Overton at a glance
- Population: the Census estimates 2,316 residents, ranking 559th of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: the 2020 Census recorded 2,277 residents here (US Census Bureau).
- 2020 to 2023 change: roughly 1.7% higher than at the 2020 Census (US Census Bureau).
- Rank among Texas places: 559th out of 1,224 Census places (US Census Bureau).
- Size percentile: about 54% of places in Texas are smaller (US Census Bureau).
- Coordinates: latitude 32.2756, longitude -94.9725 (US Census Bureau Gazetteer).
- Nearest larger cities: Kilgore, TX (11 mi); Henderson, TX (13 mi); Whitehouse, TX (15 mi); Gladewater, TX (19 mi); White Oak, TX (19 mi); US Census Bureau population estimates.
- Nearest smaller towns: New London, TX (3 mi); Arp, TX (6 mi); New Chapel Hill, TX (12 mi) (US Census Bureau).
What a personal loan costs in Overton
Most personal loans are unsecured, meaning no collateral is pledged, and they are repaid in equal installments over a fixed term.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
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.
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 Overton
Each row below is a Texas rule with its publisher and the date it was retrieved.
| 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 Overton
The order below is a sensible way to approach a loan in Overton:
- 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.