Personal loans in Sherman, TX

A lender serving Sherman holds a Texas licence and answers to a Texas regulator; no city office is involved for its 47,473 residents. Verify the lender's Texas licence against the regulator named below before borrowing in Sherman. When Texas caps or restricts a product, lenders either change the terms or withdraw it from Sherman as from the rest of the state. Borrowers who want a bigger city can look to McKinney, TX about 30 miles away.

Sherman by the numbers

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

• Population: 47,473 residents; Sherman is the 76th-largest of 1,224 places in Texas (US Census Bureau, Vintage 2023).
• Population trend: Up about 8.7% from the 2020 Census base to the 2023 estimate.
• People gained or lost: about 3,802 more since the 2020 base.
• Size percentile: bigger than about 94% of the places in Texas, with 47,473 residents in Sherman.
• Population density: about 1,022 people per square mile across 46.4 square miles of land (Census Gazetteer area, Vintage 2023 population).
• Land area rank: Sherman's 46.4 square miles rank 46th of 1,224 places in Texas.
• Water: Sherman holds about 0.08 square miles, the 250th-largest water area in Texas.
• Share of state population: Sherman's 47,473 residents are about 0.2% of Texas.
• Nationally: Sherman is the 838th-largest of 19,457 Census places in the dataset.
• Growth rank: Sherman ranks 269th among Texas's 1,224 places for the 2020-to-2023 change.
• State comparison: Texas's places average +6.5% for 2020-to-2023, against Sherman's 8.7%.
• Density rank: Sherman places 500th among Texas's places by people per square mile.
• Density vs Texas: Sherman's 1,022 people per square mile compare with a state median of 840.
• Location: coordinates 33.6286, -96.6267 (US Census Bureau Gazetteer).
• Nearest larger cities: McKinney (30 mi); Little Elm (35 mi); Frisco (35 mi); Allen (36 mi); Plano (41 mi). A branch is convenient; it is not what sets your APR.
• Nearest smaller towns: Knollwood (4 mi); Southmayd (5 mi); Dorchester (8 mi).
• Smaller neighbours: 110 places smaller than Sherman sit within 50 miles.
• Within 100 miles: 28 places are larger than Sherman.

Which Texas laws govern a loan in Sherman

Texas has no separate rate rule for Sherman; the sourced rows below are what reach every lender that serves its 47,473 people.

How lenders reach Sherman

At roughly 1,022 people per square mile, Sherman is moderately settled; 13 larger places lie within 50 miles. Distance to a branch rarely matters for Sherman's 47,473 residents: the application is online and the price follows your credit file. For a larger market, the closest option is McKinney, TX about 30 miles away.

Sherman against the rest of Texas

Within Texas, Sherman holds roughly 0.2% of all residents, the 76th-largest share among 1,224 places. Its 2020-to-2023 change ranks 269th of 1,224 Texas places, putting it near the 78th percentile for growth. At about 1,022 people per square mile, Sherman is the 500th most densely settled place in Texas. Between 2020 and 2023 the count changed by roughly 3,802 residents.

Inside a Sherman personal loan

Sherman is a smaller city of about 47,473 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 Sherman can be quoted different APRs on the same amount and term. A longer term lowers the monthly payment on a Sherman loan but raises total interest, so the smallest payment is not the cheapest loan.

Sherman: area, density and distance

The Census Gazetteer records 46.4 square miles of land and 0.08 square miles of water within Sherman. The resulting density is about 1,022 people per square mile. Houston, the largest place in Texas, is about 275 miles from Sherman. Within 50 miles of Sherman there are 13 larger Census places. Within the same 50 miles lie 110 smaller Census places.