Woodson at a glance
- Population: the Census estimates 233 residents, ranking 1,137th of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 219 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: population rose about 6.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: the 1,137th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 7% of Texas places in population terms (US Census Bureau).
- Coordinates: 33.0149 latitude, -99.0534 longitude (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Throckmorton, TX (14 mi); Breckenridge, TX (20 mi); Newcastle, TX (22 mi); Albany, TX (24 mi); Graham, TX (28 mi) (US Census Bureau).
- Nearest smaller communities: Megargel, TX (31 mi); Goree, TX (41 mi); Weinert, TX (42 mi), each a US Census place.
What a personal loan costs in Woodson
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Woodson
Read the table as the compliance picture for a lender serving Woodson: label, sourced figure, publisher and date.
| 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 Woodson
A few practical steps will make the process in Woodson 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.