Lipan at a glance
- Population: 533 (US Census Bureau, Vintage 2023 subcounty estimate), the 964th-largest of 1,224 places in Texas.
- 2020 Census base: the 2020 count put the population at 503 (US Census Bureau).
- 2020 to 2023 change: population rose about 6.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: 964th in population of 1,224 places (US Census Bureau).
- Size percentile: it exceeds roughly 21% of Texas's Census places by population (US Census Bureau).
- Coordinates: 32.5187 latitude, -98.0471 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Dennis, TX (9 mi); Tolar, TX (12 mi); Granbury, TX (17 mi); Mineral Wells, TX (21 mi); DeCordova, TX (22 mi) — straight-line distances, US Census Bureau populations.
- Smaller places close by: Millsap, TX (16 mi); Stockton Bend, TX (17 mi); Gordon, TX (19 mi) (US Census Bureau).
What a personal loan costs in Lipan
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Texas lending rules that apply in Lipan
Each row below is a Texas rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Lipan
The order below is a sensible way to approach a loan in Lipan:
- 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.