Payday Loans in Douglassville, Texas

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No payday loan companies in Douglassville, TX. Consider companies in other cities:

Company nameAddressZip codePhone number
World Finance 305 Center Ave, Brownwood, TX 76801 +1 (325) 643 - 2274
Woodforest National Bank 831 Highway 59 South, Cleveland, TX 77327 +1 (281) 659 - 1005
Advance America 1400 N County Rd W, Odessa, TX 79763 +1 (432) 332 - 5625
Texan Credit Corporation 700 Dixie Dr ste b, Clute, TX 77531 +1 (979) 299 - 1043
check n go, Check n Go Store Directory 1824 N Velasco St, Angleton, TX 77515 +1 (979) 849 - 3209
Cash Store 105 S, Cesar Chavez Rd Ste 5, San Juan, TX 78589 +1 (956) 781 - 8086
Barri Office 408 E Zavala St, Crystal City, TX 78839 +1 (830) 374 - 5873
Stockton Finance Nc 333 W Illinois Ave 9, Midland, TX 79703 +1 (432) 694 - 9824
Extraco Banks College Station Lending Office 2205 Longmire Dr Suite C, College Station, TX 77845 +1 (979) 823 - 8810
Security State Bank & Trust 832 Front St, Comfort, TX 78013 +1 (830) 995 - 4488

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Douglassville, 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 Waxahachie, TX, Payday Loan Without a Credit Check in Weslaco, TX, Online Loans in Wichita Falls, TX, Payday Loans in Wylie, TX, Bad Credit Loans in Abilene, TX, Payday Loans in Allen, TX, Payday Loans in Amarillo, TX and Payday Loans in Arlington, 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 Douglassville, TX.

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

75560

Are Payday Loans Legal In Douglassville, 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

Douglassville, TX payday loan calculator

Payday Loans in Douglassville, Texas: Everything You Need to Know

Payday loans are a type of short-term loan that can help you bridge the gap between paychecks or cover unexpected expenses. These loans are typically easy to apply for, with minimal credit requirements and a fast approval process.

In Douglassville, Texas, payday loans are legal and regulated by the Texas Office of Consumer Credit Commissioner (OCCC). If you’re considering taking out a payday loan in Douglassville, it’s important to understand the regulations and requirements.

How Payday Loans Work

Payday loans are designed to be a short-term solution to financial problems. They typically have high interest rates and fees, and must be repaid in full on your next payday.

To apply for a payday loan, you’ll need to provide proof of income and a checking account. The lender will then determine the amount you qualify for, and the fees and interest you’ll be charged.

If you’re approved, you’ll typically receive the funds within a day or two. You’ll then be required to repay the loan, plus interest and fees, on your next payday. If you’re unable to repay the loan on time, you may be charged additional fees or interest, and the loan may be extended.

Regulations and Requirements

In Douglassville, Texas, payday loans are legal and regulated by the OCCC. The OCCC provides a variety of consumer protections for payday loan borrowers, including:

  • Interest and fees that must be disclosed in advance
  • Limitations on the amount you can borrow
  • Restrictions on the number of loans you can take out
  • Requirements for lenders to be licensed and follow specific lending practices

In order to qualify for a payday loan in Douglassville, Texas, you’ll need to meet certain requirements. These may include:

  • Being at least 18 years old
  • Having a steady income
  • Providing proof of a checking account
  • Providing a valid ID

It’s important to read and understand the terms of any payday loan you’re considering, and to only borrow what you can afford to repay. While payday loans can be a useful tool in some situations, they can also lead to a cycle of debt if not used responsibly.

Interesting Facts and Statistics

Did you know that the average payday loan borrower in Texas takes out eight loans per year, with an average loan amount of $470? And according to a study by the Center for Responsible Lending, the typical Texas payday borrower will pay back $840 for a $300 loan.

Other interesting facts about payday loans in Texas include:

  • Payday lending originated in Texas in the 1990s
  • Texas has the highest average payday loan interest rates in the nation, at 662%
  • In 2018, Texans took out 10.8 million payday loans, totaling $4.2 billion in loan volume

Apply Now

If you’re in need of a payday loan in Douglassville, Texas, TheGuaranteedLoans can help connect you with potential lenders. Simply fill out our online application, and we’ll work to find you a lender that meets your needs. Remember, we’re a connector service, not a direct lender, and we’re committed to helping you make informed financial decisions.

Apply now and take the first step towards getting the funds you need to cover your unexpected expenses.

F.A.Q.

Are payday loans legal in Douglassville, Texas?

Yes, payday loans are legal in Douglassville, Texas. The Texas Office of Consumer Credit Commissioner regulates the payday lending industry in the state.

How much can I borrow with a payday loan in Douglassville, Texas?

The maximum amount that can be borrowed with a payday loan in Douglassville, Texas is $500. However, lenders may not lend more than 20% of the borrower's gross monthly income or 25% of their net income.