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Personal loans in Godley, TX

A personal loan in Godley is a fixed-term installment product, and the price a lender offers you is driven by your credit profile, income and existing debts. The Census counts about 3,589 residents in Godley, ranking it 447th among the 1,224 places in Texas. Texas sets the rate caps and licensing rules a lender must follow here, and the sourced table below lists them.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Godley at a glance

  • Population: about 3,589, 447th by size in Texas of 1,224 places (Census Vintage 2023 subcounty estimate).
  • 2020 Census base: 1,457 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
  • 2020 to 2023 change: a gain of roughly 146.3% between the 2020 count and the 2023 estimate (US Census Bureau).
  • Rank among Texas places: 447th of 1,224 by population (US Census Bureau, Vintage 2023).
  • Size percentile: ahead of around 63% of Texas places in population terms (US Census Bureau).
  • Coordinates: 32.4589 / -97.5329, per the US Census Bureau Gazetteer.
  • Nearest larger cities (within 120 miles): Joshua, TX (9 mi); Cleburne, TX (10 mi); Burleson, TX (13 mi); Keene, TX (13 mi); Crowley, TX (13 mi) (US Census Bureau populations).
  • Nearest smaller towns: Cresson, TX (7 mi); DeCordova, TX (10 mi); Cross Timber, TX (12 mi) — US Census Bureau populations.

What a personal loan costs in Godley

A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.

The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.

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.

Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.

Texas lending rules that apply in Godley

Each row below is a Texas rule with its publisher and the date it was retrieved.

RuleDetailSource
State lending regulatorTexas 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 statusLegal 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 licensingLicense 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 Godley

The steps below are worth completing first when you borrow in Godley:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Texas using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Godley?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Godley are the same as elsewhere in Texas.
How much can I borrow with a personal loan in Godley?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Godley require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Godley hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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