Iowa Park at a glance
- Population: about 6,578 residents, ranking 319th of 1,224 Census places in Texas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 6,531 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: a gain of roughly 0.7% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: 319th of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: about 74% of places in Texas are smaller (US Census Bureau).
- Coordinates: 33.9628 / -98.6809, per the US Census Bureau Gazetteer.
- Nearest larger cities (120-mile radius): Wichita Falls, TX (10 mi); Burkburnett, TX (10 mi); Vernon, TX (38 mi); Lawton, OK (48 mi); Duncan, OK (55 mi) (US Census Bureau).
- Nearest smaller towns: Pleasant Valley, TX (5 mi); Holliday, TX (10 mi); Cashion Community, TX (11 mi) — US Census Bureau populations.
What a personal loan costs in Iowa Park
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Judge an offer by its APR, which blends the interest rate with fees, and use the personal loan calculator to see the total cost.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Shop with more than one lender and treat pre-qualification as an estimate, since the final terms follow a full application.
Texas lending rules that apply in Iowa Park
The table lists the Texas rules that apply to a loan made in Iowa Park, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Iowa Park
Before you share your details with a lender in Iowa Park:
- 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.