Personal loans in Forsan, TX

Population in Forsan dropped about 4.9% over the three years from 2020 to 2023. The roughly 215 people who live in Forsan borrow under Texas rules; city hall sets no personal-loan rate.

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

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.

About 215 people live in Forsan, placing it 1,147th of 1,224 Census places in Texas. A larger market lies at Big Spring, TX about 11 miles away. When Texas caps or restricts a product, lenders either change the terms or withdraw it from Forsan as from the rest of the state. Read the disclosure for an origination fee and any prepayment penalty before signing in Forsan.

Local context for Forsan

Here is the sourced Census picture for Forsan, plus the Texas lending rules that apply to a loan taken out here.

The Texas lending rules that reach Forsan

For the roughly 215 residents of Forsan, the rules below are Texas's own; each row carries its publisher and retrieval 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

A pre-application checklist for Forsan

Complete these steps first when you borrow in Forsan (215 residents):

  1. Get all three reports, dispute anything wrong, and keep the corrected file for your applications.
  2. Test your amount and term in the personal loan calculator first.
  3. Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
  4. Check the Texas regulator's records to confirm the lender is licensed here.
  5. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  6. Borrow only what the purpose requires, not the maximum you are offered.
  7. Be clear on what the loan is for and how it gets repaid.

In Forsan as elsewhere in Texas, the written terms — not the advertisement — are what count for its 215 residents.

Where Forsan sits in Texas

Among Texas's 1,224 places, Forsan sits at 1,147th for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Forsan ranks 1,194th of 1,224 in Texas (about the 2th percentile). At about 739 people per square mile, Forsan is the 688th most densely settled place in Texas. In land area, Forsan ranks 1,203rd among Texas's 1,224 places.

Getting a loan in Forsan

At roughly 739 people per square mile, Forsan is moderately settled; 9 larger places lie within 50 miles. What is available to Forsan's 215 borrowers is set by Texas licensing and your own credit, not by how many branches are nearby. The nearest larger city, Big Spring, TX about 11 miles away.

Forsan on the map

Forsan's land area is roughly 0.3 square miles, and the Gazetteer records no significant water area within it. That land carries about 739 people per square mile. For the state's biggest city, Houston, the distance is roughly 389 miles. A 50-mile radius around Forsan takes in 9 places that are larger. The 100-mile radius contains 58 larger places.

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 Forsan 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 Forsan is the same as anywhere in Texas.
What loan size can I expect in Forsan?
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 Forsan?
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 Forsan 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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