Leona at a glance
- Population: a Census-estimated 166, placing it 1,177th among Texas's 1,224 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 152 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 9.2% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,177th of the state's 1,224 Census places (US Census Bureau).
- Size percentile: it is larger than about 4% of the places in Texas (US Census Bureau).
- Coordinates: mapped at 31.1537, -95.9760 by the US Census Bureau Gazetteer.
- Nearest larger cities: Centerville, TX (7 mi); Normangee, TX (12 mi); Madisonville, TX (14 mi); Midway, TX (16 mi); Jewett, TX (18 mi), each a US Census place with its estimated population.
- Nearest smaller towns: Kirvin, TX (47 mi); Todd Mission, TX (62 mi); Powell, TX (69 mi) (US Census Bureau).
What a personal loan costs in Leona
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Texas lending rules that apply in Leona
Read the table as the compliance picture for a lender serving Leona: label, sourced figure, publisher and date.
| 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 Leona
Run through this list before signing anything in Leona:
- 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.