Lovelady at a glance
- Population: roughly 584 people; 941st of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 571 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: up about 2.3% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Texas places: 941st out of 1,224 Census places (US Census Bureau).
- Size percentile: about 23% of Texas's Census places are smaller (US Census Bureau).
- Coordinates: it sits at 31.1282, -95.4459 in the US Census Bureau Gazetteer.
- Nearest larger cities: Crockett, TX (13 mi); Trinity, TX (13 mi); Groveton, TX (20 mi); Grapeland, TX (25 mi); Onalaska, TX (29 mi); US Census Bureau population estimates.
- Smaller places nearby: Latexo, TX (18 mi); Riverside, TX (20 mi); Midway, TX (20 mi), per US Census Bureau estimates.
What a personal loan costs in Lovelady
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
The term is the lever: extend it and the payment falls while total interest climbs; shorten it and the reverse happens.
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 Lovelady
The table lists the Texas rules that apply to a loan made in Lovelady, 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 Lovelady
These steps are the ones that most affect the offer you receive in Lovelady:
- 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.