Payday Loans in Goldsmith, 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 Goldsmith, TX. Consider companies in other cities:

Company nameAddressZip codePhone number
Wells Fargo Bank 207 E Main St, Madisonville, TX 77864 +1 (936) 348 - 3571
Lone Star Capital Bank 1108 Main St, Blanco, TX 78606 +1 (830) 833 - 4587
Cliff's Check Cashing 14 318 S Hampton Rd, Dallas, TX 75208 +1 (214) 946 - 4044
BB&T 22171 Westheimer Pkwy, Katy, TX 77450 +1 (281) 994 - 6384
EZ Money 1104 E Front St, Alice, TX 78332
RAPID A LOANS 116 Horizon Blvd, Socorro, TX 79927 +1 (915) 859 - 7774
TEXAS WARRANT LOANS 1717 S Pleasant Valley Rd, Austin, TX 78741 +1 (512) 478 - 1653
Security Finance 317 Lott St, Yoakum, TX 77995 +1 (361) 293 - 2336
Insco Insurance 3100 E US Hwy 377, Granbury, TX 76049 +1 (817) 573 - 1930
DolEx Dollar Express 1516 E Abram St, Arlington, TX 76010 +1 (888) 246 - 2527

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Goldsmith, TX, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Huntsville, TX, Payday Loan Companies in Hurst, TX, Short-term Loans in Irving, TX, Quick Loan in Keller, TX, Payday Loans in Killeen, TX, Payday Loans in Kyle, TX, Payday Loans in La Porte, TX and Payday Loan for Lancaster, 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 Goldsmith, TX.

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

79741

Are Payday Loans Legal In Goldsmith, 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

Goldsmith, TX payday loan calculator

Understanding Payday Loans in Goldsmith, Texas

Payday loans can be an effective solution to financial emergencies when you’re short on cash and need to cover unexpected expenses. In Goldsmith, Texas, payday loans are legal, making them easily accessible for residents who need them. Despite this accessibility, it’s essential to understand how payday loans work and what to consider before taking out a loan.

How Payday Loans Work

Payday loans are short-term loans designed for individuals who need quick cash to cover unexpected expenses. You’ll typically get your loan amount in cash or through a deposit in your bank account, depending on the lender’s preference.

The loan repayment term in Texas is typically between seven and thirty-one days, so you’ll be expected to repay the loan during your next paycheck cycle. Additionally, the loan must not exceed 20% of the borrower’s gross monthly income, and multiple loans are not allowed at the same time.

Interest rates on payday loans in Goldsmith, Texas, can vary depending on the lender and the terms of the loan. You can expect to pay a fee ranging from $10-30 per $100 borrowed. This fee may seem high compared to more traditional loans, but it’s important to keep in mind the convenience and accessibility of payday loans in an emergency.

The Pros and Cons

Payday loans are a fast way to get cash in an emergency. However, they are not a long-term solution for financial problems. Here are some pros and cons of payday loans to consider before taking one out.

Pros:

  • Fast access to cash when you need it most, often within 24 hours
  • Less stringent eligibility criteria compared to traditional loans
  • No credit check required

Cons:

  • High fees and interest rates compared to traditional loans
  • Short repayment terms, which can lead to a cycle of debt if you’re unable to repay the loan on time
  • Risk of falling into predatory lending schemes if you’re not aware of your legal rights

Interesting Statistics

According to the state of Texas, about 75% of payday loan borrowers take out multiple loans, while 10% of borrowers take out ten or more loans per year. This highlights a cycle of debt that can trap borrowers in a financial trap.

However, it’s important to note that payday loan regulations have significantly tightened in Texas over the past few years to prevent predatory lending. The state has implemented limits on loan amounts, fees, and interest rates to reduce the likelihood of borrowers trapping themselves in a cycle of debt.

Apply Now

If you’re thinking of applying for a payday loan in Goldsmith, Texas, TheGuaranteedLoans can help connect you with potential lenders in the area. Our easy-to-use online application matches you with lenders based on your eligibility, and the loan terms will be displayed for you to review. Remember, TheGuaranteedLoans is a lender connection service and not a direct lender.

Before applying for a payday loan, ensure that you understand the terms and conditions of the loan, including eligible fees and interest rates. If possible, consider alternative options such as a personal loan or borrowing from a friend or family member.

The Bottom Line

Payday loans can be a useful solution to unexpected expenses when used responsibly. However, they are not a long-term solution for financial problems, and it’s important to understand the risks and benefits before taking one out. Remember to always read the terms and conditions carefully and to only apply for a loan if you know you can repay it on time.

F.A.Q.

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

No, borrowers are free to use the funds from a payday loan in Goldsmith, Texas for any purpose. However, it is important to remember that these loans should only be used for short-term financial emergencies and not for long-term financial planning.

What are the consequences of defaulting on a payday loan in Goldsmith, Texas?

If a borrower defaults on a payday loan in Goldsmith, Texas, the lender may pursue collection efforts, including contacting the borrower's employer, contacting third-party debt collectors, or taking the borrower to court. Defaulting on a payday loan can also have a negative impact on the borrower's credit score.