Hebron at a glance
- Population: the Census estimates 224 residents, ranking 1,145th of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 226 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: about 0.9% lower than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,145th largest of 1,224 (US Census Bureau).
- Size percentile: roughly 6% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: latitude 33.0462, longitude -96.8871 (US Census Bureau Gazetteer).
- Nearest larger cities: The Colony, TX (3 mi); Carrollton, TX (4 mi); Lewisville, TX (5 mi); Addison, TX (6 mi); Hackberry, TX (7 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Corral City, TX (20 mi); Mobile City, TX (29 mi); Dorchester, TX (35 mi) — US Census Bureau populations.
What a personal loan costs in Hebron
A personal loan is an installment loan: you receive a lump sum and repay it in fixed monthly payments over a set term, usually two to seven years.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
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.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Texas lending rules that apply in Hebron
The table carries the Texas rate and licensing rules that apply to consumer loans made in Hebron.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Hebron
The order below is a sensible way to approach a loan in Hebron:
- 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.