Farmers Branch at a glance
- Population: 36,917, the 98th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 35,571 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 3.8% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 98th in population of 1,224 places (US Census Bureau).
- Size percentile: roughly 92% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: it sits at 32.9278, -96.8785 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Carrollton, TX (4 mi); Coppell, TX (7 mi); Irving, TX (7 mi); Lewisville, TX (10 mi); Richardson, TX (10 mi) (US Census Bureau populations).
- Nearest smaller communities: Addison, TX (4 mi); University Park, TX (7 mi); Highland Park, TX (8 mi) (Census populations).
What a personal loan costs in Farmers Branch
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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 Farmers Branch
The table carries the Texas rate and licensing rules that apply to consumer loans made in Farmers Branch.
| 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 Farmers Branch
The order below is a sensible way to approach a loan in Farmers Branch:
- 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.