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

Company nameAddressZip codePhone number
First Cash Advance 13005 Josey Ln, Farmers Branch, TX 75234 +1 (972) 241 - 4743
Excel Finance 613 N Mechanic St, El Campo, TX 77437 +1 (979) 543 - 6490
EZ Money 410 E Main St, Uvalde, TX 78801
EZ Loan Services 1805 US-83, Crystal City, TX 78839
Mariner Finance 707 S Beckham Ave, Tyler, TX 75701 +1 (903) 535 - 5005
My Community Credit Union 4037 E 42nd St, Odessa, TX 79762 +1 (432) 688 - 8400
Texas Car Title & Payday Loan Services, Inc. 2702 34th St, Lubbock, TX 79410 +1 (806) 797 - 4400
ACE Cash Express 1402 E Milam St #700, Mexia, TX 76667
Del Rio Loan Co 701 S Main St, Del Rio, TX 78840 +1 (830) 775 - 8535
Star of Texas Financial Solutions 1715 S Mays St C, Round Rock, TX 78664 +1 (512) 200 - 7315

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Dike, TX, you can try to find different companies in big cities near by. Check out the following pages here: Bad Credit Loans in Midland, TX, Payday Loans in Mission, TX, Payday Loan for Missouri City, TX, Short-term Loans in Nacogdoches, TX, Payday Loan Companies in New Braunfels, TX, Payday Loans in North Richland Hills, TX, Payday Loan Without a Credit Check in Odessa, TX and Bad Credit Loans in Pasadena, 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 Dike, TX.

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

75437

Are Payday Loans Legal In Dike, 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

Dike, TX payday loan calculator

Payday loans have become increasingly popular throughout Texas, including in smaller communities like Dike. These short-term, high-interest loans can help residents of Dike get the funds they need in a pinch, but it’s important to understand the risks and potential disadvantages before signing on the dotted line.

What Are Payday Loans?

Payday loans are a type of short-term loan that typically have a term of 14 days to one month. They are designed to provide borrowers with quick access to cash when they need it most, often with no credit check required.

In Dike, Texas, payday loans are legal under state law. This means that residents of the town can apply for and receive payday loans from licensed lenders with no legal issues.

Risks and Disadvantages of Payday Loans

While payday loans can be helpful in the right circumstances, they come with significant risks and downsides that borrowers should be aware of before taking out a loan.

High Interest Rates

One of the biggest downsides of payday loans is the high interest rates they come with. These loans often carry an APR of 400% or more, meaning that borrowers can end up paying back significantly more than what they initially borrowed.

Short Repayment Terms

Payday loans are also typically due on the borrower’s next payday, which means that they have a very short repayment term. This can make it difficult for borrowers to pay back the loan on time and can result in expensive rollover fees.

Potential for Debt Trap

Finally, many borrowers can end up stuck in a debt trap with payday loans. This happens when they continually take out new loans to pay off old ones, racking up high interest rates and fees in the process.

Facts and Statistics About Payday Loans in Dike, Texas

According to data from the Texas Office of Consumer Credit Commissioner, there were 162 licensed payday loan storefronts in Texas as of September 2020. While there is no data available specifically for Dike, it’s likely that there are several payday loan locations in or near the town.

Additionally, the data shows that the average payday loan in Texas is $470, with an average term of 14 days. The average APR for these loans is 659%, which means that borrowers end up paying back significantly more than what they initially borrowed.

Applying for a Payday Loan in Dike, Texas

If you’re considering taking out a payday loan in Dike, it’s important to do your research and find a licensed lender that you can trust. You should also carefully read through the loan terms and conditions before signing anything.

If you’re ready to apply for a payday loan, TheGuaranteedLoans can help. As a connection service, we work with a network of trusted lenders to help you find the best loan for your needs. Simply fill out our online application form to get started today.

Remember, be sure to only borrow what you can afford to pay back and don’t get caught in a debt trap.

F.A.Q.

What information do I need to provide when applying for a payday loan in Dike, Texas?

When applying for a payday loan in Dike, Texas, borrowers will typically need to provide proof of income, a valid government-issued ID, and proof of a checking account. Lenders may also require additional information, such as references or proof of residence.

How long does it take to receive the funds from a payday loan in Dike, Texas?

If the borrower is approved for a payday loan in Dike, Texas, the funds are typically deposited into their checking account within one business day. However, the exact timeline may vary depending on the lender and the borrower's individual circumstances.