Dodson at a glance
- Population: about 91 residents, ranking 1,202nd of 1,224 Census places in Texas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 94 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 3.2% below the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,202nd of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 2% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: it sits at 34.7654, -100.0204 in the US Census Bureau Gazetteer.
- Nearest larger cities: Hollis, OK (8 mi); Wellington, TX (13 mi); Gould, OK (16 mi); East Duke, OK (27 mi); Childress, TX (27 mi); US Census Bureau population estimates.
- Smaller towns nearby: Texola, OK (32 mi); Lakeview, TX (39 mi); Elmer, OK (43 mi) (US Census Bureau).
What a personal loan costs in Dodson
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Dodson
The table carries the Texas rate and licensing rules that apply to consumer loans made in Dodson.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Dodson
The steps below are worth completing first when you borrow in Dodson:
- 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.