Perryton at a glance
- Population: 8,219 — 284th in Texas, which has 1,224 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 8,487 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a decline of roughly 3.2% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: 284th-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 77% of Texas's places have fewer residents (US Census Bureau).
- Coordinates: 36.3929, -100.7977 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Guymon, OK (43 mi); Liberal, KS (46 mi); Pampa, TX (59 mi); Borger, TX (61 mi); Dumas, TX (75 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Booker, TX (15 mi); Spearman, TX (26 mi); Darrouzett, TX (27 mi) (Census populations).
What a personal loan costs in Perryton
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Texas lending rules that apply in Perryton
The table carries the Texas rate and licensing rules that apply to consumer loans made in Perryton.
| 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 Perryton
A few practical steps will make the process in Perryton 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.