Los Fresnos at a glance
- Population: the Census estimates 8,362 residents, ranking 278th of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 8,129 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 2.9% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 278th by size among 1,224 communities (US Census Bureau).
- Size percentile: larger than about 77% of the Census places in Texas (US Census Bureau).
- Coordinates: 26.0741, -97.4880 (US Census Bureau Gazetteer).
- Nearest larger cities: Brownsville, TX (6 mi); San Benito, TX (10 mi); Harlingen, TX (15 mi); Mercedes, TX (27 mi); Weslaco, TX (32 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Indian Lake, TX (1 mi); Rancho Viejo, TX (5 mi); Bayview, TX (7 mi), per US Census Bureau estimates.
What a personal loan costs in Los Fresnos
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Los Fresnos
The Texas rate caps and licensing rules that reach Los Fresnos are listed below, each with its source and retrieval date.
| 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 Los Fresnos
Here is a short checklist for comparing personal loans in Los Fresnos:
- 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.