Thompsons at a glance
- Population: the Census estimates 181 residents, ranking 1,170th of 1,224 places in Texas (Vintage 2023).
- 2020 Census base: 158 people at the 2020 Census, the baseline for the trend below (US Census Bureau).
- 2020 to 2023 change: about 14.6% growth over the 2020 Census base (US Census Bureau).
- Rank among Texas places: 1,170th in population of 1,224 places (US Census Bureau).
- Size percentile: about 4% of Texas's Census places are smaller (US Census Bureau).
- Coordinates: 29.4818, -95.6369 (US Census Bureau Gazetteer).
- Nearest larger cities: Sugar Land, TX (8 mi); Missouri City, TX (8 mi); Fairchilds, TX (9 mi); Pleak, TX (10 mi); Richmond, TX (10 mi); US Census Bureau population estimates.
- Nearest smaller towns: Quintana, TX (43 mi); Woodloch, TX (53 mi); Todd Mission, TX (55 mi) — US Census Bureau populations.
What a personal loan costs in Thompsons
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.
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.
Choosing a longer term eases the monthly budget but adds interest over the life of the loan; a shorter term costs more per month and less overall.
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 Thompsons
The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Thompsons.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Thompsons
The order below is a sensible way to approach a loan in Thompsons:
- 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.