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Personal loans in Decatur, TX

Population in Decatur climbed about 22.3% over the three years from 2020 to 2023. The Census estimates 8,016 residents in Decatur, which ranks it 288th of 1,224 places in Texas. Decatur, Texas — home to about 8,016 people — is a small town, so the terms you are offered follow Texas law rather than any local rule. For a community of about 8,016, the practical step is to compare APR across at least three lenders before committing. When Texas caps or restricts a product, lenders either change the terms or withdraw it from Decatur as from the rest of the state. Borrowers who want a bigger city can look to Northlake, TX about 22 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

Compare loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Decatur: the sourced local profile

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

Steps to take before a Decatur loan

Before you hand your details to a lender in Decatur, where the population is near 8,016:

  1. Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
  2. Price the payment first with our personal loan calculator before any lender quotes you.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Look the lender up in the Texas regulator's licence records before you sign.
  5. Decide the purpose and how you will repay it before approaching any lender.
  6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
  7. Look for an origination fee or prepayment penalty in the written disclosure.

What differs between Decatur and the rest of Texas is not the process but the borrower's own file, among the 8,016 people here.

How personal loans work in Decatur

Decatur is a small town of about 8,016 people, and the personal loans written here are mostly unsecured — no collateral, so the lender leans on your credit file. Because pricing is borrower-level, two people in Decatur can be quoted different APRs on the same amount and term. Because the payment is fixed, the total cost of a Decatur loan is knowable in advance — unlike a revolving card balance.

The geography behind Decatur

The Census Gazetteer records about 9.3 square miles of land within Decatur, with no significant water area listed. Spread across it are roughly 861 residents per square mile. The largest place in Texas, Houston, lies about 271 miles away. Decatur has 45 larger places within a 50-mile radius. The 100-mile radius contains 100 larger places.

Texas rules behind a Decatur personal loan

Read the table as a lender's compliance picture for Decatur: the rule, the sourced figure, the publisher and the date.

RuleDetailSource
State lending regulatorTexas 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
Small-loan / installment lender licensingLicense 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
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

Where Decatur sits in Texas

Within Texas, Decatur holds roughly 0.0% of all residents, the 288th-largest share among 1,224 places. For population change between 2020 and 2023, Decatur ranks 76th of 1,224 in Texas (about the 94th percentile). By density, at about 861 people per square mile, it ranks 600th in Texas. The population moved by about 1,460 people between 2020 and 2023, a 22.3% shift.

Compare personal loan offers Run the numbers first

How we get paid: if you apply through the link above, a lending partner may send us a referral fee. It never changes the rate you are offered or what we publish. We are not a lender and we do not process applications. The lowest rates are only available to the most qualified applicants. Full disclosure.

Common questions

What are my options in Decatur if my credit is poor?
Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Decatur is the same as anywhere in Texas.
What loan size can I expect in Decatur?
Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.
Do I have to pledge anything to borrow in Decatur?
For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.
Does comparing loans in Decatur cost me credit score points?
Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

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