Indian Lake at a glance
- Population: 868 (US Census Bureau, Vintage 2023 subcounty estimate), the 844th-largest of 1,224 places in Texas.
- 2020 Census base: 841 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 3.2% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 844th largest of 1,224 (US Census Bureau).
- Size percentile: roughly 31% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: it sits at 26.0877, -97.5031 in the US Census Bureau Gazetteer.
- Nearest larger cities: Los Fresnos, TX (1 mi); Rancho Viejo, TX (5 mi); Brownsville, TX (7 mi); San Benito, TX (9 mi); Rio Hondo, TX (11 mi); each population is a US Census Bureau estimate.
- Nearest smaller communities: Bayview, TX (7 mi); Progreso Lakes, TX (28 mi); San Perlita, TX (30 mi), each a US Census place.
What a personal loan costs in Indian Lake
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
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 Indian Lake
The Texas rate caps and licensing rules that reach Indian Lake are listed below, each with its source and retrieval date.
| 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 Indian Lake
The steps below are worth completing first when you borrow in Indian Lake:
- 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.