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Short term loans in Laredo, Texas

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Make sure you know what you’re getting when you take out a short term loan in Laredo

If you have a financial emergency and less than perfect credit, you may be consider a short term loan. This guide will help you navigate the laws and ordinances around short term lending in Laredo.

Are payday loans legal in Laredo?

Yes, payday loans are legal in all of Texas. Financial Code Ann. §341.001, §342.007 and §342.008, §342.251 et seq., §342.601 et seq., §393.221 et seq. and §292.604 et seq., as well as §83.6004 and §83.1001 et seq. all govern short term lending in and outside of Laredo. These laws apply to lenders who operate in store, online and over the phone.

If you need to report a lender, you can file a complaint with the Texas Office of Consumer Credit Commissioner.

Check into Cash Payday Loan

Check into Cash Loans

Check into Cash allows you to directly apply for a payday loan and have your cash when you need it.

  • Min. Loan Amount: $50
  • Loan Term: Varies by state
  • Turnaround Time: 1–2 business days
  • Total Costs: Varies depending on the amount and your state of residency.
  • Must be 18+
  • No security needed
  • Confidential and secure

    Consider these lenders for a short term loan in Laredo

    Check out these short term lenders to see if they operate in your state:

    Rates last updated June 20th, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    $1,000
    1–2 business days
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    LendUp Payday Loans
    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.
    $250
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    ACE Cash Express Payday Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
    LoanByPhone Payday and Installment Loans
    This mobile lender offers convenient cash loans. Apply online or by phone.
    $3,000
    1–2 business days
    Must be 21 years old and have a Social Security number, a regular source of income, a valid email address, an active checking account and a phone number.
    BadCreditLoans.com
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    $5,000
    Varies
    Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.

    Compare up to 4 providers


    Why a short term loan in Laredo might work for you

    • Easy application. Whether it’s in person or online, you can complete an application in as little as five minutes, and get a decision shortly after.
    • Get cash fast. Funds will be sent to your account via ACH in as little as one business day if you apply online. If you apply in store, you could walk out with your cash on the same day.
    • Poor credit accepted. Short term lenders focus on your current financial situation, rather than your past. This means that as long as you meet the basic eligibility criteria, your credit score will probably not hinder you.

    Is there any protection when you take out a short term loan in Laredo?

    • Rollover. If you’ve paid off at least 25% of the original amount of your loan you may refinance it up to three times.
    • Loan amount. Loans cannot total to more than 20% of your gross income.
    • Loan term. There is a seven day minimum for loan terms.

    Here's how much a short term loan might cost in Laredo

    Lucas had an emergency medical bill pop up that he couldn’t pay outright, and that he couldn’t set up payment plans for. A small mistake in his past meant that his credit wasn’t perfect, so he couldn’t take out a personal loan. In order to pay the bill off in time, Lucas decided to take out a short term loan.

    He applied online for a $700 loan, which would be due in two weeks when he was paid next. The lender made it clear that there would be a fee of $178.35 before Lucas agreed to the loan.

    On his next payday the total amount due was debited from his checking account. Because the payment was made automatically, Lucas had to budget for the extra expense.

    If his payment was late, there would be a fee of $35, and if he had insufficient funds when the lender debited his account, he would have received a non-sufficient funds (NSF) fee of $30.

    Need to apply for a short term loan in Laredo? Here’s how

    Before you apply, there are some basic eligibility requirements you will have to meet:

    • At least 18 or older
    • American citizen or a permanent resident of the US
    • Steady source of income
    • Checking account for online applicants

    In order to complete the application successfully, you’ll have to provide some personal information:

    • Your name, home address, email address and phone number
    • Your date of birth, social security number and an acceptable form of ID
    • Your employer’s name, address and phone number
    • Details about your income
    • If applying online, your checking account details

    Short term loans near you in Laredo, Texas

    Short term loan offices near you in Laredo

    If you’d like to apply for a short term loan in Laredo by visiting a physical store, here are some of your options:

    • ACE Cash Express. 3502 San Bernardo Ave, Laredo, TX 78041
    • Advance America. 502 W Calton Rd #204, Laredo, TX 78041
    • Approved Money Center. 201 W Del Mar Blvd #20, Laredo, TX 78041
    • Atlas Credit Co., Inc. 604 W Calton Rd #A, Laredo, TX 78041
    • Check ‘n Go. 7807 Mcpherson Rd Ste 202, Laredo, TX 78045
    • Fast and Easy Payday Loans. 602 Lafayette St, Laredo, TX 78041
    • Speedy Cash. 2119 E Saunders St, Laredo, TX 78041
    • Star Loans of Texas. 2108 Chihuahua St # 5, Laredo, TX 78043
    • Texas Car Title & Payday Loan Services, Inc. 4301 McPherson Rd, Laredo, TX 78041
    • Western-Shamrock Finance. 4501 McPherson Rd, Suite 15 A, Laredo, TX 78041

    Where else are payday loans available?

    Image: Wikimedia Commons

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    US Payday Loans Offers

    Important Information*
    Slam Dunk Loans

    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

    LendUp Payday Loans

    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

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