Personalloaned Compare rates

TX · city page

Personal loans in Lufkin, TX

For a borrower in Lufkin, a personal loan is a sum repaid in equal monthly installments, priced mainly from your credit profile, income and debt load. Lufkin has a Census-estimated population of 34,181, ranking 107th among the 1,224 Census places in Texas. The sourced table below shows the Texas rate caps and licensing requirements that reach every loan made here.

By the Personalloaned Editorial Team · Last updated 2026-09-16

Advertising disclosure: Personalloaned may receive a referral fee if you apply through a link on this page. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. The lowest rates are only available to the most qualified applicants. Read the full disclosure.

Lufkin at a glance

  • Population: about 34,181 residents, ranking 107th of 1,224 Census places in Texas (US Census Bureau, Vintage 2023 subcounty estimate).
  • 2020 Census base: 34,117 people counted in the 2020 Census (US Census Bureau).
  • 2020 to 2023 change: up about 0.2% from the 2020 Census base to the 2023 estimate (US Census Bureau).
  • Rank among Texas places: 107th-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
  • Size percentile: about 91% of Texas's Census places are smaller (US Census Bureau).
  • Coordinates: 31.3229 latitude, -94.7290 longitude (US Census Bureau Gazetteer).
  • Nearest larger cities: Huntsville, TX (65 mi); Tyler, TX (77 mi); Conroe, TX (82 mi); Longview, TX (83 mi); Beaumont, TX (92 mi), each a US Census place with its estimated population.
  • Nearest smaller communities: Hudson, TX (3 mi); Burke, TX (6 mi); Huntington, TX (9 mi), each a US Census place.

What a personal loan costs in Lufkin

A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.

APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.

A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.

Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.

Texas lending rules that apply in Lufkin

The table carries the Texas rate and licensing rules that apply to consumer loans made in Lufkin.

RuleDetailSource
Payday lending statusLegal 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 licensingLicense 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 regulatorTexas 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 Lufkin

Here is a short checklist for comparing personal loans in Lufkin:

  1. Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
  2. Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
  3. Pre-qualify with at least three lenders and compare the APR, not the interest rate.
  4. Check that the lender is licensed in Texas using the regulator named above.
  5. Read the disclosure for origination fees and any prepayment penalty before you sign.

Common questions

Frequently asked questions

Can I get a personal loan with bad credit in Lufkin?
Yes, but expect a higher APR and possibly a smaller amount. Lenders that serve borrowers with lower scores are licensed statewide, so your options in Lufkin are the same as elsewhere in Texas.
How much can I borrow with a personal loan in Lufkin?
Loan amounts are set by each lender and depend on your income, credit and existing debts, so we do not quote a range we cannot source. The Consumer Financial Protection Bureau explains how lenders assess an application, and our personal loan calculator will model the payment for any amount before you apply.
Does a personal loan in Lufkin require collateral?
Unsecured personal loans do not require collateral. A secured loan, such as a home-equity or auto-secured loan, does — and it puts the pledged asset at risk if you default.
Will shopping for a loan in Lufkin hurt my credit?
Pre-qualification usually uses a soft credit pull that does not affect your score. A full application triggers a hard inquiry, which may lower your score by a few points temporarily.

Nearby places

Where these figures come from

Related