Nome at a glance
- Population: a Census-estimated 464, placing it 995th among Texas's 1,224 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 470 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down about 1.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Texas places: 995th of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 19% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: it sits at 30.0323, -94.4205 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): China, TX (5 mi); Sour Lake, TX (7 mi); Bevil Oaks, TX (12 mi); Daisetta, TX (14 mi); Beaumont, TX (17 mi) (US Census Bureau).
- Nearest smaller towns: Devers, TX (10 mi); Rose Hill Acres, TX (18 mi); Taylor Landing, TX (21 mi) (US Census Bureau).
What a personal loan costs in Nome
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
Texas lending rules that apply in Nome
Read the table as the compliance picture for a lender serving Nome: label, sourced figure, publisher and 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 Nome
Before you commit to a personal loan in Nome, work through these steps:
- 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.