Sundown at a glance
- Population: 1,292, the 734th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 1,290 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: roughly 0.2% higher than at the 2020 Census (US Census Bureau).
- Rank among Texas places: 734th largest of 1,224 (US Census Bureau).
- Size percentile: it exceeds roughly 40% of Texas's Census places by population (US Census Bureau).
- Coordinates: 33.4575 latitude, -102.4908 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Levelland, TX (11 mi); Brownfield, TX (23 mi); Morton, TX (24 mi); Plains, TX (27 mi); Wolfforth, TX (28 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Whiteface, TX (12 mi); Opdyke West, TX (14 mi); Meadow, TX (18 mi) (US Census Bureau).
What a personal loan costs in Sundown
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Sundown
The table lists the Texas rules that apply to a loan made in Sundown, each with the regulator that published it.
| 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 Sundown
A few practical steps will make the process in Sundown 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.