Roscoe at a glance
- Population: 1,220 — 749th in Texas, which has 1,224 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,263 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: a decline of roughly 3.4% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: the 749th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 39% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: it sits at 32.4419, -100.5322 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Sweetwater, TX (7 mi); Colorado City, TX (19 mi); Rotan, TX (29 mi); Snyder, TX (29 mi); Merkel, TX (30 mi) (US Census Bureau).
- Smaller towns nearby: Loraine, TX (11 mi); Roby, TX (23 mi); Trent, TX (24 mi) (US Census Bureau).
What a personal loan costs in Roscoe
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
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 Roscoe
The Texas rate caps and licensing rules that reach Roscoe are listed below, each with its source and retrieval date.
| 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 Roscoe
Before you commit to a personal loan in Roscoe, 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.