Personal loans in Parma, MO

With roughly 519 residents, Parma is a small community, and the lending rules its borrowers live under are written in Missouri, not by the city. With an estimated 519 residents, Parma is the 459th-largest of 937 places in Missouri.

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.

The next larger city is Bernie, MO about 9 miles away. The trend for Parma between 2020 and 2023 is downward by roughly 6.8%. For the 519 people in Parma, Missouri runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. Price two or three terms so you can see which payment is truly affordable in Parma.

Parma by the numbers

Most of what governs a Parma loan is written in Missouri law rather than in the city; the sourced notes below make that split concrete.

Population: about 519 people live here, which puts Parma 459th of 937 Census places in Missouri (Vintage 2023).
Population trend: A loss of roughly 6.8% between 2020 and 2023.
Absolute change: 38 residents lost between 2020 and 2023.
Size percentile: roughly 51% of Missouri places rank below Parma.
Population density: about 813 people per square mile across 0.6 square miles of land (Census Gazetteer area, Vintage 2023 population).
Land area: Parma covers 0.6 square miles, the 521st-largest area among Missouri's 937 places.
State population share: Parma accounts for about 0.0% of everyone in Missouri.
National rank: Parma is the 13,011th most populous of the 19,457 Census places covered here.
Growth rank: Parma's 2020-to-2023 change ranks 925th of 937 places in Missouri.
State comparison: Missouri's places average +0.8% for 2020-to-2023, against Parma's 6.8%.
Density rank: Parma places 426th among Missouri's places by people per square mile.
Density vs Missouri: Parma's 813 people per square mile compare with a state median of 743.
Location: coordinates 36.6111, -89.8181 (US Census Bureau Gazetteer).
Nearest larger cities: Bernie (9 mi); Malden (10 mi); Lilbourn (11 mi); Gideon (13 mi); Clarkton (14 mi). Larger metros often have more branches, but online lenders reach Parma on the same terms.
Smaller places close by: Risco (4 mi); Catron (6 mi); Tallapoosa (7 mi).
Smaller places within 50 miles: 54 of them.
At 100 miles: 206 larger Census places fall inside that radius.

Parma on the map

The Census Gazetteer records about 0.6 square miles of land within Parma, with no significant water area listed. Spread across it are roughly 813 residents per square mile. Kansas City, the largest place in Missouri, is about 311 miles from Parma. A 50-mile radius around Parma takes in 54 places that are larger. Within the same 50 miles lie 54 smaller Census places.

How a Parma personal loan is priced

A Parma personal loan is an installment loan: a lump sum, then fixed monthly payments over a set term, priced off your credit rather than its 519 residents. Two numbers drive a Parma loan: the APR, which includes fees, and the term, which decides how long you keep paying. The term you choose in Parma decides the split between a comfortable payment and the total interest you pay.

Parma's place among Missouri's 937 places

Set beside Missouri's 937 places, Parma ranks 459th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Parma ranks 925th of 937 in Missouri (about the 1th percentile). Its roughly 813 residents per square mile place it 426th among Missouri's places. By land area, its 0.6 square miles rank 521st of 937 places in Missouri.

How lenders reach Parma

Parma is a moderately settled community of about 519 people, with 54 larger places inside a 50-mile radius. What is available to Parma's 519 borrowers is set by Missouri licensing and your own credit, not by how many branches are nearby. The nearest bigger place is Bernie, MO about 9 miles away.

Which Missouri laws govern a loan in Parma

These are Missouri's sourced lending facts as they reach Parma's 519 residents; the state has no city-level rate rule.

Rule	Detail	Source
State lending regulator	Missouri Division of Finance (Department of Commerce and Insurance) Source says: "We regulate state-chartered banks, trust companies, consumer credit facilities, mortgage brokers, and savings and loan institutions"	Missouri Division of Finance as of 2026-09-16
Additional loan fee cap (30+ day loans)	Up to 10% of principal, capped at $100 (RSMo § 408.140) Source says: "a fee, not to exceed ten percent of the principal amount loaned not to exceed one hundred dollars may be charged by the lender"	Missouri Revisor of Statutes as of 2026-09-16
Maximum legal interest rate (usury cap)	10% per annum, or the higher published 'market rate' (RSMo § 408.030) Source says: "a rate of interest not exceeding ten percent per annum on money due or to become due upon any contract"	Missouri Revisor of Statutes as of 2026-09-16

Compare personal loan offers Run the numbers first

Common questions

What are my options in Parma 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 Parma is the same as anywhere in Missouri.

What loan size can I expect in Parma?

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 Parma?

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 Parma 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

Risco, MO — population 265
Tallapoosa, MO — population 74
Catron, MO — population 38
Bernie, MO — population 1,834
Malden, MO — population 3,524
Penermon, MO — population 49
Gideon, MO — population 728
Canalou, MO — population 150