Orchard at a glance
- Population: 323, the 1,080th-largest community in Texas out of 1,224 (US Census Bureau, Vintage 2023).
- 2020 Census base: 312 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: an increase of about 3.5% since the 2020 count (US Census Bureau).
- Rank among Texas places: the 1,080th-largest of 1,224 (US Census Bureau, 2023 estimate).
- Size percentile: roughly 12% of Texas's places have fewer residents (US Census Bureau).
- Coordinates: mapped at 29.6029, -95.9688 by the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Weston Lakes, TX (4 mi); Simonton, TX (5 mi); Wallis, TX (6 mi); East Bernard, TX (8 mi); Fulshear, TX (8 mi) (US Census Bureau).
- Nearest smaller places: South Frydek, TX (11 mi); Thompsons, TX (22 mi); Sandy Point, TX (32 mi) (US Census Bureau estimates).
What a personal loan costs in Orchard
A personal loan gives you the full amount at once and spreads repayment over a set number of months at a fixed payment.
Because the APR includes origination and finance charges, it is the honest comparison number; the personal loan calculator turns an APR and term into a monthly payment.
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.
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 Orchard
Every figure in the table below is sourced to a publisher with a date; where a state does not publish a number, we say so rather than estimate.
| 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 Orchard
Here is a short checklist for comparing personal loans in Orchard:
- 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.