Southlake at a glance
- Population: 31,137 (US Census Bureau, Vintage 2023 subcounty estimate), the 112th-largest of 1,224 places in Texas.
- 2020 Census base: 31,273 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 0.4% below the 2020 Census base (US Census Bureau).
- Rank among Texas places: 112th of the state's 1,224 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 91% of Texas's Census places by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 32.9545, -97.1489.
- Nearest larger cities: Grapevine, TX (4 mi); Keller, TX (5 mi); Flower Mound, TX (6 mi); Bedford, TX (8 mi); North Richland Hills, TX (8 mi) (Census populations, approximate straight-line distance).
- Smaller places nearby: Trophy Club, TX (3 mi); Westlake, TX (4 mi); Colleyville, TX (4 mi), per US Census Bureau estimates.
What a personal loan costs in Southlake
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Southlake
The table carries the Texas rate and licensing rules that apply to consumer loans made in Southlake.
| 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 Southlake
Before you commit to a personal loan in Southlake, 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.