Compare short-term loans in Houston, Texas

Houston is one of a handful of Texas cities that has its own regulations on payday loans — in addition to state law. But with few restrictions on fees, don’t be surprised if it gets expensive.

Hide

Show

Editor's choice

OppLoans Installment Loans

Find out more Go to site

Can I get a payday loan in Houston?

You can. However, Houston is one of a number of Texas cities that has additional regulations on top of Texas state law. Here’s what you can expect in Houston:

• Maximum amount: 20% of your monthly income before taxes.
• Maximum APR: None.
• Maximum term for loans under $100: Six months per $10 borrowed.
• Maximum term for loans over $100: Six months per $20 borrowed.

On top of this, you also can’t refinance ore renew a loan more than three times. After that, you can’t take out another loan within seven days of paying off your loan.

Other short-term loans in Houston

In addition to payday loans, you can also get an installment loan or a title loan.

• Installment loans. Houston residents can pay off a short-term loan in up to four monthly installments with no option to renew.
• Title loans. Borrow up to 3% of your annual income before taxes or 70% of your vehicle’s current retail value by backing your loan with your car’s title.

Compare payday loans available in Houston

{"niche":"USFSL","state":"tx"}

Sort by:

Name	Product	Filter Values	Loan amount	Turnaround time	Requirements
OppLoans Installment Loans			$500 to $5,000	1 business day	Direct deposit, meet minimum income requirements, live in eligible state	Comes with the option to change your due date so you won’t fall behind on repayments.	Go to site More Info		loading Fetching your data...
CashNetUSA Loan			Varies by state	As fast as same business day	Regular source of income, bank account, US citizen or permanent resident, age of majority in your state	Sign up for its discount program to get access to coupons and deals on everything from dining out to tax services.	Go to site More Info		loading Fetching your data...
Fast5kLoans Short-term Loans Connection Service			$100 to $35,000	As soon as the next business day	Regular source of income, verifiable bank account, US citizen, ages 18+	Get connected with multiple lenders you might qualify with — even if you have bad credit.	Go to site More Info		loading Fetching your data...
Monevo Installment Loans			$500 to $100,000	Varies by lender	Credit score of 500+, legal US resident, ages 18+	Quickly compare multiple online lenders with competitive rates depending on your credit.	Go to site More Info		loading Fetching your data...
BadCreditLoans.com			$500 to $10,000	Varies	Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.	With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.	Go to site More Info		loading Fetching your data...
LendYou Short-term Loans			$100 to $2,500	Same business day to 1 business day	$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+	Get offers from potential lenders in minutes by filling out just one online form.	Go to site More Info		loading Fetching your data...
Brigit			Up to $250	Same business day to 2 business days	Have an active checking account	Have up to $250 automatically deposited into your account — for a $9.99 membership fee.	Go to site More Info		loading Fetching your data...
Possible Finance Mobile Installment Loans			Up to $500	As fast as 1 business day	Checking account with 3+ months of banking history, $750+ monthly income, live in eligible state, ages 18+	Borrow up to $500 with just a few swipes — but only for residents of 5 states.	Go to site More Info		loading Fetching your data...
Stilt			$1,000 to $25,000	2 to 3 business days	Be employed, have a US bank account, live in a state where Stilt operates, hold one of the following visas: F-1 and OPT, H-1B, H4, O-1, L-1, TN, J-1, DACA or be a US citizen.	No green card? You could still qualify for a personal loan.	More Info		loading Fetching your data...

loading

Compare up to 4 providers

Clear selection

Compare

What do I need to apply?

Though it varies by lender, you have to meet these eligibility criteria to get a payday loan in Houston:

• You’re at least 18 years of age
• You’re an American citizen or a legal resident of this country
• You have a steady source of income

To complete the application successfully you’ll also typically have to provide some basic personal information, including:

• Your name, residential address, email address and phone number
• Your date of birth, Social Security number and details from a valid form of ID such as your passport or driver’s license
• Details about your employment and income

Where to get a payday loan in Houston

Payday loan locations near me in Houston, TX

What are the costs of a cash advance in Houston?

There are two costs you need to consider when getting a cash advance in Houston: Interest and fees. Texas state law caps interest rates at 10% but doesn’t limit how much a lender can charge in fees. Houston doesn’t have any city laws limiting interest or fees.

Without limits on fees, the limit on interest doesn’t do much to protect borrowers from high APRs, which takes both interest and fees into account. How much you pay depends on your lender but triple-digit APRs are generally the norm.

Frequently asked questions

• Can I renew a loan in Houston?

  Yes, Houston allows you to renew your loan at least three times

• Who should I contact if I want to file a complaint or report an irregularity?

  You should get in touch with the Texas Office of Consumer Credit Commissioner.

• What is the maximum number of outstanding cash advances I can have at one time?

  You can have multiple cash advances out at a time as long as the balance doesn’t exceed the maximum loan limit.

_{Picture: Shutterstock}

Are payday loans available in my state?