Iredell at a glance
- Population: 318 — 1,082nd in Texas, which has 1,224 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 308 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 3.2% more residents than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,082nd by size among 1,224 communities (US Census Bureau).
- Size percentile: it is larger than about 12% of the places in Texas (US Census Bureau).
- Coordinates: 31.9860 / -97.8717, per the US Census Bureau Gazetteer.
- Nearest larger cities: Walnut Springs, TX (9 mi); Hico, TX (9 mi); Meridian, TX (14 mi); Morgan, TX (16 mi); Glen Rose, TX (19 mi) (Census populations, approximate straight-line distance).
- Smaller places close by: Cranfills Gap, TX (15 mi); Covington, TX (38 mi); Aquilla, TX (39 mi) (US Census Bureau).
What a personal loan costs in Iredell
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Texas lending rules that apply in Iredell
The table carries the Texas rate and licensing rules that apply to consumer loans made in Iredell.
| 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 Iredell
A few practical steps will make the process in Iredell less costly:
- 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.