Ellinger at a glance
- Population: the Census estimates 296 residents, ranking 1,088th of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 287 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: roughly 3.1% higher than at the 2020 Census (US Census Bureau).
- Rank among Texas places: 1,088th by size among 1,224 communities (US Census Bureau).
- Size percentile: roughly 11% of Texas's places have fewer residents (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 29.8375, -96.7050.
- Nearest larger cities: Weimar, TX (10 mi); La Grange, TX (11 mi); Columbus, TX (13 mi); Schulenburg, TX (16 mi); Flatonia, TX (26 mi), each a US Census place with its estimated population.
- Smaller towns nearby: Fayetteville, TX (5 mi); Industry, TX (15 mi); Round Top, TX (16 mi) (US Census Bureau).
What a personal loan costs in Ellinger
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Texas lending rules that apply in Ellinger
The table carries the Texas rate and licensing rules that apply to consumer loans made in Ellinger.
| 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 Ellinger
These steps are the ones that most affect the offer you receive in Ellinger:
- 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.