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Personal loans in Goodrich, TX

Taking out a personal loan in Goodrich means a fixed monthly payment for a set term, and the APR you are quoted rests on your credit, income and debts. The Census puts Goodrich at about 278 residents, the 1,104th-largest of 1,224 places in Texas. Rate caps and licensing for consumer lenders in Texas come from state law, and the sourced rows below set them out.

By the Personalloaned Editorial Team · Last updated 2026-09-16

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Goodrich at a glance

  • Population: 278, the 1,104th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
  • 2020 Census base: 248 residents in the 2020 Census, per the US Census Bureau.
  • 2020 to 2023 change: population rose about 12.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
  • Rank among Texas places: 1,104th largest of 1,224 (US Census Bureau).
  • Size percentile: ahead of around 10% of Texas places in population terms (US Census Bureau).
  • Coordinates: 30.6093, -94.9466 (US Census Bureau Gazetteer).
  • Nearest larger cities: Livingston, TX (7 mi); Shepherd, TX (9 mi); Coldspring, TX (11 mi); Onalaska, TX (18 mi); Point Blank, TX (19 mi); US Census Bureau population estimates.
  • Nearest smaller towns: Seven Oaks, TX (18 mi); North Cleveland, TX (19 mi); Chester, TX (30 mi) — US Census Bureau populations.

What a personal loan costs in Goodrich

Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.

The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.

The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.

Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.

Texas lending rules that apply in Goodrich

The table lists the Texas rules that apply to a loan made in Goodrich, each with the regulator that published it.

RuleDetailSource
Small-loan / installment lender licensingLicense 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 regulatorTexas 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 statusLegal 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

How to compare offers in Goodrich

Here is a short checklist for comparing personal loans in Goodrich:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Texas using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Goodrich?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Goodrich are the same as elsewhere in Texas.
How much can I borrow with a personal loan in Goodrich?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Goodrich require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Goodrich hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

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