Anna at a glance
- Population: 27,501 — 118th in Texas, which has 1,224 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 16,891 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 62.8% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 118th-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: roughly 90% of Texas's places have fewer residents (US Census Bureau).
- Coordinates: 33.3482, -96.5535 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (within 120 miles): Princeton, TX (12 mi); McKinney, TX (12 mi); Celina, TX (14 mi); Prosper, TX (17 mi); Allen, TX (18 mi) (US Census Bureau populations).
- Smaller towns nearby: Melissa, TX (4 mi); Van Alstyne, TX (5 mi); Weston, TX (7 mi) (US Census Bureau).
What a personal loan costs in Anna
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
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 Anna
Each row below is a Texas rule with its publisher and the date it was retrieved.
| 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 Anna
These steps are the ones that most affect the offer you receive in Anna:
- 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.