Texas Pay Day Law
This recorded webinars covers an overview of the Texas Payday Law as outlined in the Especially for Texas Employers Handbook.
Predatory Lending: Last Week Tonight with John Oliver (HBO)
Payday loans put a staggering amount of Americans in debt. They prey on the elderly and military service members. They're awful, and nearly impossible to ...
Are Online Payday Loans Legal In Texas Will lenders approve me for an installment loan if I have bad credit?
How does an installment loan work?
Some of the features that come with installment loans
Use the money for any purpose, from Vacation to Debt Consolidation.
Below you will find references to the Texas laws that govern payday loans. If you find these statutes difficult to understand, you may want to look at the "plain English" resources on this page or speak to an attorney.
Payday Loan Lending Laws in Texas Texas Payday Lending laws are similar to the laws from other states that allow payday lending. However these states, and Texas, also regulate payday lending. The terms of the loans can be in the range from 7-31 days, and the amount of the loans can be from $100 up to $350. The finance charge for a $100 payday loan for 14 days is $12.
No payday loan may have a minimum term of less than 13 days and does not exceed 120 days. Except for an installment payday loan, no payday loan may be made to a consumer if the loan would result in the consumer being indebted to one or more payday lenders for a period in excess of 45 consecutive days.
Texas Small Loans & Title Loans. If you’ve got a a really big money mayday, Check Into Cash can assist you with a small loan in Texas. When you’re low on cash and you need help paying your bills, you can turn to Check Into Cash for a cash loan or title loan.
TWC investigates wage claims under the Texas Payday Law, Chapter 61 of the Texas Labor Code. Texas Payday Law covers all Texas business entities, regardless of size, except for public employers such as the federal government, the state or a political subdivision of the state.
If you want an online payday loan in Texas, Mypaydayloan.com is the best choice. We are certified members of the Online Lenders Alliance and take pride in offering reasonably-priced, convenient loans to all of our customers. Start your loan application in Texas today, and get the cash you need – without the wait.
The payday loans laws in Texas are quite different from the laws set in the other states. Compare online loans in Texas with the search tool above, or read more about the online payday loan laws in Texas below.