Payday Loans in Meadow, Texas

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

Company nameAddressZip codePhone number
World Finance 1009 S College Ave, Levelland, TX 79336 +1 (806) 897 - 1126
Cash Store 2110 State Highway 16 S, Graham, TX 76450
Southwest Heritage Credit Union 2809 John Ben Shepperd Pkwy, Odessa, TX 79762 +1 (432) 367 - 8993
TitleMax Title Loans 5060 River Oaks Blvd, River Oaks, TX 76114 +1 (817) 378 - 0355
Midwest Finance Corp 600 S Gregg St, Big Spring, TX 79720 +1 (432) 263 - 1353
Pinnacle Bank 220 E US 287, Midlothian, TX 76065 +1 (469) 672 - 8100
Falls County Check Cashing 117 Williams St, Marlin, TX 76661 +1 (254) 804 - 0042
Zip Cash 300 W Main St, Brenham, TX 77833 +1 (979) 251 - 9055
Security Finance 1509 N 16th St, Orange, TX 77630 +1 (409) 883 - 9555
Auto Finance Locators 350 N Sam Houston Pkwy E 275, Houston, TX 77060 +1 (281) 820 - 2000

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Meadow, TX, you can try to find different companies in big cities near by. Check out the following pages here: Short-term Loans in Pasadena, TX, Payday Loans in Pearland, TX, Payday Loans in Pflugerville, TX, Quick Loan in Pharr, TX, Payday Loans in Plano, TX, Same Day Loans in Port Arthur, TX, Payday Loan Companies in Richardson, TX and Payday Loans in Rockwall, 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 Meadow, TX.

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

79345

Are Payday Loans Legal In Meadow, 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

Meadow, TX payday loan calculator

Understanding Payday Loans in Meadow, Texas

Living in Meadow, Texas, and facing a financial emergency? Payday loans might be the solution you’re looking for. Payday loans are short-term lending options designed to assist individuals in covering unexpected expenses, especially during emergencies. However, before applying for a payday loan, you need to understand the regulations governing payday loans in Meadow, Texas.

Are Payday Loans Legal in Texas?

Yes, payday loans are legal in Texas, but they come with restrictions. In the state of Texas, payday loans are regulated by the Texas Office of Consumer Credit Commissioner (OCCC).

It’s important to note that payday lenders must be regulated and licensed by the state of Texas. Various regulations govern the issuance of payday loans in Texas, including limitations on loan amounts, maximum finance charges, and repayment periods.

The Benefits of Payday Loans in Meadow, Texas

Payday loans offer numerous benefits to individuals facing financial emergencies. Unlike traditional loans that require extensive processing and approval periods, payday loans are designed to offer quick access to cash, allowing you to cover unexpected expenses without any delays.

Additionally, payday loans in Meadow, Texas, are accessible to individuals with poor credit scores. Traditional lending institutions such as banks and credit unions often deny loans to individuals with bad credit scores, but payday lenders only require proof of employment and bank statements for approval.

Another benefit of payday loans in Meadow, Texas, is the flexibility they offer in repayment periods. Lenders typically offer a repayment period of two to four weeks, depending on the loan amount. Additionally, some lenders allow borrowers to extend their loan repayment periods, with some loans having extended periods of up to six months.

The Risks of Payday Loans in Meadow, Texas

While payday loans offer a quick solution to financial emergencies, it’s essential to understand the risks involved. The loans come with high-interest rates, with the maximum interest rate for payday loans in Meadow, Texas, currently set at 662.60% APR. This high interest rate can make it challenging to repay the loan, especially since payday loans are short-term loans.

Additionally, taking out multiple payday loans can lead to a cycle of debt, with borrowers struggling to repay their loans and asking for extensions or taking out additional loans.

Interesting Facts and Statistics About Payday Loans in Meadow, Texas

  • According to Texas Appleseed, approximately one out of every 10 Texans has taken out a payday loan.
  • Payday loans in Texas often have an APR of over 500%, making them one of the most expensive loan types available.
  • In 2020, payday lenders in Texas made over 10 million loans, resulting in $24 billion in loan volume.
  • Payday loan borrowers in Meadow, Texas, aged 18 to 29, make up 35% of the total number of borrowers.

Apply Now and Get the Help You Need

Are you in need of a payday loan in Meadow, Texas, to cater to your emergency needs? TheGuaranteedLoans can connect you with potential lenders who offer quick access to payday loans. Our network of lenders includes regulated and licensed payday lenders in Texas, ensuring that you receive your loan within the shortest time possible.

Remember, payday loans are designed to offer quick access to cash during emergencies. It’s essential to understand the risks involved before taking out a payday loan, such as high-interest rates and potential cycles of debt. However, with the appropriate knowledge and responsible borrowing habits, payday loans are an effective solution to short-term financial emergencies.

F.A.Q.

Is it possible to get a payday loan in Meadow, Texas with bad credit?

Yes, it is possible to get a payday loan in Meadow, Texas with bad credit. Most payday lenders do not require a credit check, so your credit score will not affect your eligibility for a loan. However, you may still be required to provide proof of income and other information to qualify for a payday loan.

How do I apply for a payday loan in Meadow, Texas?

To apply for a payday loan in Meadow, Texas, you will typically need to visit a payday lender in person and provide proof of income, a valid ID, and an active checking or savings account. Some lenders may also allow you to apply online or over the phone. It is important to carefully review the terms and conditions of any payday loan before agreeing to borrow.