Mineola at a glance
- Population: about 5,119 residents, ranking 370th of 1,224 Census places in Texas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 4,826 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population rose about 6.1% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: 370th of the state's 1,224 Census places (US Census Bureau).
- Size percentile: about 70% of places in Texas are smaller (US Census Bureau).
- Coordinates: 32.6529, -95.4803 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Lindale, TX (12 mi); Tyler, TX (25 mi); Gladewater, TX (32 mi); Whitehouse, TX (33 mi); Sulphur Springs, TX (35 mi) (US Census Bureau populations).
- Nearest smaller places: Quitman, TX (10 mi); Hideaway, TX (11 mi); Van, TX (13 mi) (US Census Bureau estimates).
What a personal loan costs in Mineola
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The APR is the comparable price of a loan since it folds in fees; model any offer with the personal loan calculator first.
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 Mineola
Read the table as the compliance picture for a lender serving Mineola: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Mineola
Before you commit to a personal loan in Mineola, work through these steps:
- 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.