Tolar at a glance
- Population: roughly 1,227 people; 747th of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 943 residents (US Census Bureau, 2020 Census).
- 2020 to 2023 change: about 30.1% more residents than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 747th-largest of 1,224 (US Census Bureau, Vintage 2023 estimate).
- Size percentile: it is larger than about 39% of the places in Texas (US Census Bureau).
- Coordinates: the Census Gazetteer places it at 32.3900, -97.9201.
- Nearest larger cities: Granbury, TX (9 mi); DeCordova, TX (14 mi); Glen Rose, TX (14 mi); Cresson, TX (20 mi); Stephenville, TX (21 mi) (Census populations, approximate straight-line distance).
- Smaller places close by: Stockton Bend, TX (11 mi); Lipan, TX (12 mi); Dennis, TX (15 mi) (US Census Bureau).
What a personal loan costs in Tolar
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
APR, not the simple interest rate, reflects what the loan actually costs once fees are included; the personal loan calculator puts a figure on it.
A lender weighs your credit profile, income and debts when setting the rate, and a longer term lowers the payment at the cost of more interest overall.
Pre-qualifying with several lenders takes minutes, uses a soft pull, and gives you real numbers to compare before any hard inquiry.
Texas lending rules that apply in Tolar
The sourced rows below are the rules a licensed lender must follow when lending in Texas, and therefore in Tolar.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Tolar
A few practical steps will make the process in Tolar less costly:
- 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.