Henderson at a glance
- Population: a Census-estimated 13,464, placing it 208th among Texas's 1,224 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 13,270 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: population rose about 1.5% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: 208th of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: ahead of around 83% of Texas places in population terms (US Census Bureau).
- Coordinates: mapped at 32.1573, -94.7959 by the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Kilgore, TX (17 mi); Longview, TX (25 mi); Jacksonville, TX (31 mi); Tyler, TX (32 mi); Marshall, TX (37 mi) (US Census Bureau).
- Smaller places close by: New London, TX (11 mi); Overton, TX (13 mi); Arp, TX (16 mi) (US Census Bureau).
What a personal loan costs in Henderson
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Texas lending rules that apply in Henderson
The table lists the Texas rules that apply to a loan made in Henderson, each with the regulator that published it.
| 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 Henderson
These steps are the ones that most affect the offer you receive in Henderson:
- 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.