Groves at a glance
- Population: 16,764, the 174th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 17,340 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: down roughly 3.3% across the 2020-to-2023 comparison (US Census Bureau).
- Rank among Texas places: 174th-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: ahead of around 86% of Texas places in population terms (US Census Bureau).
- Coordinates: 29.9460 / -93.9167, per the US Census Bureau Gazetteer.
- Nearest larger cities: Port Arthur, TX (3 mi); Nederland, TX (5 mi); Orange, TX (16 mi); Beaumont, TX (17 mi); Sulphur, LA (39 mi), each a US Census place with its estimated population.
- Smaller places close by: Port Neches, TX (3 mi); Bridge City, TX (8 mi); West Orange, TX (13 mi) (US Census Bureau).
What a personal loan costs in Groves
Personal loans are closed-end installment debt, so the monthly payment and the payoff date are known from the start.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Texas lending rules that apply in Groves
The table lists the Texas rules that apply to a loan made in Groves, each with the regulator that published it.
| 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 Groves
Run through this list before signing anything in Groves:
- 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.