Payday loans are legal in Texas! In fact, the popularity of payday loans has increased greatly in the last 10 years. The demand has increased, and simultaneously, the number of lenders has risen. If you need emergency cash loans in Texas, they are available.
Texas online payday loans are here to relieve your emergency cash needs. We specialize in online payday loans and refer you to over 100 direct lenders so you can get the cash you need when you need it.
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Maximum Number of Outstanding Loans at One Time: Not Specified by law but there is a $500 aggregate loans outstanding balance cap.
Rollovers Permitted: None (but in certain circumstances, the loan can be converted to a declining balance installment note).
Collection Fees: Lenders can charge a late fee of 5% of payment or $7.50, whichever is higher.
Criminal Action: Prohibited unless fraud or forgery can be proved.
Online payday loans in Texas are available 24/7 every day of the year. It is important to note that holidays and weekends have lower approval rates for those requesting a loan and that Texas payday loans online are normally funded in 1 business day (this excludes weekends and holidays).
Avoid driving around trying to find storefronts when you can pick up your smartphone and request a loan in 1-3 minutes. We provide a fast, safe, and secure process that gets you an answer fast!
The process at FaaastCash is designed to be quick and easy, and it’s fully designed to protect your privacy and sensitive data.
Applying for a payday loan is a straightforward process. To qualify, you
Most lenders will also want you to supply other information to confirm your identity, and the loan request form usually has questions regarding your employment, income, and personal information.
When applying online, you will have to provide your checking account and routing numbers, as well. This allows your lender to deposit any approved funds into your bank account and debit payments when your loan is due.
There is no cap on the number of payday loans you can have in Texas. However, you should not take out more than one online payday loan at a time. Fees can add up quickly, and getting a second loan to pay the first is never a good idea.
In most cases, the answer is no. However, if you’re living off a steady pension, social security, disability, or other government benefits, you may qualify for an emergency cash loan because many lenders consider this regular income.