Personal loans in Matador, TX

Matador counts about 546 people, and what is genuinely local about borrowing here is limited — Texas law does the governing. Matador lost roughly 3.7% of its population across the 2020-to-2023 comparison.

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.

With an estimated 546 residents, Matador is the 956th-largest of 1,224 places in Texas. Price two or three terms so you can see which payment is truly affordable in Matador. Rate ceilings, licensing requirements and product limits for Matador are all set at the Texas level. The nearest larger metro is Floydada, TX about 30 miles away.

Matador: the sourced local profile

Most of what governs a Matador loan is written in Texas law rather than in the city; the sourced notes below make that split concrete.

The anatomy of a Matador personal loan

In Matador, a small community of about 546, the amount is advanced up front and repaid in fixed installments; the city's size does not change the pricing. Federal Truth in Lending rules require a Matador lender to disclose the APR and finance charge before you sign. The term you choose in Matador decides the split between a comfortable payment and the total interest you pay.

Land, water and location for Matador

Matador covers about 1.3 square miles of land (Census Gazetteer); no significant water area is recorded inside its boundaries. With 546 residents, the land area yields roughly 419 people per square mile. The state's population centre of gravity, Houston, is roughly 432 miles away. Within 50 miles of Matador there are 10 larger Census places. By land area it ranks 914th of 1,224 Texas places.

Texas rules behind a Matador personal loan

Below are the Texas rules that apply to a loan made in Matador, 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

Matador's place among Texas's 1,224 places

Set beside Texas's 1,224 places, Matador ranks 956th by population and holds about 0.0% of the state total. For population change between 2020 and 2023, Matador ranks 1,144th of 1,224 in Texas (about the 7th percentile). By density, at about 419 people per square mile, it ranks 949th in Texas. By land area, its 1.3 square miles rank 914th of 1,224 places in Texas.

What is available to Matador borrowers

Matador is a lightly settled community of about 546 people, with 10 larger places inside a 50-mile radius. Lenders licensed in Texas reach Matador's 546 residents online, so the nearest branch is not what sets your APR. The nearest larger city, Floydada, TX about 30 miles away.

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 Matador 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 Matador is the same as anywhere in Texas.
What loan size can I expect in Matador?
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 Matador?
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 Matador 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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