6 Surprising Facts About A McKinney Payday Loan

When you're in need of fast cash in McKinney, Texas, a payday loan could be the solution you didn’t know you needed. Unlike traditional loans that can take days to process and may have a long list of requirements, McKinney payday loans offer a quicker, more straightforward option to get the cash you need—often in as little as 30 minutes! If you're considering borrowing, here are six surprising facts that make Texas Car Title and Payday Loan Services, Inc. the go-to choice for payday loans in McKinney.

Check Out Some Important Facts About Payday Loans

1. McKinney Payday Loans Have Few Requirements Than Traditional Loans

When you think of borrowing money, most people immediately think of their local bank. Unfortunately, personal loans from a bank often require a high credit score, sufficient credit history, and a low debt-to-income ratio, excluding many applicants. A payday loan in McKinney, TX with us comes with a short requirement list.

With a driver’s license or state-issued photo ID, your most recent paystub, and a blank check from an active checking account in your name, most people can apply with us to see if they qualify for approval. At Texas Car Title and Payday Loan Services, Inc., we work with all types of clients to try to get them the financial help that they are looking for.

2. You Can Get Up To $1,200

At Texas Car Title and Payday Loan Services, Inc., we offer a payday loan in McKinney, TX for up to $1,200 depending on your needs and documentation. Sometimes an unexpected expense can put your budget in the red, but you can easily use this amount to pay off an urgent bill, cover emergency travel expenses, and pay for pressing auto and home repairs that can’t wait.

3. Quick Application Process – Only 30 Minutes!

At most traditional banks, applying for a personal loan could take up to a week to be finalized. They will often come back asking you for more information, generally giving you a headache in the meantime. For a McKinney payday loan from us, that is not the case. In as little as 30 minutes you could find out if you are approved for your loan and get the money on the same day.

4.  Bad Credit? No Problem!

An estimated 11% of Americans have a poor FICO credit score, and another 30% have scores below 700. Many with low scores have paid off past debts, opened a new credit line, or are recovering from bankruptcy a few years ago. Traditional lenders do not consider these factors and instead dismiss many applicants below a certain score threshold.

Texas Car Title and Payday Loan Services, Inc., however, is not one of them. We know that there’s more to a person than just their credit score, so we welcome people with all types of credit scores to apply. Our approval decision is based on multiple factors and will also consider your employment and other elements.

5. Same-Day or Next-Day Cash

An application for a payday loan in McKinney, TX can be processed at any of our McKinney, Texas payday loan store locations in as little as a day, with some borrowers receiving cash the same day they get approved. And if you don’t get your cash the same day you find out you are approved, you will get it the next bank business day at the latest.

6. No Collateral Required

There are those types of loans that require you to put up some item as collateral to secure the money. With a McKinney payday loan, that is not the case. This loan is considered an unsecured loan because you do not need to have collateral. So if you were worried about not having anything to put up, you don’t have to! We will not ask for any collateral for this loan.

Why Choose Texas Car Title and Payday Loan Services, Inc.?

At Texas Car Title and Payday Loan Services, Inc., we pride ourselves on making the loan process as seamless and stress-free as possible. Whether you're dealing with an emergency or simply need a little extra cash to get by, our McKinney payday loans can provide the quick relief you need. The application process is easy, the approval is fast, and the funds are ready to use almost immediately.

Apply for Your McKinney Payday Loan Today!

Don’t let financial stress hold you back. If you need fast, reliable cash, a McKinney payday loan from Texas Car Title and Payday Loan Services, Inc. could be the solution. Simply fill out our online form or give us a call, and we’ll guide you through the process. One of our friendly representatives will be happy to help with any questions and schedule a convenient time for you to finish your application at the nearest McKinney location.

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.