Oak Leaf at a glance
- Population: a Census-estimated 1,679, placing it 656th among Texas's 1,224 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 1,552 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: up about 8.2% from the 2020 Census base to the 2023 estimate (US Census Bureau).
- Rank among Texas places: 656th largest of 1,224 (US Census Bureau).
- Size percentile: roughly 46% of Texas's places have fewer residents (US Census Bureau).
- Coordinates: 32.5225, -96.8493 (Census Gazetteer, US Census Bureau).
- Nearest larger cities: Glenn Heights, TX (2 mi); Ovilla, TX (2 mi); Red Oak, TX (4 mi); DeSoto, TX (5 mi); Lancaster, TX (7 mi); US Census Bureau population estimates.
- Smaller places nearby: Pecan Hill, TX (5 mi); Garrett, TX (15 mi); Maypearl, TX (17 mi), per US Census Bureau estimates.
What a personal loan costs in Oak Leaf
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
Lenders weigh your credit history, income and debts when they set the rate, and the term you choose then determines how that rate compounds into total cost.
Most lenders offer pre-qualification with a soft credit pull, so you can see an estimated rate and amount without affecting your credit score.
Texas lending rules that apply in Oak Leaf
Read the table as the compliance picture for a lender serving Oak Leaf: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 Oak Leaf
Before you share your details with a lender in Oak Leaf:
- 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.