Installment Loans in Texas
Are you encountering money problems and have to get a loan fast? If you're interested in getting an online installment loan, then contact our team right away.
Perhaps you need expert help in getting an online loan in Texas. Maybe you're searching for a reputable lender in Texas. If you are having a hard time paying your bills or handling other financial burdens and have to borrow money fast, consider Texas installment loans.
When people in Texas who are struggling with financial issues want to get a loan fast, they turn to our company for help. We are a reputable lender in Texas and our company has been around for years. We have an established history of meeting the needs of individuals who are experiencing financial difficulties and want to borrow money.
Emergency or urgent cash needs like auto breakdown, roof damage or high medical bills can really lead to frustration. Situations like these can be resolved once you get access to an installment loan online from a reliable lender in Texas.
We provide high-quality financial solutions to individuals in Texas who need to borrow money fast. Our team works with our customers in Texas to ensure that they obtain the money they need quickly. Our professionals are highly knowledgeable and experienced in all aspects of financial services and are fully committed to assisting people in Texas to obtain a cash loan without hassles.
When it comes to getting a loan for an emergency or urgent financial matter, it's crucial that you take appropriate steps to ensure a great outcome. Let our professionals walk you through the entire process of getting a fast cash loan in Texas to meet your financial needs. We have been rendering services for years and we know how to get you approved fast.
Before you start the process for getting, it's imperative that you have a good understanding of how installment loans Texas work and what benefits they offer to Texas residents who are low on cash and have to take out a loan to resolve their financial issues immediately.
Understanding Installment Loans in Texas
It is crucial to understand that you can obtain Texas installment loans online if you have a way of paying back the money. Many people who are cash-strapped and have to borrow money quickly prefer to get Texas online installment loans to handle the issue. As long as you meet our requirements, you can get installment loans Texas. Getting an installment loan online is a quick way to handle many financial issues, especially during an urgent or unforeseen situation.
Numerous people in Texas enlist the services of our team to get the cash they need to address emergency matters. Our company makes it very easy to get a loan so people in Texas can take care of their pressing financial burdens.
Applying for Installment Loans in Texas
The procedure for applying for a Texas installment loan online has been designed to be efficient and convenient for residents of Texas. Our loan agents always contact prospective borrowers during the process of installment loans application, so the initial step is to provide some basic contact information in our system.
After this step is completed, you will receive an instant installment loan estimate, informing you of how much money is potentially waiting for you. Lastly, one of our representatives will contact you, answer any remaining questions you have, and finalize the process.
Ready To Apply?
There will be unforeseen situations or other types of urgent financial matters where you find it tough to get money in a hurry. No matter how prepared a person is, unexpected issues can occur at any time and can put you in a difficult situation. During tough times, installment loans Texas provide the best solution.
Just take a couple of minutes to fill out the Texas installment loans application we've provided here on our site and your loan money can be available to you within a few hours.
If you have any questions about our installment loans, give us a call right away. We're here to help.
Requirements to Apply
- Age requirement: You have to be 18 years or older to be apply.
- A checking account: You must have an active checking account.
- Living in the USA: Only permanent residents and/or citizens of the USA can be approved for a loan.
- Documented income: Evidence of a documented income will be needed to be approved.
State Regulatory Agency
Texas Regulatory Agency Contact Information:
- Office of Consumer Credit Commissioner Texas
- Finance Commission Building
- 2601 N. Lamar Blvd.
- Austin, Texas 78705
- Phone: 512.936.7600
- Fax: 512.936.7610
Legal Regulations for Texas Installment Loans
- Statute Citation: Consumer Loans: Title 4, Subtitle B, Chapter 342
- Regulator: Office of Consumer Credit Commissioner
- Interest and Permissible Fees: 342.201 - Add on interest of $18 per year for loan of $300 or less is permitted, $8 per year on loan of $301- $2,500; 30% APR for loans up to $500, 24% APR on loans of $501-$1,050, 18% APR on loans of $1,051- $2,500; $25 administrative fee for loans exceeding $1,000 and $20 for loan less than $100; default charge after 10 days of $.05 per $1.00.
- Texas Average APR: 699%
- Maximum Loan Amount: $2,500
Credit Counseling Information
Personal installment loans should not be used as a long-term financial solution. They are geared for short-term financial needs only. A customer with credit difficulties should look into credit counseling. For more information, please see below:
- National Foundation for Credit Counseling: www.nfcc.org
- Consumer Credit Counseling Services: www.credit.org/credit/
- The Credit Counseling Professionals: www.consumercredit.com
- Credit Counseling Services: www.consolidatedcredit.org
Example of Installment Loans Terms and Repayment
- Loan Amount - $500
- Biweekly Payment - $85
- Duration in weeks - 26
- Total Due - $1,105
- APR - 360%
- Loan Amount - $1,000
- Biweekly Payment - $132
- Duration in weeks - 52
- Total Due - $3,432
- APR - 328%
- Loan Amount - $2,000
- Biweekly Payment - $258.29
- Duration in weeks - 34
- Total Due - $4,390.93
- APR - 275%