

The Census Gazetteer records about 1.9 square miles of land within Damascus, with no significant water area listed. The resulting density is about 210 people per square mile. The largest place in Arkansas, Little Rock, lies about 44 miles away. Damascus has 45 larger places within a 50-mile radius. By land area it ranks 264th of 500 Arkansas places.

What shapes a Damascus personal loan

Damascus is a small community of about 391 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 Damascus lender to disclose the APR and finance charge before you sign. Shortening the term on a Damascus loan raises the monthly payment but cuts the interest; lengthening it does the reverse.

Damascus's place among Arkansas's 500 places

Set beside Arkansas's 500 places, Damascus ranks 294th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Damascus ranks 141st of 500 in Arkansas (about the 72th percentile). Its roughly 210 residents per square mile place it 367th among Arkansas's places. By land area, its 1.9 square miles rank 264th of 500 places in Arkansas.

Getting a loan in Damascus

Damascus is a lightly settled community of about 391 people, with 45 larger places inside a 50-mile radius. Lenders licensed in Arkansas reach Damascus's 391 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Guy, AR about 5 miles away.

Which Arkansas laws govern a loan in Damascus

The rows below set out what a licensed lender must follow in Arkansas, and so for Damascus's roughly 391 residents.

Rule	Detail	Source
State lending regulator	Arkansas State Bank Department Source says: "The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas".	Arkansas State Bank Department as of 2026-09-16
Payday lending status	Not permitted — all storefront payday lending eliminated; the Attorney General has worked to eliminate all forms of payday lending since 2008 Source says: "the Attorney General's office has worked to eliminate all forms of payday lending in Arkansas"; "all storefront payday loan operations in Arkansas have been shut down".	Arkansas Attorney General — Consumer Protection Division as of 2026-09-16
Small-loan / installment lender licensing	See the latest published figure value_text left null: the State Bank Department does not publish a consumer small-loan license rate schedule that could be verified; storefront payday lending has been eliminated (see Payday lending status). See the linked regulator page for the licensee categories it supervises.	Arkansas State Bank Department as of 2026-09-16

Compare personal loan offers Run the numbers first

Common questions

What are my options in Damascus if my credit is poor?

Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Damascus is the same as anywhere in Arkansas.

What loan size can I expect in Damascus?

Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.

Do I have to pledge anything to borrow in Damascus?

For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.

Does comparing loans in Damascus cost me credit score points?

Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Twin Groves, AR — population 317
Guy, AR — population 744
Greenbrier, AR — population 6,170
Wooster, AR — population 1,058
Quitman, AR — population 700
Clinton, AR — population 2,524
Holland, AR — population 595
Menifee, AR — population 295