Thorndale at a glance
- Population: about 1,364, 717th by size in Texas of 1,224 places (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 1,259 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: a gain of roughly 8.3% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: the 717th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 41% of Texas places in population terms (US Census Bureau).
- Coordinates: latitude 30.6140, longitude -97.2065 (US Census Bureau Gazetteer).
- Nearest larger cities: Rockdale, TX (12 mi); Taylor, TX (14 mi); Bartlett, TX (18 mi); Hutto, TX (21 mi); Elgin, TX (21 mi); US Census Bureau population estimates.
- Nearest smaller towns: Thrall, TX (6 mi); Coupland, TX (15 mi); Granger, TX (16 mi) — US Census Bureau populations.
What a personal loan costs in Thorndale
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Texas lending rules that apply in Thorndale
The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Thorndale.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Thorndale
Before you share your details with a lender in Thorndale:
- 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.