Personalloaned Compare rates

TX · city page

Personal loans in Roma, TX

For residents of Roma, a personal loan is a lump sum with a fixed repayment schedule, and its cost reflects your credit, income and debt-to-income picture. Roma is home to about 11,554 people and ranks 221st among the 1,224 Census places in Texas. Rate caps and licensing for consumer lenders in Texas come from state law, and the sourced rows below set them out.

By the Personalloaned Editorial Team · Last updated 2026-09-16

Compare rates Run the numbers first

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Roma at a glance

  • Population: 11,554 (US Census Bureau, Vintage 2023 subcounty estimate), the 221st-largest of 1,224 places in Texas.
  • 2020 Census base: 11,571 people (US Census Bureau, 2020 Census count).
  • 2020 to 2023 change: down about 0.1% from the 2020 Census base to the 2023 estimate (US Census Bureau).
  • Rank among Texas places: 221st by size among 1,224 communities (US Census Bureau).
  • Size percentile: it exceeds roughly 82% of Texas's Census places by population (US Census Bureau).
  • Coordinates: 26.4147, -99.0039 (US Census Bureau Gazetteer).
  • Nearest larger cities: Rio Grande City, TX (12 mi); Palmview, TX (41 mi); Alton, TX (44 mi); Mission, TX (44 mi); McAllen, TX (49 mi) — straight-line distances, US Census Bureau populations.
  • Smaller towns nearby: Escobares, TX (3 mi); La Grulla, TX (24 mi); Sullivan City, TX (29 mi) (US Census Bureau).

What a personal loan costs in Roma

The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.

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.

The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.

Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.

Texas lending rules that apply in Roma

The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Roma.

RuleDetailSource
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 statusLegal 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 licensingLicense 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 regulatorTexas 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 Roma

Run through this list before signing anything in Roma:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Texas using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Roma?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Roma are the same as elsewhere in Texas.
How much can I borrow with a personal loan in Roma?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Roma require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Roma hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

Related