Fast Online Payday Loan [ ROUND ROCK ]
Possible types of loans:
- $100, $200, $300, $400, $500, $600, $700, $800, $900, 1000 dollars are emergency payday loans in Round Rock Texas USA, which are issued for a period of 1, 2, 3 or 4 weeks (until your next salaries).
- $1500, $2000, $2500, $3000, $3500, $4000, $4500, $5000 – Round Rock, TX installment loans that can be taken out for terms of up to 2 years (most often 1, 6, 9, 12 or 3 months).
To get fast online cash advances (payday or personal loans, short-term loans, fast cash) with instant approval in Round Rock, TX, USA, use our simple 5-minute application form! The money will be credited to your bank account within 24-48 hours (or faster) after approval.
Cash Advance Near Me :: Round Rock Texas Direct Lenders (list of offline stores and agencies nearby)
| Company | Address | Phone |
|---|---|---|
| Cash Store | 603 Louis Henna Blvd Ste B170, Round Rock, TX 78664 | +1 512-244-0024 |
| Mariner Finance | 115 Sundance Pkwy Ste 310, Round Rock, TX 78681 | +1 512-354-1869 |
| Atlas Credit Co. | 1701 S Mays St K, Round Rock, TX 78664 | +1 512-643-1385 |
| Check n Go | 206 W Main St Suite 104, Round Rock, TX 78664 | +1 512-238-1904 |
| Western Finance | 1205 Round Rock Ave #127, Round Rock, TX 78681 | +1 512-238-1006 |
| Sun Loan Company | 1736 N Mays St, Round Rock, TX 78664 | +1 512-733-9617 |
About Small Loans in Round Rock Texas
Minimum Requirements for a Payday Loan in Round Rock, TX
The requirements to qualify for a payday loan in Round Rock are generally minimal, which contributes to their accessibility. While individual lenders may have slight variations, you can typically expect to need the following:
- Age and Identity: You must be at least 18 years old. You will need to provide a valid, government-issued photo ID, such as a Texas driver’s license or state ID card, to verify your identity and age.
- Proof of Income: Lenders need assurance that you have a source of funds to repay the loan. This is usually verified with recent pay stubs, but bank statements showing direct deposits or documentation for other regular income (like Social Security or pensions) may also be accepted.
- Active Bank Account: An active checking account in your name is almost always mandatory. The lender will use this account to deposit the loan funds and, most importantly, to electronically withdraw the repayment amount on the agreed-upon date.
- Contact Information: You must provide a valid phone number, a verifiable address, and often an email address.
- Social Security Number: You will be required to provide your Social Security Number for the application process.
Terms of Short-Term Loans in Round Rock, Texas, USA
The terms for payday loans in Round Rock are defined by Texas state law, specifically under the title of “Credit Access Businesses” (CABs). This regulatory model is different from most other states and leads to significantly higher costs for borrowers. It’s vital to read every detail of the agreement before signing.
- Maximum Loan Amount: Texas law does not set a specific maximum loan amount. Loan sizes are typically based on your income and can often range from $100 to $1,000 or more.
- Fees and Finance Charges: This is the most critical area to understand. Texas does not cap the fees and interest that Credit Access Businesses can charge. Instead of a simple fee structure, you will encounter:
- Finance Charge: A fee for the provision of credit, which can be very high.
- Interest: The lender may also charge interest on the principal amount.
- Annual Percentage Rate (APR): The combined cost of the finance charge and interest is expressed as an APR. APRs for payday loans in Texas routinely exceed 500% and can easily reach into the 600%+ range. For example, a $500 loan could cost over $150 in fees and interest for a single two-week term.
- Loan Term: The standard term is usually aligned with your next pay date, often 14 to 30 days. However, some lenders may offer different term lengths.
- Repayment and Rollovers: If you cannot repay the loan in full on the due date, Texas law allows lenders to offer an extension or “rollover.” However, this involves paying additional fees and interest on the original principal, dramatically increasing the total cost of borrowing and creating a dangerous cycle of debt.
- No Cooling-Off Period: Unlike some states, Texas law does not provide a right to cancel the loan agreement after signing without penalty.
