Talco at a glance
- Population: 488 residents, the 987th-largest of 1,224 places in Texas (US Census Bureau, Vintage 2023).
- 2020 Census base: 494 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: down about 1.2% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Texas places: the 987th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 19% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: 33.3629, -95.1023 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Bogata, TX (10 mi); Mount Vernon, TX (15 mi); Mount Pleasant, TX (16 mi); Deport, TX (17 mi); Clarksville, TX (17 mi) (US Census Bureau).
- Nearest smaller places: Winfield, TX (14 mi); Miller's Cove, TX (14 mi); Annona, TX (19 mi) (US Census Bureau estimates).
What a personal loan costs in Talco
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Talco
The table lists the Texas rules that apply to a loan made in Talco, each with the regulator that published it.
| 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 Talco
Here is a short checklist for comparing personal loans in Talco:
- 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.