Ennis at a glance
- Population: roughly 23,686 people; 137th of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 20,118 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a gain of roughly 17.7% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: 137th largest of 1,224 (US Census Bureau).
- Size percentile: it exceeds roughly 89% of Texas's Census places by population (US Census Bureau).
- Coordinates: it sits at 32.3251, -96.6338 in the US Census Bureau Gazetteer.
- Nearest larger cities: Waxahachie, TX (13 mi); Corsicana, TX (19 mi); Lancaster, TX (20 mi); Midlothian, TX (23 mi); DeSoto, TX (23 mi); US Census Bureau population estimates.
- Nearest smaller towns: Garrett, TX (4 mi); Bardwell, TX (5 mi); Alma, TX (6 mi) (US Census Bureau).
What a personal loan costs in Ennis
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 Ennis
The table lists the Texas rules that apply to a loan made in Ennis, each with the regulator that published it.
| 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 Ennis
The steps below are worth completing first when you borrow in Ennis:
- 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.