Iowa Colony at a glance
- Population: a Census-estimated 14,823, placing it 192nd among Texas's 1,224 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 8,143 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: a gain of roughly 82.0% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: 192nd of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 84% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 29.4411, -95.4238.
- Nearest larger cities (120-mile radius): Manvel, TX (5 mi); Pearland, TX (10 mi); Missouri City, TX (11 mi); Alvin, TX (12 mi); Friendswood, TX (14 mi) (US Census Bureau).
- Smaller places nearby: Sandy Point, TX (4 mi); Arcola, TX (5 mi); Bonney, TX (10 mi), per US Census Bureau estimates.
What a personal loan costs in Iowa Colony
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
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.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 Iowa Colony
Each row below is a Texas rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Iowa Colony
A few practical steps will make the process in Iowa Colony less costly:
- 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.