Big Wells at a glance
- Population: 461 residents, the 999th-largest of 1,224 places in Texas (US Census Bureau, Vintage 2023).
- 2020 Census base: 482 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: roughly 4.4% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among Texas places: 999th of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 18% of Texas's places have fewer residents (US Census Bureau).
- Coordinates: 28.5699 latitude, -99.5702 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Asherton, TX (14 mi); Crystal City, TX (18 mi); Carrizo Springs, TX (18 mi); Cotulla, TX (22 mi); Dilley, TX (25 mi) (US Census Bureau populations).
- Nearest smaller towns: Spofford, TX (66 mi); Christine, TX (67 mi); Leakey, TX (81 mi) (US Census Bureau).
What a personal loan costs in Big Wells
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Texas lending rules that apply in Big Wells
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| Rule | Detail | Source |
|---|---|---|
| Maximum legal interest rate (usury cap) | 10% per year maximum; a greater rate is usurious unless otherwise provided by law (Tex. Fin. Code § 302.001) Source says: The maximum rate or amount of interest is 10 percent a year except as otherwise provided by law. | Texas Legislature (Texas Constitution and Statutes) as of 2026-09-16 |
| Payday lending status | Legal via licensed credit access businesses (payday/title-loan brokers); the third-party lender itself is not licensed (Tex. Fin. Code ch. 393) Source says: the credit access business that serves as the broker is the licensee in this regulated industry | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| Small-loan / installment lender licensing | License required for non-depository lenders charging more than 10% interest; Chapter 342 governs consumer loans (Tex. Fin. Code § 342.051) Source says: Non-depository lenders who engage in making, transacting, or collecting loans with a rate of interest greater than 10% must be licensed by the OCCC. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
| State lending regulator | Texas Office of Consumer Credit Commissioner (OCCC) Source says: The OCCC licenses and regulates non-depository lenders in the state of Texas. | Texas Office of Consumer Credit Commissioner (OCCC) as of 2026-09-16 |
How to compare offers in Big Wells
These steps are the ones that most affect the offer you receive in Big Wells:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Texas using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.