Poynor at a glance
- Population: 289 (US Census Bureau, Vintage 2023 subcounty estimate), the 1,095th-largest of 1,224 places in Texas.
- 2020 Census base: 286 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: population rose about 1.0% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Texas places: 1,095th-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: about 11% of places in Texas are smaller (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 32.0793, -95.5924.
- Nearest larger cities: Frankston, TX (5 mi); Berryville, TX (7 mi); Brownsboro, TX (15 mi); Noonday, TX (16 mi); Athens, TX (16 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller communities: Coffee City, TX (8 mi); Moore Station, TX (8 mi); Cuney, TX (11 mi), each a US Census place.
What a personal loan costs in Poynor
With an installment loan the payment is fixed for the life of the loan, so the schedule is predictable from the first month to the last.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
Pre-qualification is a good first filter: it shows the rate and amount a lender may offer before you agree to a full application and a hard inquiry.
Texas lending rules that apply in Poynor
Read the table as the compliance picture for a lender serving Poynor: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Poynor
These steps are the ones that most affect the offer you receive in Poynor:
- 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.