Personal loans in Clovis, NM

The first question in Clovis is not the rate on offer but whether the payment fits; about 37,612 people live here under New Mexico lending law. Use the calculator on this page to price an amount and term before you commit in Clovis. State law, rather than federal rules alone, supplies the rate caps and licensing rules that reach Clovis's 37,612 residents. The next larger city is Amarillo, TX about 93 miles away.

Where Clovis stands

Only a few things actually differ by place — population, area, location, and the New Mexico rules a lender must follow — and they are below.

• Population: 37,612 residents; Clovis is the 8th-largest of 105 places in New Mexico (US Census Bureau, Vintage 2023).
• Population trend: Roughly 2.4% fewer residents than the 2020 Census counted.
• Net change: roughly 939 fewer people than the 2020 Census counted.
• Size percentile: with 37,612 residents, Clovis is larger than about 92% of New Mexico's Census places.
• Population density: about 1,592 people per square mile (Census land area 23.6 sq mi).
• By land area: Clovis ranks 12th among New Mexico's 105 places, at 23.6 sq mi.
• Water area rank: Clovis ranks 9th among New Mexico's 105 places, with 0.17 sq mi.
• State population share: Clovis accounts for about 2.6% of everyone in New Mexico.
• National rank: Clovis is 1,072nd of 19,457 places nationwide.
• Growth rank: Clovis ranks 78th among New Mexico's 105 places for the 2020-to-2023 change.
• State comparison: New Mexico's places average -0.8% for 2020-to-2023, against Clovis's 2.4%.
• Density in New Mexico: Clovis ranks 6th by people per square mile.
• Density in context: Clovis's 1,592 people per square mile sit against a New Mexico median of 475.
• Location: coordinates 34.4386, -103.1942 (US Census Bureau Gazetteer).
• Nearest larger cities: Amarillo (93 mi); Lubbock (96 mi); Roswell (106 mi); Hobbs (118 mi). A branch is convenient; it is not what sets your APR.
• Smaller communities close by: Texico (9 mi); Farwell (10 mi); Bovina (18 mi), each with its own Census population profile.
• Within a 50-mile radius: 16 smaller Census places.
• Larger places within 100 miles: 2.

Where Clovis sits

Clovis covers about 23.6 square miles of land, with 0.17 square miles of water inside its boundaries (Census Gazetteer). That land carries about 1,592 people per square mile. For the state's biggest city, Albuquerque, the distance is roughly 201 miles. Within 50 miles of Clovis there are 0 larger Census places. Within the same 50 miles lie 16 smaller Census places.

Getting a loan in Clovis

With about 1,592 residents per square mile, Clovis is moderately settled, and 0 larger Census places sit within 50 miles. What is available to Clovis's 37,612 borrowers is set by New Mexico licensing and your own credit, not by how many branches are nearby. The nearest larger city, Amarillo, TX about 93 miles away.

How personal loans work in Clovis

In Clovis, a smaller city of about 37,612, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. The APR tracks your credit score rather than Clovis's rank of 8th in New Mexico: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. A longer term lowers the monthly payment on a Clovis loan but raises total interest, so the smallest payment is not the cheapest loan.

How New Mexico law applies in Clovis

Below are the New Mexico rules that apply to a loan made in Clovis, each with the regulator that issued it.

Clovis in state context

Among New Mexico's 105 places, Clovis sits at 8th for population, a share of roughly 2.6% of the state. Its 2020-to-2023 change ranks 78th of 105 New Mexico places, putting it near the 26th percentile for growth. At about 1,592 people per square mile, Clovis is the 6th most densely settled place in New Mexico. Between 2020 and 2023 the count changed by roughly 939 residents.