How Much Can I Get For Online Installment Loans In Texas?

October 12, 2021 | Mason Roberts

get online installment loans texas

Online installment loans Texas are quickly becoming one of the popular loan options in the state these days. More and more burrowers eschew complicated bureaucratic bank procedures in favor of quicker access to a loan option that requires simple effort.

But while online installment loans Texas are certainly appealing, you do need to learn a few things about how installment loans work to determine if they fit your specific needs.

Here’s everything you need to know about the online installment loans Texas Car Title and Payday Loan Services, Inc. offers.

How Much Money Do Online Installment Loans in Texas Provide?

The maximum cash amount you can get with online installment loans Texas Car Title and Payday Loan Services, Inc. offers is up to $1,500. This is the maximum amount for installment loans a new customer can get approved for in the state of Texas as a whole.

What Determines The Maximum Loan Amount?

The maximum cash amount you can qualify for with online installment loans Texas mainly depends on the proof of income and checking account statement you provide as a part of your qualifying documents.

Installment loans are a type of unsecured fast loans. This means you don’t need to provide Texas Car Title and Payday Loan Services, Inc. with any type of collateral to get approved. But since this leaves the lender’s own assets unprotected for the duration of your loan payoff, the lender approves you through a process of calculated risk.

The calculated risk depends on your proof of income in combination with the checking account statement, giving the lender a picture of your ability to make payments towards the loan. Based upon these documents, the loan representative you’ll be working with will determine the terms of the loan, including how much money you can get.

requirements for online installment loans texas

Am I Eligible For Online Installment Loans in Texas?

As long as you can provide the few required items for Texas online installment loans, you should be able to qualify for a loan from Texas Car Title and Payday Loan Services, Inc. Our qualifying terms are few and designed in a way to welcome all possible clients.

You’ll need:

  • A valid identifying document proving you’re over 18 – either a state-issued ID or driver’s license.
  • Proof of income – most commonly (but not necessarily) your last pay stub.
  • A statement from an active checking account in your name.

Texas Car Title and Payday Loan Services, Inc. welcomes clients with all types of incomes and credit situations. This means that as long as you can provide the items listed above and they satisfy our standards, you have a chance to be approved regardless of what your credit history looks like. 

I’m Unemployed. Can I Qualify For Online Installment Loans Texas?

Texas Car Title and Payday Loan Services, Inc. doesn’t require you to be employed to approve you for an installment loan. What you are required to provide is proof of income.

While providing your most recent pay stub as proof of income is customary, if you’re currently unemployed, between gigs, or employed on a non-standard basis and don’t get regular paychecks, you can still get approved for the loan.

You will need to inform the loan representative you’ll be working with about this during the initial phone call. They will be able to inform you of alternative options that would be acceptable, as well as the documentation you would need to provide.

As an example, unemployment benefits, workers’ compensations, welfare benefits, alimonies, pensions, and even savings have all been successfully used by our clients to get approved for installment loans.

Just make sure you have all the correct documentation as per the loan representative’s instructions. 

online installment loans texas

How Can I Get Installment Loans Online in Texas?

To get started, all you need to do is:

  • Fill out and submit the short Texas installment loan As soon as the form gets processed – it shouldn’t take more than a few minutes – you’ll get a call from our loan representative who’ll walk you through the required procedures and answer any questions you may have.
  • Take the required items (a state-issued ID, proof of income, and a statement from an active checking account in your name) to the meeting the representative sets up.
  • The representative will determine if you qualify for the loan and the amount you qualify for based upon your documents.
  • If you get approved, you’ll finish the paperwork then and there, and get the money you qualified for in your checking account on the next bank business day at the latest.

Qualify For Online Installment Loans Today

When you are in need of cash, you may not have the luxury of waiting days or weeks to receive it. With our online installment loans Texas, you could get up to $1,500 in less than a day. You can get started now by simply submitting the form listed above.