Texline at a glance
- Population: 464, the 996th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 454 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: an increase of about 2.2% since the 2020 count (US Census Bureau).
- Rank among Texas places: 996th of the state's 1,224 Census places (US Census Bureau).
- Size percentile: ahead of around 19% of Texas places in population terms (US Census Bureau).
- Coordinates: latitude 36.3765, longitude -103.0189 (US Census Bureau Gazetteer).
- Nearest larger cities: Clayton, NM (9 mi); Dalhart, TX (36 mi); Boise City, OK (37 mi); Stratford, TX (53 mi); Cactus, TX (61 mi); US Census Bureau population estimates.
- Nearest smaller communities: Grenville, NM (36 mi); Keyes, OK (52 mi); Des Moines, NM (52 mi), each a US Census place.
What a personal loan costs in Texline
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Your credit, income and existing debts drive the rate a lender offers, while the term you pick sets how much interest builds on top.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Texas lending rules that apply in Texline
The table carries the Texas rate and licensing rules that apply to consumer loans made in Texline.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Texline
Before you commit to a personal loan in Texline, 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.