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

Company nameAddressZip codePhone number
AFC Automotive Finance Corp. 200 Callaghan Rd, San Antonio, TX 78227 +1 (210) 434 - 7822
KJC Auto Title Loans 3302 Avenue H, Rosenberg, TX 77471 +1 (281) 725 - 6389
Texas Car Title & Payday Loan Services, Inc. 12817 Aldine Westfield Rd, Houston, TX 77039 +1 (281) 227 - 7600
Action Credit, San Antonio 2 941 S General McMullen Dr 103, San Antonio, TX 78237 +1 (210) 845 - 1161
Insta-Cash Pawn 3 1203 E Grand Ave, Marshall, TX 75670 +1 (903) 935 - 6666
CashMax Title & Loan 3117 Kemp Blvd, Wichita Falls, TX 76308 +1 (940) 692 - 2274
Cash For Titles 905 S Buchanan St, Amarillo, TX 79101 +1 (806) 372 - 6839
ACE Cash Express 1101 N Cage Blvd #1a, Pharr, TX 78577
ACE Cash Express 1500 E Court St Ste 104, Seguin, TX 78155 +1 (830) 379 - 3223
Postel Family Credit Union 1300 Broad St, Wichita Falls, TX 76301 +1 (940) 761 - 8600

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in May, TX, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in New Braunfels, TX, Payday Loans in North Richland Hills, TX, Payday Loans in Odessa, TX, 24-Hour Loan in Pasadena, TX, Short-term Loans in Pearland, TX, Short-term Loans in Pflugerville, TX, Payday Loans in Pharr, TX and Guaranteed Loans in Plano, 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 May, TX.

Are Payday Loans Legal In May, 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

May, TX payday loan calculator

Payday Loans in May, Texas: A Comprehensive Guide

Are you in need of some extra cash to make ends meet? If you live in May, Texas, you may be considering taking out a payday loan. These loans are legal in Texas and can be a helpful option for those who need short-term financial assistance. However, it’s important to understand the ins and outs of payday loans before you apply for one. Read on to learn more about payday loans in May, Texas.

What are payday loans?

Payday loans are short-term loans that are typically due on the borrower’s next payday. These loans are usually for small amounts, typically between $100 and $1,000. Many payday lenders do not require a credit check, making them a popular option for those with poor credit or no credit history.

How do payday loans work?

When you apply for a payday loan, you’ll need to provide proof of income and a valid form of identification. Most lenders require borrowers to have a checking account as well. If you’re approved for the loan, the lender will typically deposit the funds directly into your bank account within one business day.

On the due date, the lender will automatically withdraw the loan plus any fees directly from your checking account. If you do not have enough money in your account to cover the payment, you may face additional fees and penalties.

What are the fees for payday loans?

Payday loans can be expensive due to their high fees and interest rates. In Texas, lenders are allowed to charge up to 10% of the loan amount in fees. For example, if you borrow $500, you may be required to pay $50 in fees. In addition to fees, payday loans also come with high interest rates that can add up quickly if you’re unable to repay the loan on time.

What are the risks of payday loans?

Payday loans can be a risky option for borrowers because of their high fees and short repayment terms. If you’re unable to repay the loan on time, you may face additional fees and penalties, which can make it even harder to pay off the loan. This can create a cycle of debt that is difficult to escape.

In addition, some payday lenders have been known to use aggressive and deceptive tactics to collect payments from borrowers. These lenders may threaten to take legal action or even have borrowers arrested if they do not make their payments on time.

Interesting facts or statistics about Payday loans in May, Texas

  • According to a study by the Center for Responsible Lending, the average payday borrower in Texas pays $840 in fees for a $300 loan.
  • In Texas, the average payday loan is for $468 and has an average term of 18 days.
  • The number of payday lenders in Texas has increased significantly in recent years, from around 1,500 in 2006 to over 3,500 in 2018.

Apply Now

If you’re in need of a payday loan in May, Texas, TheGuaranteedLoans can help connect you with potential lenders. Simply fill out our online application and we’ll match you with lenders who may be able to offer you a loan. Please note that TheGuaranteedLoans is a connector service, not a direct lender, and we do not make credit decisions or guarantee loan approval.

Remember, payday loans can be an expensive option, so be sure to carefully consider your options and only borrow what you can afford to repay.

Conclusion

Payday loans can be a helpful option for those who need short-term financial assistance, but they come with risks. Be sure to carefully consider your options and only borrow what you can afford to repay. If you’re considering a payday loan in May, Texas, TheGuaranteedLoans can help connect you with potential lenders. Apply now and take the first step towards getting the financial assistance you need.

F.A.Q.

What is the maximum amount I can borrow through a payday loan in May, Texas?

The maximum amount that can be borrowed through a payday loan in May, Texas is $1,000.

What is the interest rate on payday loans in May, Texas?

The interest rate on payday loans in May, Texas is determined by the lender. The maximum allowable interest rate is set by state law at 661% APR.