Personal loans in Mercedes, TX

The nearest larger metro is Weslaco, TX about 5 miles away. Census figures put the 2020-to-2023 increase in Mercedes at about 2.9%. For the 16,732 people in Mercedes, Texas runs its own consumer-lending licensing, and the sourced table below lists the figures that apply. For a community of about 16,732, the practical step is to compare APR across at least three lenders before committing.

Borrowing in Mercedes: the local picture

Mercedes is a small town; the notes below cover its population profile and the statewide rules that apply.

• Population: about 16,732, ranked 175th of 1,224 places in Texas (Census Vintage 2023 subcounty estimate).
• Population trend: Growth of about 2.9% across the 2020-to-2023 comparison.
• People gained or lost: about 476 more since the 2020 base.
• Size percentile: about 86% of Texas's Census places are smaller than Mercedes.
• Density: roughly 1,418 residents per square mile, spread over 11.8 sq mi of land.
• Land area: Mercedes covers 11.8 square miles, the 186th-largest area among Texas's 1,224 places.
• Water area rank: Mercedes ranks 269th among Texas's 1,224 places, with 0.06 sq mi.
• Within Texas: about 0.1% of the state's population lives in Mercedes.
• National rank: Mercedes is the 2,181st most populous of the 19,457 Census places covered here.
• Growth rank: Mercedes's 2020-to-2023 change ranks 575th of 1,224 places in Texas.
• State comparison: Texas's places average +6.5% for 2020-to-2023, against Mercedes's 2.9%.
• Density in Texas: Mercedes ranks 311th by people per square mile.
• Against the state median: Mercedes runs about 1,418 residents per square mile, where the Texas median is 840.
• Location: it lies at 26.1538, -97.9129 in the Census Gazetteer.
• Nearest larger cities: Weslaco (5 mi); Donna (8 mi); Alamo (13 mi); Harlingen (14 mi); San Juan (15 mi). A branch is convenient; it is not what sets your APR.
• Nearest smaller towns: Progreso (5 mi); La Feria (5 mi); Progreso Lakes (7 mi).
• Within a 50-mile radius: 30 smaller Census places.
• Larger places within 100 miles: 13.

Lender access in Mercedes

With about 1,418 residents per square mile, Mercedes is moderately settled, and 12 larger Census places sit within 50 miles. What is available to Mercedes's 16,732 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 Weslaco, TX about 5 miles away.

Texas consumer-lending rules applied in Mercedes

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

A practical checklist for Mercedes borrowers

These steps shape the offer you get in Mercedes, a place of about 16,732 people:

1. Check all three credit reports for mistakes, because an error you fix now is a lower rate later.
2. Test your amount and term in the personal loan calculator first.
3. Shop at least three lenders and judge them on APR and total cost.
4. Make sure the lender appears in the Texas regulator's licence list.
5. Write down the purpose of the loan and your repayment plan before you apply.
6. If the balances are already a strain, seek nonprofit credit counselling before adding a loan.
7. Read the disclosure for an origination fee and any prepayment penalty before signing.

What differs between Mercedes and the rest of Texas is not the process but the borrower's own file, among the 16,732 people here.

Land, water and location for Mercedes

Mercedes covers about 11.8 square miles of land, with 0.06 square miles of water inside its boundaries (Census Gazetteer). With 16,732 residents, the land area yields roughly 1,418 people per square mile. For the state's biggest city, Houston, the distance is roughly 294 miles. Within 50 miles of Mercedes there are 12 larger Census places. Within the same 50 miles lie 30 smaller Census places.

The anatomy of a Mercedes personal loan

With roughly 16,732 residents, Mercedes is a small town; its personal loans are typically unsecured, priced from your credit rather than the city's size. The APR tracks your credit score rather than Mercedes's rank of 175th in Texas: a strong file may earn a single-digit rate, while damaged credit can push the rate far higher. Because the payment is fixed, the total cost of a Mercedes loan is knowable in advance — unlike a revolving card balance.