Personal loans in Balmorhea, TX

The roughly 384 people who live in Balmorhea borrow under Texas rules; city hall sets no personal-loan rate. Balmorhea is one of 1,224 Census places in Texas; its 384 residents put it at 1,041st.

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.

From the 2020 Census base to the 2023 estimate, the population declined by about 4.7%. Verify the lender's Texas licence against the regulator named below before borrowing in Balmorhea. A larger market lies at Town of Pecos, TX about 31 miles away. Consumer lending that reaches Balmorhea's 384 residents is governed by Texas statute; no city ordinance changes it.

Borrowing in Balmorhea: the local picture

Two layers matter for a Balmorhea borrower: the local population picture and Texas's consumer-lending statutes.

How a Balmorhea personal loan is priced

Balmorhea is a small community of about 384 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 Balmorhea can be quoted different APRs on the same amount and term. The term you choose in Balmorhea decides the split between a comfortable payment and the total interest you pay.

Lender access in Balmorhea

Balmorhea is moderately settled, with about 749 people per square mile and 3 larger places within 50 miles. A Texas licence lets a lender serve Balmorhea without a local office, so branch density does not change what its 384 residents are offered. For a larger market, the closest option is Town of Pecos, TX about 31 miles away.

Texas rules behind a Balmorhea personal loan

When Texas does not publish a figure, the row links to the source instead of inventing a number; Balmorhea is bound by the same rules.

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 Balmorhea sits in Texas

Among Texas's 1,224 places, Balmorhea sits at 1,041st for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Balmorhea ranks 1,190th of 1,224 in Texas (about the 3th percentile). At about 749 people per square mile, Balmorhea is the 679th most densely settled place in Texas. By land area, its 0.5 square miles rank 1,144th of 1,224 places in Texas.

Land, water and location for Balmorhea

Balmorhea's land area is roughly 0.5 square miles, and the Gazetteer records no significant water area within it. Spread across it are roughly 749 residents per square mile. The state's population centre of gravity, Houston, is roughly 505 miles away. A 50-mile radius around Balmorhea takes in 3 places that are larger. The 100-mile radius contains 14 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 Balmorhea 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 Balmorhea is the same as anywhere in Texas.
What loan size can I expect in Balmorhea?
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 Balmorhea?
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 Balmorhea 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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