Clyde at a glance
- Population: about 3,985, 423rd by size in Texas of 1,224 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 3,807 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: up about 4.7% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Texas places: 423rd largest of 1,224 (US Census Bureau).
- Size percentile: larger than about 65% of the Census places in Texas (US Census Bureau).
- Coordinates: 32.4056 latitude, -99.5039 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Abilene, TX (14 mi); Cisco, TX (30 mi); Breckenridge, TX (42 mi); Sweetwater, TX (53 mi); Brownwood, TX (57 mi); US Census Bureau population estimates.
- Nearest smaller places: Baird, TX (6 mi); Impact, TX (16 mi); Putnam, TX (18 mi) (US Census Bureau estimates).
What a personal loan costs in Clyde
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Texas lending rules that apply in Clyde
The Texas rate caps and licensing rules that reach Clyde are listed below, each with its source and retrieval date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Clyde
These steps are the ones that most affect the offer you receive in Clyde:
- 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.