How Much Can I Get For A Payday Loan In Texas?

May 10, 2021 | Daniel Dewitt

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If you’re in a pinch and need to get cash together on short notice, then it’s definitely worth looking into payday loans. Payday loans are a quick, easy – and most importantly – accessible way of getting the cash you need to deal with time-sensitive emergencies like medical bills, car breakdowns, or overdue bills.

The process of getting a payday loan in Texas is simple. Here’s everything you need to know about getting a payday loan in Texas.

Everything You Need To Know About Payday Loans In Texas

What Is The Maximum Amount For A Payday Loan In Texas?

When it comes to Texas, a payday loan at Texas Car Title and Payday Loan Services Inc. allows you the maximum amount of $1,200. That is a pretty decent amount when it comes to emergency expenses.

One thing to keep in mind is that this loan isn’t meant to permanently fix your finances or get rid of your debt. This loan is meant for emergency expenses you cannot handle on your own. It basically bridges the gap between pay periods when you cannot wait for your next paycheck to hit. These can be any expenses like medical bills, home repairs, vehicle repairs, or even late utility bills.

What Will I Need To Get A Payday Loan In Texas?

Getting a payday loan in Texas is easy because we don’t have many qualifying requirements – and what we do require is not too difficult to meet.

Here’s what you’ll be needing in order to get through our process:

  • A state-issued photo ID or a driver’s license – payday loan regulations across states prohibit minors from applying. And we are not allowed to take you at face value. You will need to provide us with a valid government-issued document verifying your identity and age since you must be at least 18 to qualify;
  • An active checking account in your name – you will need to provide us with a blank check from this account. Keep in mind that you won’t be able to use another person’s account, even if you get their permission, so if you haven’t used your account in a long time – make sure it’s up and running;
  • Proof of income – the loan isn’t a gift, it needs to be paid back. And as payday loans are unsecured loans – meaning there’s no need for a guarantee or collateral – we need to have some kind of assurance that you have the ability to pay the loan off. You will need to provide your most recent pay stub when you apply for a payday loan in Texas.

Once you meet these requirements and you have all the items in order, you can then begin the process to get yourself a payday loan. Just remember like with any loan, even if you meet the requirements, approval is not guaranteed.

 

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Can I Get A Payday Loan If My Credit Is Bad?

If bad credit kept you from applying, it doesn’t have to. Your credit history will not be an issue with us.

You don’t even have to worry about things like discharged bankruptcy, charge-offs, bounced checks, or other credit issues getting in your way of applying for a payday loan. We will not automatically turn you away just because your credit is bad.

In fact, not only can you apply if your credit is bad, but you can also apply even if your credit is downright nonexistent. Regardless of your credit, you still have a chance to get approved!

Does A Payday Loan Have A Negative Impact On My Credit?

Just like your bad credit doesn’t necessarily affect your chances of approval, your payday loan won’t impact your credit once you are repaying the loan. When you apply for a loan at Texas Car Title and Payday Loan Services Inc. you can rest assured that the loan will remain entirely between you and us.

Texas Car Title and Payday Loan Services Inc. doesn’t report our loans to any credit agencies if you default on your payments, so the loan won’t have any kind of impact on your existing credit – either negative or positive.

Can I Get A Payday Loan If My Income Is Irregular?

Providing your most recent pay stub as proof of income is required for a payday loan. If your paycheck comes irregularly – for example, you only get paid after you finish working on a project – talk to your local branch to find out about your options.

How To Get A Payday Loan In Texas

If you’ve got all your required items – your state-issued ID, your most recent pay stub, a blank check from an active checking account in your name – ready to go, then getting a payday loan should be easy.

Go to the Texas Car Title and Payday Loan Services, Inc. website to fill out the online form for payday loans. The form will automatically go to the nearest title and payday loans location. When the form gets processed, you’ll get a call from a loan representative who’ll set up a meeting with you at that location.

Take the required items to the meeting so that the loan representative can assess everything and determine if you qualify. If you do, you’ll finish the paperwork and get the cash right away! This could all take as little as 30 minutes. So get your emergency taken care of and fill out our online form.