Personal loans in Montrose, AR

The Montrose data picture

Two layers matter for a Montrose borrower: the local population picture and Arkansas's consumer-lending statutes.

• Population: an estimated 232 residents, 356th of 500 places in Arkansas (Census Vintage 2023 subcounty estimate).
• Population trend: A drop of about 5.3% from 2020 to 2023.
• Net change: roughly 13 fewer people than the 2020 Census counted.
• Size percentile: Montrose's 232 people outrank roughly 29% of the places in Arkansas.
• Density: the Census land area of 0.4 sq mi holds about 612 people per square mile.
• By land area: Montrose ranks 444th among Arkansas's 500 places, at 0.4 sq mi.
• State population share: Montrose accounts for about 0.0% of everyone in Arkansas.
• National standing: Montrose ranks 15,994th of 19,457 US places.
• Growth rank: Montrose's 2020-to-2023 change ranks 461st of 500 places in Arkansas.
• State comparison: Arkansas's places average +0.3% for 2020-to-2023, against Montrose's 5.3%.
• Density in Arkansas: Montrose ranks 150th by people per square mile.
• Density vs Arkansas: Montrose's 612 people per square mile compare with a state median of 386.
• Location: mapped by the US Census Bureau at 33.2989, -91.4964.
• Nearest larger cities: Portland (4 mi); Lake Village (12 mi); Dermott (16 mi); Wilmot (17 mi); Hamburg (18 mi). Any of them may have more branches, but statewide rules and your credit still set the price.
• Smaller communities close by: Parkdale (13 mi); Fountain Hill (21 mi); Reed (28 mi), each with its own Census population profile.
• Within a 50-mile radius: 11 smaller Census places.
• Within 100 miles: 164 places are larger than Montrose.

How Arkansas law applies in Montrose

Below are the Arkansas rules that apply to a loan made in Montrose, each with the regulator that issued it.

A practical checklist for Montrose borrowers

Before you apply in Montrose, a community of about 232, work through these steps:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Model the payment on the calculator before a lender models it for you.
3. Shop at least three lenders and judge them on APR and total cost.
4. Verify the lender's Arkansas licence with the regulator listed on this page.
5. Borrow only what the purpose requires, not the maximum you are offered.
6. Be clear on what the loan is for and how it gets repaid.
7. When debt already feels heavy, a nonprofit credit counsellor is worth a call first.

None of these steps is Montrose-specific: the same Arkansas licensing and disclosure rules reach all 232 residents.

Inside a Montrose personal loan

In Montrose, a small community of about 232, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. A lender serving Montrose's 232 residents must disclose the APR and finance charge in writing before you sign. Because the payment is fixed, the total cost of a Montrose loan is knowable in advance — unlike a revolving card balance.

Land, water and location for Montrose

Inside Montrose's boundaries lie about 0.4 square miles of land, with no significant water area recorded. That land carries about 612 people per square mile. The largest place in Arkansas, Little Rock, lies about 110 miles away. Counting outward 50 miles, 39 larger communities surround Montrose. Within the same 50 miles lie 11 smaller Census places.

Montrose against the rest of Arkansas

Against Arkansas's other places, Montrose accounts for about 0.0% of the state's population and ranks 356th of 500 by size. Its 2020-to-2023 change ranks 461st of 500 Arkansas places, putting it near the 8th percentile for growth. By density, at about 612 people per square mile, it ranks 150th in Arkansas. By land area, its 0.4 square miles rank 444th of 500 places in Arkansas.