6 Surprising Facts About A McKinney Payday Loan

When it comes to a McKinney payday loan, there are certain facts you should know. These loans are different from traditional loans and are worth looking into if you need quick cash. And coming to Texas Car Title and Payday Loan Services, Inc. after reading these facts and benefits can help ensure the process is as simple as possible. Check out this guide now if you want to learn about payday loans.

Check Out Some Important Facts About Payday Loans

1. McKinney Payday Loans Have Few Requirements

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.

McKinney, Texas payday loan

3. You Could Apply In As Little As 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. You Can Still Qualify Even If With Bad Credit

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. You’ll Get Your Cash On The Same Day Or The Next

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. You Don’t Need To Have Any Collateral

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.

McKinney, TX payday loan cash

Get Your McKinney Payday Loan Today

Applying for a payday loan through Texas Car Title and Payday Loan Services, Inc. is quick and easy. First, you can either fill out the online form on our website or just give us a quick call. Either way, keep your phone nearby to answer a call from one of our representatives. They will answer any of your questions and coordinate your visit to the nearest office to help you finish the process.

Submit Your Inquiry Now!

Now that you know these facts, you are set to go. If you need money fast, a McKinney payday loan can put the money you need in your pocket right away. So take these facts and get yourself the payday loan in McKinney, TX you need right now. Fill out the online form or just give us a quick call to start our process.


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

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.