Payday Loans in Carbon, Texas

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Carbon, TX. Consider companies in other cities:

Company nameAddressZip codePhone number
Palestine Finance 310 W Oak St, Palestine, TX 75801 +1 (903) 723 - 7510
LendNation 1035 TX-123 Suite 103, San Marcos, TX 78666 +1 (512) 201 - 4370
America's Mortgage 1035 Dairy Ashford Rd, Houston, TX 77079 +1 (713) 771 - 1000
TFNB Your Bank for Life 510 N Valley Mills Dr 100, Waco, TX 76710 +1 (254) 840 - 2836
Loanstar Title Loans 2344 19th St, Lubbock, TX 79401 +1 (806) 747 - 9641
Community Loan Center Corporation 642 E Washington St, Brownsville, TX 78520 +1 (956) 356 - 6600
First United Bank 311 RR 2900, Kingsland, TX 78639 +1 (325) 388 - 6465
Atlas Credit Co., Inc. 2247 S Buckner Blvd 122, Dallas, TX 75227 +1 (214) 381 - 0790
Cash Pawn Fast 1209 Linda Dr, Daingerfield, TX 75638 +1 (903) 645 - 7296
Speedy Cash 4217 W Waco Dr, Waco, TX 76710 +1 (254) 752 - 1168

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Carbon, TX, you can try to find different companies in big cities near by. Check out the following pages here: Emergency Loan in Pasadena, TX, Payday Loans in Pearland, TX, Online Loans in Pflugerville, TX, 24-Hour Loan in Pharr, TX, Emergency Loan in Plano, TX, Payday Loans in Port Arthur, TX, Payday Loans in Richardson, TX and Payday Loan Without a Credit Check in Rockwall, TX. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Carbon, TX.

Payday Loans Available in Carbon, TX By The Following ZIP Codes:

76435

Are Payday Loans Legal In Carbon, Texas?

Loan Rates and Fees, Laws and Regulations in Texas.

Texas Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)662
Maximum Loan AmountNot Specified
Minimum Loan Term7 days
Maximum Loan TermVaries
Number of Rollovers Allowed0
Finance Charges>$30 => $1 for each $5 [$30 – $100] => 1/10 of the loan amount + $3 /mo (<$35) [$35 – $70] => $3.50/mo + $4/mo (>$70) >$100 => $10 + $4/mo for each $100

Carbon, TX payday loan calculator

Introduction

Payday loans, also known as cash advance loans, are a type of short-term loan that has been gaining popularity in Carbon, Texas. These loans are designed to help people cover unexpected expenses or emergencies between paychecks. While payday loans are legal in Texas, it is important to understand the regulations and guidelines surrounding these types of loans.

The Basics of Payday Loans in Carbon, Texas

Payday loans in Carbon, Texas typically range from $100 to $1,000 and are meant to be repaid in full by the borrower’s next paycheck, which is generally within two to four weeks. While payday loans provide immediate access to cash, the interest rates and fees associated with these loans can be extremely high, often exceeding 400%.

The Application Process

The application process for a payday loan in Carbon, Texas is relatively simple. Borrowers can apply online or in person at a payday loan store. The borrower will need to provide basic personal information and proof of income, which can be a paycheck stub or a bank statement.

The Pros and Cons of Payday Loans in Carbon, Texas

Pros:

  • Quick access to cash
  • Available to those with poor credit or no credit history
  • Easy application process

Cons:

  • High fees and interest rates
  • Can lead to a cycle of debt
  • May negatively impact credit score if not repaid on time

Regulations and Guidelines

Texas law requires that payday lenders be licensed and registered with the state. This helps protect consumers from fraudulent and predatory lending practices. The state also limits the amount of interest and fees that can be charged on payday loans.

Interest and Fees

In Texas, the maximum interest rate that can be charged on a payday loan is 10% of the loan amount. Lenders are also allowed to charge a verification fee of up to $5 and a loan origination fee of up to 20% of the loan amount.

Rollovers and Repayment

Borrowers in Texas are allowed to rollover their payday loan up to three times, but each time they must pay additional fees and interest. Texas law also requires payday lenders to provide borrowers with a repayment plan if they are unable to repay the loan in full by the due date.

Interesting Facts and Statistics

  • According to the Texas Office of Consumer Credit Commissioner, there were 2,131 licensed payday loan locations in Texas in 2020.
  • Although payday loans are legal in Texas, some cities have enacted their own regulations, such as limiting the number of payday lenders in certain areas.
  • The average payday loan amount in Texas in 2020 was $492, and the average APR was 411%.

Apply Now

If you need access to fast cash in Carbon, Texas, TheGuaranteedLoans can help connect you with a potential lender. Our online application process is quick and easy, and we match borrowers with lenders who can offer competitive rates and flexible repayment terms. Remember, TheGuaranteedLoans is a connector service and not a direct lender.

Conclusion

While payday loans can provide much-needed financial relief in times of need, it is important to thoroughly understand the terms and costs associated with these loans. By being aware of the regulations and guidelines in Carbon, Texas, you can make an informed decision about whether a payday loan is right for you.

F.A.Q.

What is the maximum amount I can borrow with a payday loan in Carbon, Texas?

The maximum amount you can borrow with a payday loan in Carbon, Texas is $1,000, with a maximum loan term of 6 months.

Are there any restrictions on how I can use the funds from a payday loan in Carbon, Texas?

You are free to use the funds from a payday loan in Carbon, Texas for any purpose, as long as it is legal. However, most payday loans are used to cover unexpected expenses or to bridge a financial gap until the borrower's next payday.