Cumby at a glance
- Population: 706 residents, the 902nd-largest of 1,224 places in Texas (US Census Bureau, Vintage 2023).
- 2020 Census base: the 2020 count put the population at 680 (US Census Bureau).
- 2020 to 2023 change: a gain of roughly 3.8% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: 902nd in population of 1,224 places (US Census Bureau).
- Size percentile: roughly 26% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: 33.1351 latitude, -95.8385 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Commerce, TX (8 mi); Lone Oak, TX (11 mi); Sulphur Springs, TX (13 mi); Point, TX (14 mi); Greenville, TX (16 mi), each a US Census place with its estimated population.
- Nearest smaller communities: Campbell, TX (7 mi); Neylandville, TX (11 mi); Yantis, TX (21 mi), each a US Census place.
What a personal loan costs in Cumby
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
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 Cumby
Read the table as the compliance picture for a lender serving Cumby: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Cumby
Before you commit to a personal loan in Cumby, work through these steps:
- 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.