Kaufman at a glance
- Population: 9,201, the 259th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 7,216 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 27.5% higher than at the 2020 Census (US Census Bureau).
- Rank among Texas places: 259th of 1,224 by population (US Census Bureau, Vintage 2023).
- Size percentile: roughly 79% of places in Texas rank below it by population (US Census Bureau).
- Coordinates: mapped at 32.5772, -96.3137 by the US Census Bureau Gazetteer.
- Nearest larger cities: Terrell, TX (10 mi); Forney, TX (14 mi); Seagoville, TX (14 mi); Balch Springs, TX (20 mi); Mesquite, TX (20 mi) (Census populations, approximate straight-line distance).
- Nearest smaller towns: Oak Grove, TX (3 mi); Post Oak Bend, TX (4 mi); Oak Ridge, TX (4 mi) — US Census Bureau populations.
What a personal loan costs in Kaufman
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.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A useful rule is to keep the new payment inside the room your budget already has, so the loan eases pressure instead of adding to it.
Texas lending rules that apply in Kaufman
Each row below is a Texas rule with its publisher and the date it was retrieved.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Kaufman
The steps below are worth completing first when you borrow in Kaufman:
- 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.