Seven Oaks at a glance
- Population: 73 (US Census Bureau, Vintage 2023 subcounty estimate), the 1,211th-largest of 1,224 places in Texas.
- 2020 Census base: 67 people counted in the 2020 Census (US Census Bureau).
- 2020 to 2023 change: roughly 9.0% higher than at the 2020 Census (US Census Bureau).
- Rank among Texas places: 1,211th largest of 1,224 (US Census Bureau).
- Size percentile: ahead of around 1% of Texas places in population terms (US Census Bureau).
- Coordinates: 30.8518 latitude, -94.8579 longitude (US Census Bureau Gazetteer).
- Nearest larger cities: Corrigan, TX (10 mi); Livingston, TX (11 mi); Onalaska, TX (15 mi); Chester, TX (16 mi); Goodrich, TX (18 mi) — straight-line distances, US Census Bureau populations.
- Nearest smaller towns: Dayton Lakes, TX (49 mi) (US Census Bureau).
What a personal loan costs in Seven Oaks
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
The number to compare is the APR, not the interest rate, because the APR folds in origination fees and other charges; our personal loan calculator will show what a given amount and term would cost.
A longer term reduces what you owe each month and increases the total interest, which is the trade-off to weigh before choosing one.
Before you borrow, decide what the loan is for and whether the monthly payment fits a budget you can already meet without taking on new debt.
Texas lending rules that apply in Seven Oaks
The table lists the Texas rules that apply to a loan made in Seven Oaks, each with the regulator that published it.
| 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 Seven Oaks
Here is a short checklist for comparing personal loans in Seven Oaks:
- 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.