Payday Loans in Galena Park, 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 Galena Park, TX. Consider companies in other cities:

Company nameAddressZip codePhone number
Del Rio Loan Co 701 S Main St, Del Rio, TX 78840 +1 (830) 775 - 8535
Texan Credit Corporation 1724 Ave M, Hondo, TX 78861 +1 (830) 426 - 2723
Security Finance 1125 N Velasco St, Angleton, TX 77515 +1 (979) 848 - 3430
Hill Country Lending 1010 N Main St, Boerne, TX 78006 +1 (830) 331 - 9152
Sun Loan Company 4310 7th St 300, Bay City, TX 77414 +1 (979) 244 - 2354
World Finance 2209 S Bridge St Ste 700, Brady, TX 76825 +1 (325) 597 - 1091
World Finance Corporation 214 S St Marys St, Falfurrias, TX 78355
Cooperative Teachers Credit Union 1424 W SW Loop 323, Tyler, TX 75701 +1 (903) 561 - 2603
Extraco Banks Copperas Cove 1003 U.S. Hwy 190, Copperas Cove, TX 76522 +1 (254) 200 - 3600
Security Finance 1105 W Dickinson Blvd, Fort Stockton, TX 79735 +1 (432) 336 - 7581

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Galena Park, TX, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Euless, TX, Payday Loans in Farmers Branch, TX, Bad Credit Loans in Flower Mound, TX, Online Loans in Fort Worth, TX, Short-term Loans in Friendswood, TX, Guaranteed Loans in Frisco, TX, Payday Loans in Galveston, TX and Payday Loan for Garland, 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 Galena Park, TX.

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

77547

Are Payday Loans Legal In Galena Park, 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

Galena Park, TX payday loan calculator

Payday Loans in Galena Park, Texas

Are you struggling to pay your bills and make ends meet until your next paycheck arrives? If so, a payday loan might be the solution you need. In Galena Park, Texas, payday loans are legal and widely available from a variety of lenders. However, it is crucial to understand the risks and responsibilities involved before taking out a payday loan.

How Payday Loans Work

A payday loan is a short-term loan designed to cover immediate expenses until your next paycheck. You can typically borrow up to $1,000, and the repayment period is usually 14 days or until your next paycheck.

Here’s how it works: You write a post-dated check for the loan amount plus fees or authorize the lender to withdraw the funds from your bank account on the due date. If you cannot repay the loan on time, you can extend it for an additional fee.

What Are the Risks?

While payday loans can provide financial relief, they come with significant risks and costs. The high interest rates and fees can trap you in a cycle of debt, making it difficult to pay off your loan and cover your other expenses.

The Consumer Financial Protection Bureau (CFPB) reports that the average payday loan borrower takes out 10 loans per year and pays $458 in fees. This means that borrowers often pay more in fees than the amount they borrowed.

Moreover, if you cannot repay your loan on time, you may face additional fees, penalty charges, and even legal action. This can result in damage to your credit score, making it harder for you to qualify for other types of loans in the future.

What Are the Legal Requirements?

In Galena Park, Texas, payday loans are legal with certain legal requirements. A payday lender must be licensed by the Office of Consumer Credit Commissioner (OCCC) and must follow Texas payday loan laws, including:

  • A maximum loan amount of $1,000 or 25% of your gross monthly income, whichever is less
  • A maximum interest rate of 10% of the loan amount
  • A maximum loan term of 180 days

It is essential to ensure that your payday lender complies with these laws to avoid additional fees and legal problems.

Apply Now

If you have decided that a payday loan is the right choice for you, TheGuaranteedLoans can help connect you with potential lenders who can meet your needs. As a connector service, we do not lend any money, but we can facilitate your loan application process by matching you with lenders who can provide you with the cash you need.

To apply, simply complete our online application form, and we will send your request to our network of lenders. If approved, you could receive your funds as soon as the next business day.

Interesting Facts and Statistics About Payday Loans in Galena Park, Texas

  • According to the OCCC, there were 2,332 payday lenders licensed in Texas as of September 2021.
  • The average payday loan in Texas is $470 with a 14-day repayment period.
  • In 2020, Texans paid $1.7 billion in payday and auto title loan fees, according to a report by Texas Appleseed.
  • A survey by the Center for Public Policy Priorities found that, in 2019, 30% of Texas households reported using a payday or auto title loan.

Final Thoughts

While payday loans can provide financial relief, they also come with significant risks and costs. Therefore, it is essential to understand the legal requirements, risks, and responsibilities before taking out a payday loan.

If you need assistance finding the right lender, contact TheGuaranteedLoans today. We connect borrowers with potential lenders and help them find the best loan options for their financial needs.

F.A.Q.

Can I extend my payday loan in Galena Park, Texas?

Yes, you may be able to extend your payday loan in Galena Park, Texas if you are unable to repay it on time. This is commonly known as rolling over the loan, and it may involve additional fees and charges. It is important to carefully consider the potential consequences of extending your payday loan before deciding to do so.

Are payday loans in Galena Park, Texas regulated by the state government?

Yes, payday loans in Galena Park, Texas are regulated by the state government. This includes restrictions on the maximum amount you can borrow, the maximum loan term, and the fees and charges that lenders are allowed to charge.