Edom at a glance
- Population: roughly 362 people; 1,053rd of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 341 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 6.2% more residents than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,053rd of the state's 1,224 Census places (US Census Bureau).
- Size percentile: about 14% of places in Texas are smaller (US Census Bureau).
- Coordinates: 32.3741 / -95.6093, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Brownsboro, TX (5 mi); Chandler, TX (9 mi); Van, TX (10 mi); Murchison, TX (11 mi); Hideaway, TX (12 mi) (US Census Bureau).
- Smaller places nearby: Moore Station, TX (13 mi); Coffee City, TX (19 mi); Poynor, TX (20 mi), per US Census Bureau estimates.
What a personal loan costs in Edom
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
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.
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 Edom
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Edom
These steps are the ones that most affect the offer you receive in Edom:
- 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.