Pilot Point at a glance
- Population: about 5,884 residents, ranking 342nd of 1,224 Census places in Texas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: the 2020 Census recorded 4,379 residents here (US Census Bureau).
- 2020 to 2023 change: an increase of about 34.4% since the 2020 count (US Census Bureau).
- Rank among Texas places: 342nd largest of 1,224 (US Census Bureau).
- Size percentile: roughly 72% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: 33.3983, -96.9555 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Aubrey, TX (6 mi); Celina, TX (10 mi); Providence Village, TX (11 mi); Sanger, TX (12 mi); Prosper, TX (14 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Tioga, TX (6 mi); Gunter, TX (8 mi); Krugerville, TX (9 mi) (Census populations).
What a personal loan costs in Pilot Point
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Pilot Point
Read the table as the compliance picture for a lender serving Pilot Point: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Pilot Point
The order below is a sensible way to approach a loan in Pilot Point:
- 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.