Ector at a glance
- Population: 779 — 877th in Texas, which has 1,224 Census places (US Census Bureau, Vintage 2023).
- 2020 Census base: 737 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 5.7% higher than at the 2020 Census (US Census Bureau).
- Rank among Texas places: the 877th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: ahead of around 28% of Texas places in population terms (US Census Bureau).
- Coordinates: mapped at 33.5793, -96.2731 by the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Bonham, TX (5 mi); Bells, TX (8 mi); Whitewright, TX (8 mi); Trenton, TX (11 mi); Tom Bean, TX (13 mi) (US Census Bureau populations).
- Nearest smaller towns: Savoy, TX (6 mi); Ravenna, TX (7 mi); Dodd City, TX (11 mi) (US Census Bureau).
What a personal loan costs in Ector
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Texas lending rules that apply in Ector
The Texas rate caps and licensing rules that reach Ector are listed below, each with its source and retrieval date.
| 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 Ector
Before you commit to a personal loan in Ector, 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.