Carmine at a glance
- Population: 248, the 1,123rd-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 243 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 2.1% more residents than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,123rd of the state's 1,224 Census places (US Census Bureau).
- Size percentile: about 8% of Texas's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 30.1485, -96.6907 in the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Burton, TX (6 mi); Giddings, TX (14 mi); Somerville, TX (17 mi); Fayetteville, TX (17 mi); Industry, TX (17 mi) (US Census Bureau).
- Smaller places nearby: Round Top, TX (6 mi); South Frydek, TX (47 mi); Anderson, TX (48 mi), per US Census Bureau estimates.
What a personal loan costs in Carmine
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 Carmine
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 Carmine
The order below is a sensible way to approach a loan in Carmine:
- 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.