- Payday loans in Pilot Point follow Texas law (Texas Finance Code chapter 393 (Credit Access Businesses)).
- Texas law sets no cap on payday loan fees, so prices vary widely by lender.
- The nearest larger city is Celina, about 10 miles away.
Pilot Point at a glance
| Pilot Point | |
|---|---|
| Population (2024 Census estimate) | 6,771 |
| Change since 2020 | +53.3% (growing fast) |
| Counties | Cooke County, Denton County and Grayson County |
| Size rank among 1,127 Texas places we cover | 324th |
| Nearest larger city | Celina (about 10 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in these counties | 3 |
| Other towns within 25 miles | 44 (about 1,244,313 residents) |
| Typical payday APR statewide (CRL 2023) | 662% |
Payday lending in Pilot Point follows Texas state law. Lenders that serve Pilot Point, in a store or online, must be licensed by the Texas Office of Consumer Credit Commissioner (OCCC).
Credit unions near Pilot Point
No credit union has its main office in Pilot Point, but these are based elsewhere in Cooke County (NCUA, June 2026):
- 4u Federal Credit Union in Gainesville (federal charter — may offer payday alternative loans (PALs))
- Datcu Credit Union in Denton (state charter)
- Texoma Educators Federal Credit Union in Sherman (federal charter — may offer payday alternative loans (PALs))
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Need $100–$1,000 before payday?
- One free request, many lenders
- Bad credit and benefit income considered by many lenders
- See the APR and total cost before you sign
PaydayEase is not a lender. Requests go to lenders in our network; approval, rates and terms are set by the lender. Rates & fees
Payday loan rules that apply in Pilot Point
The main Texas rules for a payday loan in Pilot Point: how it works: most payday and title loans are arranged by licensed Credit Access Businesses (CABs) with a third-party lender; fees: cAB fees are not capped by state law, which is why Texas has some of the highest APRs in the country; licensing: each CAB location must be licensed by the OCCC. See the full Texas payday loan rules.
Many Texas cities have their own rules for credit access businesses, such as limits on loan size and renewals. Ask the lender whether Pilot Point has one, or contact the city.
What a $300 loan costs in Pilot Point
The Center for Responsible Lending put the typical APR on a $400 payday loan in Texas at 662% (June 2023). Texas law sets no cap on payday loan fees, so prices vary widely by lender. Check any offer with our payday loan calculator.
Other help in Cooke County before you borrow
- Call or text 211 for help with rent, utilities and food in Cooke County.
- Ask a federal credit union about a PAL: $200–$2,000 at no more than 28% APR (how PALs work).
- Check your bank app for a small-dollar loan or early pay (bank options).
- Try a cash advance app if you have direct deposit (apps compared).
Towns near Pilot Point
The nearest larger city is Celina, about 10 miles away. See all 1,127 Texas cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Pilot Point?
Yes. Payday loans are legal in Pilot Point under Texas state law, and lenders must be licensed by the Texas Office of Consumer Credit Commissioner (OCCC).
How much does a payday loan cost in Pilot Point?
Texas law sets no cap on payday loan fees, so prices vary widely by lender. The typical statewide APR was 662% in 2023.
Where is the nearest credit union to Pilot Point?
No credit union is headquartered in Pilot Point, but 4u Federal Credit Union is based in Gainesville, also in Cooke County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Texas OCCC — Credit access businesses
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary