Personal loans in Caddo Mills, TX

Caddo Mills is one of 1031 cities we cover in Texas. Consumer lending in Texas is supervised at state level, and the rules differ from those in neighbouring states. State licensing is also how you can check that a lender is legitimate before you share your details. Start with the payment, then check the total interest: a longer term lowers the monthly figure but raises what you pay overall. We do not invent rates or market data: any figure on this page either comes from you or is cited to a regulator.

Lenders serving Caddo Mills must be licensed under Texas rules.

What to know before you borrow in Texas

Interest rate cap (usury limit)Usury limit: 10% max (Tex. Fin. Code § 302.001); 6% when rate not otherwise specified (Tex. Fin. Code § 302.001 (2019)). Finance rates and fees for licensed lenders: Chapter 342, Subchapter E add-on rate: Loan amount up to $2,130: $18 per $100 per year Above $2,130 up to $17,750: $8 per $100 per year Sub. E alternative rate: Any loan amount: 18% simple interest rate Sub. E three-tiered rate: Loan amount up to $3,550: 30% simple interest rate Amount above $3,550 up to $7,455: 24% simple interest rate Amount above $7,455 up to $17,750: 18% simple interest rate Sub. F add-on rate Loan amount above $100 up to $1,420: $4 per $100 per month (Rate bracket amounts adjusted annually).Source: Conference of State Bank Supervisors · as of 2026
Consumer lending regulatorConsumer lenders in Texas are licensed and supervised by the Texas Office of Consumer Credit Commissioner.Source: Conference of State Bank Supervisors · as of 2026
Debt collection rulesThird-party debt collectors must comply with the federal Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692 et seq.; state consumer-protection and debt-collection enforcement is handled by the Texas Office of the Attorney General.Source: Texas Office of the Attorney General · as of 2026
Military lending protectionsThe federal Military Lending Act (MLA) caps the Military Annual Percentage Rate (MAPR) at 36% for consumer credit extended to active-duty service members, their spouses and certain dependents, and bars mandatory arbitration and prepayment penalties on covered loans.Source: Consumer Financial Protection Bureau · as of 2024

See all Texas lending rules →

Compare offers in Caddo Mills

Use the APR calculator if an offer quotes an interest rate and a separate fee - the APR is the number that lets you compare it fairly with other offers.

Then check affordability with the debt-to-income calculator before you submit an application.

Compare personal loan offers in Caddo Mills

Check your rate with a lending partner in about two minutes. Checking does not affect your credit score.

Check your rate

We may be paid a commission if you apply through this link. This does not affect our calculators or guides, which are free and independent.

Frequently asked questions

Should I use a personal loan to consolidate debt in Caddo Mills?

Consolidation can simplify repayments and may lower the interest you pay, but only if you stop adding new balances. Compare the consolidation rate with your current average rate before deciding.

What if I am denied a loan in Caddo Mills?

Ask the lender for the reason, check your credit report for errors, and consider a credit union or a smaller loan. A denial is not permanent, and a nonprofit credit counsellor can help you plan.

Can I get a personal loan in Caddo Mills, Texas?

Personal loans are offered in Caddo Mills by banks, credit unions and online lenders, subject to Texas licensing rules and the lender's own criteria. There is no city-level restriction; eligibility depends on your credit, income and the lender.

What credit score do I need for a personal loan in Caddo Mills?

Lenders do not publish a single cutoff, and it varies by lender. A higher score generally means a lower rate. Checking pre-qualification usually involves a soft credit pull that does not affect your score.

Nearby cities

Helpful guides