Guaranteed Approval Payday Loans Texas Online Direct Lender

Payday loans regulations in U.S.A differ from state to state because it is very easy to meet the eligibility criteria for these loans that why they are regulated in a varied in all the U.S. states wherever this lending service is considered as legit. The lending law of Texas requires that the borrower must be clear about all the ground rules along with pros and cons of guaranteed approval payday loans from direct lender in Texas.

An upper loan amount limit for a short term loan to a borrower in the state of Texas is up to $1800. The law also states that the aggregate loan amount taken from multiple lenders should also not exceed an upper limit. Further, the lender is not entitled to practice criminal proceedings in case of repayment failure from borrower’s end.

The loan term of the cash advance loan in the Texas is up to 180 days which is quite relaxing as compared to other states of US. The interest rate is capped at 10% in the Texas so the APR(Annual Percentage Rate) for the loan of $100 given for two weeks cannot exceed 410% which is also minimum as compared to other states of the U.S. Moreover, there must be a written loan agreement between the lender and the borrower.

Online Direct Lenders Who Provide Instant Approval Loans in Texas:

1. Check Into Cash: They have many locations throughout Texas and providing payday loans & installment loans for over a decade in the state. They transfer the funds same day and carry out 24/7 application process on their online portal. It is also a founding member of Community Financial Services Association.

2. Cash Central Loans: Cash Central is a large financial institution that offer online cash advance loans to the needy consumers in Texas 24/7 hours. They have an easy 3-step approval process and gives a real-time decision regarding loan approval almost instantly. They offer loan amount up to $2,000 which the borrower can pay off within time period of 7 to 35 days.

3. Ace Cash Express: They have many retail storefronts in Texas along with in other States. They offer online payday and installment loans up to $1,000. It requires that borrowers must have an active checking account with an income of at least $1,000 per month to qualify for a fast cash loan.

4. LendUp: It operates as credit access business in Texas. They have low finance charges and helps in building credit of the consumers. They offer long term installment loans of up to $4000. They also have a 15-minute fast cash deposit option with which the borrower can access money within 15 minutes.

5. Cash Store: Cash Store is a Texas based company providing loan services since 1996. They have more than 190 storefront locations in TX alone. It is best known for having a simplest online approval process. They offer the loan amount up to $3,000 and guarantee the cash access within 20 minutes.

Texas is a state that comes with various opportunities for a cash advance loan. The borrower from large cities like Dallas, Houston or San Antonio often chasing apply online for payday loans to meet their short term financial needs. The greatest part is that even the consumers with a terrible credit rating can qualify to access immediate cash.