Personalloaner

Texas lending rules

Personalloaner covers 1,224 Census places in Texas, which together hold an estimated 22,006,049 people. Licensed lenders set personal-loan terms here under Texas law, and the sourced rules below reach every borrower in the state.

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.

Key rules for borrowers in Texas

RuleDetailSource
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

Places we cover in Texas

The Census Bureau counts 1,224 places in Texas, and the largest are linked below.

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

How high can interest rates legally go in Texas?
The answer turns on the product and on which statute applies to it. This page's table sets out Texas's usury cap and licensing rules, and each row carries its publisher and a link to the primary source.
What is Texas's position on payday lending?
Each state handles payday lending on its own: some permit it, some cap it, some prohibit it. The sourced row on this page gives Texas's current position.
How do I know a lender is licensed in Texas?
Consumer lenders generally need a licence issued by the state regulator identified on this page. Verify that licence with the regulator before you commit to anything.

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