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

Company nameAddressZip codePhone number
Credit Recovery Group, Inc 8323 Southwest Fwy 708, Houston, TX 77074 +1 (832) 595 - 2526
Service Loan 709 W Davis St, Conroe, TX 77301 +1 (936) 703 - 5412
Richard's Pawn Shop 709 N Washington Ave, Livingston, TX 77351 +1 (936) 327 - 2448
Check n Go 1310 N Dallas Ave, Lancaster, TX 75134 +1 (972) 218 - 5156
Regional Finance 3301 E Rancier Ave Suite 103G, Killeen, TX 76543 +1 (254) 669 - 6137
Sun Loan Company 136 Pine Plaza Center, Silsbee, TX 77656
Charles Johnson Finance 615 N 1st St, Carrizo Springs, TX 78834 +1 (830) 876 - 3000
First Security State Bank 200 Bateman St, Meridian, TX 76665 +1 (254) 435 - 9955
ACE Cash Express 2123 US-90 BUS #2, Crosby, TX 77532
Quality Finance Co 2731 Montana Ave A, El Paso, TX 79903 +1 (915) 565 - 9300

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Boyd, TX, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Without a Credit Check in Pearland, TX, Payday Loan Companies in Pflugerville, TX, Bad Credit Loans in Pharr, TX, Payday Loans in Plano, TX, Payday Loan Companies in Port Arthur, TX, Payday Loans in Richardson, TX, Payday Loans in Rockwall, TX and No Credit Check Loans in Rosenberg, 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 Boyd, TX.

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

76023

Are Payday Loans Legal In Boyd, 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

Boyd, TX payday loan calculator

Understanding Payday Loans in Boyd, Texas

Payday loans are a type of short-term personal loan that helps people bridge the gap between paychecks. They are a popular option in Boyd, Texas when people need access to quick cash. In Texas, payday loans are legal and regulated by state law.

How Payday Loans Work?

Payday loans are easy to obtain. Unlike other traditional loans, payday loans don’t require collateral, and can be repaid over a short period, anywhere from two weeks to a month. To get a payday loan, the borrower must provide proof of income, an active bank account, and a government-issued ID. The amount of money that they would receive would be based on their income; they can borrow up to $1,000 to $1,500.

Once a borrower has received the payday loan funds, they will have to pay back the loan amount, plus any fees or interest, on their next payday. This is why they are called “payday loans.”

What are the Advantages of Payday Loans?

Payday loans offer a quick and easy way to get cash when you are in a tight spot. They have become increasingly popular due to the ease of getting a loan, with few requirements needed to qualify for the loan. In addition, payday loans can be applied online, making the borrowing process extremely convenient for those who cannot visit a physical store.

What are the Disadvantages of Payday Loans?

Payday loans come with high-interest rates and additional fees. If the loan is not paid back in full on time, the borrower can end up in a cycle of debt, with the interest and fees adding up quickly. This can cause the borrower to pay more in fees and interest charges than the original amount borrowed, leading to further financial difficulties. It is important to use payday loans as a last resort and only when you are sure that you can repay the loan on time.

The Texas State Law Regarding Payday Loans

In Texas, payday loans are regulated by the Texas Office of Consumer Credit Commissioner. This state agency ensures that payday lenders follow certain rules and regulations to protect consumers. Here are some of the requirements that payday lenders must abide by:

  • Payday loans may not exceed 20% of the borrower’s gross monthly income.
  • The maximum term for a payday loan is 180 days.
  • Payday loans cannot be refinanced or extended.
  • Lenders must provide a written disclosure of the loan terms, including the repayment plan and any fees and charges.

Interesting Facts and Statistics About Payday Loans in Boyd, Texas

  • As of 2021, there are over 3,500 payday lenders operating in Texas.
  • The average payday loan amount in Texas is $300.
  • Payday lending in Texas generates over $1 billion in revenue each year.
  • More than 80% of payday loans in Texas are renewed or rolled over.

Apply Now for a Payday Loan in Boyd, Texas

If you find yourself in need of a payday loan, TheGuaranteedLoans can help. We are a connector service that links borrowers with potential lenders for payday loans, title loans, and other types of personal loans. Our online application process is simple, easy, and secure. Best of all, we offer an almost instant response to your loan request.

Note: TheGuaranteedLoans is not a direct lender and does not make credit decisions. Rather, we facilitate connections between borrowers and lenders. We suggest borrowers read and understand the terms and conditions of any loan offer before accepting it.

Final Thoughts

Payday loans provide a quick solution to financial problems, but the high-interest rates and fees make them a risky option. Understanding the loan terms and the predatory nature of some payday lenders is essential for borrowers. With the right approach, a payday loan can be a valuable resource for people in Boyd, Texas who need access to quick cash. TheGuaranteedLoans can help make the process more accessible and easy.

F.A.Q.

What happens if I cannot repay my payday loan in Boyd, Texas on time?

If you are unable to repay your payday loan in Boyd, Texas on time, you may be charged late payment fees and your loan may be subject to collection actions. You may also be charged additional interest on any unpaid balances. It is important to contact your lender as soon as possible if you are unable to make your scheduled loan payments, so that they can work with you to find a solution.

Can I extend my payday loan in Boyd, Texas?

Yes, you may be able to extend your payday loan in Boyd, 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.