Teague at a glance
- Population: the Census estimates 3,536 residents, ranking 451st of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 3,389 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: an increase of about 4.3% since the 2020 count (US Census Bureau).
- Rank among Texas places: 451st by size among 1,224 communities (US Census Bureau).
- Size percentile: larger than about 63% of the Census places in Texas (US Census Bureau).
- Coordinates: 31.6295 / -96.2808, per the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): Mexia, TX (12 mi); Groesbeck, TX (16 mi); Corsicana, TX (33 mi); Palestine, TX (38 mi); Marlin, TX (42 mi) (US Census Bureau populations).
- Nearest smaller towns: Fairfield, TX (9 mi); Kirvin, TX (10 mi); Wortham, TX (15 mi) (US Census Bureau).
What a personal loan costs in Teague
The defining feature of a personal loan is the fixed installment: the same payment every month until the term ends.
Compare offers on APR rather than the headline rate — the APR includes most fees, and you can model the total with our personal loan calculator.
A longer repayment period spreads the cost and increases the interest paid, so compare total cost, not just the monthly figure.
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 Teague
The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Teague.
| 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 Teague
Run through this list before signing anything in Teague:
- 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.