Bishop Hills at a glance
- Population: roughly 201 people; 1,156th of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 211 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: down roughly 4.7% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Texas places: the 1,156th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: about 6% of Texas's Census places are smaller (US Census Bureau).
- Coordinates: 35.2614, -101.9519 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Amarillo, TX (8 mi); Timbercreek Canyon, TX (16 mi); Palisades, TX (16 mi); Lake Tanglewood, TX (17 mi); Canyon, TX (19 mi) (US Census Bureau).
- Smaller towns nearby: Sanford, TX (39 mi); Adrian, TX (40 mi); Edmonson, TX (68 mi) (US Census Bureau).
What a personal loan costs in Bishop Hills
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Texas lending rules that apply in Bishop Hills
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Bishop Hills
Run through this list before signing anything in Bishop Hills:
- 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.