Higgins at a glance
- Population: the Census estimates 345 residents, ranking 1,063rd of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 361 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: a loss of about 4.4% since the 2020 count (US Census Bureau).
- Rank among Texas places: 1,063rd-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 13% of the places in Texas (US Census Bureau).
- Coordinates: 36.1210 latitude, -100.0274 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Shattuck, OK (13 mi); Arnett, OK (14 mi); Gage, OK (20 mi); Follett, TX (23 mi); Canadian, TX (25 mi); US Census Bureau population estimates.
- Nearest smaller communities: Darrouzett, TX (28 mi); Fargo, OK (29 mi); Reydon, OK (33 mi) (Census populations).
What a personal loan costs in Higgins
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
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 Higgins
The Texas rate caps and licensing rules that reach Higgins are listed below, each with its source and retrieval date.
| 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 Higgins
The steps below are worth completing first when you borrow in Higgins:
- 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.