Mexia at a glance
- Population: 6,859 (US Census Bureau, Vintage 2023 subcounty estimate), the 312th-largest of 1,224 places in Texas.
- 2020 Census base: 6,898 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 0.6% lower than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 312th out of 1,224 Census places (US Census Bureau).
- Size percentile: ahead of around 75% of Texas places in population terms (US Census Bureau).
- Coordinates: 31.6807 / -96.4832, per the US Census Bureau Gazetteer.
- Nearest larger cities: Corsicana, TX (28 mi); Bellmead, TX (36 mi); Lacy-Lakeview, TX (37 mi); Robinson, TX (41 mi); Waco, TX (42 mi) — straight-line distances, US Census Bureau populations.
- Smaller places nearby: Tehuacana, TX (5 mi); Wortham, TX (8 mi); Kirvin, TX (11 mi), per US Census Bureau estimates.
What a personal loan costs in Mexia
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
Set the loan amount from the expense itself rather than the maximum you are approved for, and keep the payment within your existing budget.
Texas lending rules that apply in Mexia
The table lists the Texas rules that apply to a loan made in Mexia, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mexia
Before you share your details with a lender in Mexia:
- 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.