Tye at a glance
- Population: about 1,220 residents, ranking 750th of 1,224 Census places in Texas (US Census Bureau, Vintage 2023 subcounty estimate).
- 2020 Census base: 1,180 residents in the 2020 Census, per the US Census Bureau.
- 2020 to 2023 change: about 3.4% more residents than the 2020 Census base (US Census Bureau).
- Rank among Texas places: 750th of the state's 1,224 Census places (US Census Bureau).
- Size percentile: it is larger than about 39% of the places in Texas (US Census Bureau).
- Coordinates: 32.4522 / -99.8665, per the US Census Bureau Gazetteer.
- Nearest larger cities within 120 miles: Abilene, TX (7 mi); Merkel, TX (9 mi); Anson, TX (21 mi); Clyde, TX (21 mi); Baird, TX (28 mi) (US Census Bureau).
- Nearest smaller communities: Impact, TX (8 mi); Hawley, TX (11 mi); Buffalo Gap, TX (12 mi), each a US Census place.
What a personal loan costs in Tye
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
Two loans can share an interest rate and still differ in APR once fees are counted, so compare APR; our personal loan calculator shows the difference over the full term.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
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 Tye
The table carries the Texas rate and licensing rules that apply to consumer loans made in Tye.
| 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 Tye
These steps are the ones that most affect the offer you receive in Tye:
- 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.