Personal loans in Groom, TX

Census figures put the 2020-to-2023 decrease in Groom at about 0.5%. For a community of about 549, the practical step is to compare APR across at least three lenders before committing. The closest larger place is White Deer, TX about 16 miles away. When Texas caps or restricts a product, lenders either change the terms or withdraw it from Groom as from the rest of the state.

Borrowing in Groom: the local picture

Set out below is Groom's local context next to the state-level rules that reach every lender here.

• Population: 549 people, a figure that places Groom 952nd among the 1,224 Census places in Texas (US Census Bureau, Vintage 2023).
• Population trend: Lower by roughly 0.5% since the 2020 count.
• Net change: roughly 3 fewer people than the 2020 Census counted.
• Size percentile: with 549 residents, Groom is larger than about 22% of Texas's Census places.
• Land and density: 0.7 square miles of land carry roughly 738 residents per square mile.
• Land area: Groom covers 0.7 square miles, the 1,080th-largest area among Texas's 1,224 places.
• Share of state population: Groom's 549 residents are about 0.0% of Texas.
• National rank: Groom is 12,780th of 19,457 places nationwide.
• Growth rank: Groom's 2020-to-2023 change ranks 923rd of 1,224 places in Texas.
• State comparison: Texas's places average +6.5% for 2020-to-2023, against Groom's 0.5%.
• Density rank: Groom is the 689th most densely settled place in Texas.
• Density vs Texas: Groom's 738 people per square mile compare with a state median of 840.
• Location: coordinates 35.2077, -101.1055 (US Census Bureau Gazetteer).
• Nearest larger cities: White Deer (16 mi); Claude (16 mi); Panhandle (18 mi); Clarendon (22 mi); Pampa (25 mi). Lenders licensed in the state serve Groom whether or not they keep a local branch.
• Smaller places nearby: Howardwick (16 mi); Lefors (23 mi); Skellytown (25 mi).
• Within a 50-mile radius: 10 smaller Census places.
• Larger places within 100 miles: 52.

Groom on the map

Groom covers about 0.7 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. Spread across it are roughly 738 residents per square mile. The state's population centre of gravity, Houston, is roughly 501 miles away. A 50-mile radius around Groom takes in 15 places that are larger. By land area it ranks 1,080th of 1,224 Texas places.

How lenders reach Groom

Groom is a moderately settled community of about 549 people, with 15 larger places inside a 50-mile radius. Lenders licensed in Texas reach Groom's 549 residents online, so the nearest branch is not what sets your APR. The nearest larger city, White Deer, TX about 16 miles away.

How Groom compares across Texas

Among Texas's 1,224 places, Groom sits at 952nd for population, a share of roughly 0.0% of the state. For population change between 2020 and 2023, Groom ranks 923rd of 1,224 in Texas (about the 25th percentile). By density, at about 738 people per square mile, it ranks 689th in Texas. Between 2020 and 2023 the count changed by roughly 3 residents.

A pre-application checklist for Groom

A sensible order of operations for a loan in Groom, home to about 549 people:

1. Start with the credit file: order the reports, fix the errors, then apply.
2. Price the payment first with our personal loan calculator before any lender quotes you.
3. Line up several pre-qualified offers and let the APR decide.
4. Make sure the lender appears in the Texas regulator's licence list.
5. Weigh a shorter term's higher payment against the interest it saves.
6. Borrow only what the purpose requires, not the maximum you are offered.
7. Write down the purpose of the loan and your repayment plan before you apply.

What differs between Groom and the rest of Texas is not the process but the borrower's own file, among the 549 people here.

The Texas lending rules that reach Groom

For the roughly 549 residents of Groom, the rules below are Texas's own; each row carries its publisher and retrieval date.