Sulphur Springs at a glance
- Population: 16,564 residents, the 177th-largest of 1,224 places in Texas (US Census Bureau, Vintage 2023).
- 2020 Census base: 15,940 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: an increase of about 3.9% since the 2020 count (US Census Bureau).
- Rank among Texas places: 177th out of 1,224 Census places (US Census Bureau).
- Size percentile: it exceeds roughly 86% of Texas's Census places by population (US Census Bureau).
- Coordinates: latitude 33.1431, longitude -95.6147 (US Census Bureau Gazetteer).
- Nearest larger cities (within 120 miles): Greenville, TX (29 mi); Paris, TX (37 mi); Royse City, TX (42 mi); Fate, TX (46 mi); Terrell, TX (49 mi) (US Census Bureau populations).
- Nearest smaller places: Como, TX (10 mi); Cumby, TX (13 mi); Tira, TX (14 mi) (US Census Bureau estimates).
What a personal loan costs in Sulphur Springs
A personal loan is structured as an installment plan, with a set number of monthly payments and a fixed amount due each time.
Compare every quote on APR because it includes the fees the interest rate hides, and check the payment with our 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.
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 Sulphur Springs
The table carries the Texas rate and licensing rules that apply to consumer loans made in Sulphur Springs.
| 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 Sulphur Springs
Before you commit to a personal loan in Sulphur Springs, work through these steps:
- 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.