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Personal loans in Lyford, TX

For residents of Lyford, a personal loan is a lump sum with a fixed repayment schedule, and its cost reflects your credit, income and debt-to-income picture. Lyford is home to about 2,207 people and ranks 576th among the 1,224 Census places in Texas. The rate caps and licensing requirements that apply to a lender in Texas are set out in the sourced table below.

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

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Lyford at a glance

  • Population: 2,207 people, the 576th-largest place among Texas's 1,224 Census places (US Census Bureau, Vintage 2023).
  • 2020 Census base: 2,245 residents in the 2020 Census, per the US Census Bureau.
  • 2020 to 2023 change: about 1.7% lower than the 2020 Census base (US Census Bureau).
  • Rank among Texas places: 576th largest of 1,224 (US Census Bureau).
  • Size percentile: ahead of around 53% of Texas places in population terms (US Census Bureau).
  • Coordinates: 26.4146 / -97.7893, per the US Census Bureau Gazetteer.
  • Nearest larger cities: Raymondville, TX (4 mi); Santa Rosa, TX (11 mi); La Villa, TX (12 mi); Combes, TX (12 mi); Primera, TX (13 mi); US Census Bureau population estimates.
  • Smaller towns nearby: San Perlita, TX (11 mi); Palm Valley, TX (15 mi); Los Indios, TX (25 mi) (US Census Bureau).

What a personal loan costs in Lyford

Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.

The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.

Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.

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 Lyford

Read the table as the compliance picture for a lender serving Lyford: label, sourced figure, publisher and date.

RuleDetailSource
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
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

How to compare offers in Lyford

Run through this list before signing anything in Lyford:

  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 Lyford?
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 Lyford are the same as elsewhere in Texas.
How much can I borrow with a personal loan in Lyford?
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 Lyford 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 Lyford 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

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