Denison at a glance
- Population: 26,343, the 121st-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 24,460 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 7.7% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 121st-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it exceeds roughly 90% of Texas's Census places by population (US Census Bureau).
- Coordinates: 33.7669, -96.5807 (Census Gazetteer, US Census Bureau).
- Nearest larger cities (120-mile radius): Sherman, TX (10 mi); Anna, TX (29 mi); Celina, TX (33 mi); Prosper, TX (39 mi); McKinney, TX (39 mi) (US Census Bureau).
- Nearest smaller towns: Pottsboro, TX (5 mi); Knollwood, TX (6 mi); Colbert, OK (8 mi) — US Census Bureau populations.
What a personal loan costs in Denison
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Texas lending rules that apply in Denison
The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Denison.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Denison
A few practical steps will make the process in Denison 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.