Personal loans in Hemphill, TX

With roughly 1,033 residents, Hemphill is a small community, and the lending rules its borrowers live under are written in Texas, not by the city. From the 2020 Census base to the 2023 estimate, the population rose by about 0.4%.

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.

With an estimated 1,033 residents, Hemphill is the 789th-largest of 1,224 places in Texas. For a community of about 1,033, the practical step is to compare APR across at least three lenders before committing. Every figure below is Texas's own, applied to Hemphill's 1,033 residents, with the publisher and retrieval date attached. The closest larger place is San Augustine, TX about 20 miles away.

Hemphill by the numbers

What follows is Hemphill's place in the Census record, alongside the Texas rules that govern a personal loan made here.

Hemphill against the rest of Texas

Within Texas, Hemphill holds roughly 0.0% of all residents, the 789th-largest share among 1,224 places. For population change between 2020 and 2023, Hemphill ranks 812th of 1,224 in Texas (about the 34th percentile). By density, at about 407 people per square mile, it ranks 956th in Texas. The population moved by about 4 people between 2020 and 2023, a 0.4% shift.

What Texas law requires in Hemphill

Below are the Texas rules that apply to a loan made in Hemphill, each with the regulator that issued it.

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

How a Hemphill personal loan is priced

With roughly 1,033 residents, Hemphill is a small community; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Hemphill's rank of 789th in Texas: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. The term you choose in Hemphill decides the split between a comfortable payment and the total interest you pay.

A practical checklist for Hemphill borrowers

A sensible order of operations for a loan in Hemphill, home to about 1,033 people:

  1. Pull your credit reports first and correct any error before a lender sees the file.
  2. Test your amount and term in the personal loan calculator first.
  3. Get several pre-qualifications and compare APR side by side before choosing.
  4. Confirm the Texas licence with the regulator named above before committing.
  5. Check that the monthly payment fits your budget next to your existing obligations.
  6. Choose a term you can live with; stretching it lowers the payment but raises total interest.
  7. Keep the amount to the expense; an approval is not a reason to take more.

The process is identical across Texas; what changes is your credit file, not the fact that Hemphill holds 1,033 people.

How lenders reach Hemphill

Hemphill is a lightly settled community of about 1,033 people, with 14 larger places inside a 50-mile radius. What is available to Hemphill's 1,033 borrowers is set by Texas licensing and your own credit, not by how many branches are nearby. For a larger market, the closest option is San Augustine, TX about 20 miles away.

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

What are my options in Hemphill 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 Hemphill is the same as anywhere in Texas.
What loan size can I expect in Hemphill?
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 Hemphill?
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 Hemphill 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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