Waxahachie at a glance
- Population: a Census-estimated 47,201, placing it 77th among Texas's 1,224 places (Vintage 2023 subcounty estimate).
- 2020 Census base: 41,131 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: a gain of roughly 14.8% between the 2020 count and the 2023 estimate (US Census Bureau).
- Rank among Texas places: 77th by size among 1,224 communities (US Census Bureau).
- Size percentile: it is larger than about 94% of the places in Texas (US Census Bureau).
- Coordinates: it sits at 32.4025, -96.8445 in the US Census Bureau Gazetteer.
- Nearest larger cities (within 120 miles): DeSoto, TX (14 mi); Cedar Hill, TX (14 mi); Mansfield, TX (20 mi); Grand Prairie, TX (22 mi); Arlington, TX (26 mi) (US Census Bureau populations).
- Nearest smaller towns: Pecan Hill, TX (7 mi); Red Oak, TX (8 mi); Oak Leaf, TX (8 mi) (US Census Bureau).
What a personal loan costs in Waxahachie
Personal loans are installment credit — one lump sum, repaid in equal monthly installments across a fixed term you agree to up front.
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.
Stretching the term lowers the monthly payment but raises the total interest you pay, so the smallest payment is not automatically the cheapest loan.
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 Waxahachie
The table carries the Texas rate and licensing rules that apply to consumer loans made in Waxahachie.
| Rule | Detail | Source |
|---|---|---|
| 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 |
| 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 |
How to compare offers in Waxahachie
These steps are the ones that most affect the offer you receive in Waxahachie:
- 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.