Payday Loans in Dallas, TX

Like many Americans, you’re probably facing some financial problems. Whether you need to service bills or cover medical bills, AdvanceSOS can help you solve your short-term money issues.

We provide Dallas customers with fast access to loans online. These cash advances are short-term and intended for urgent needs. Applying for payday loans requires you to submit a short application proving you can pay back the amount with your next paycheck. Moreover, we advise you only to borrow if you know you can settle your debt.

How To Apply For A Payday Loan Online In Dallas, TX?

Looking for an open payday store may be a tough job. So, why don’t you apply online from the comfort of your sofa? The process is relatively straightforward and won’t take you more than five minutes.

1. Open our site on your browser and find the ‘Apply Now’ button.
2. To apply online, you’ll need to enter relevant personal details in the loan application.
3. We will quickly review it for approval. If our team approves you, expect several applicable offers in a short time.
4. Confirm the product that best suits your needs and sign the agreement.
5. Receive the funds within 24 hours in your bank account, and remember to repay on time.

What Will You Need?

Overall, borrowers must meet all application criteria to take out a loan. Still, requirements for payday loans in Dallas, TX, may differ slightly from our lenders. Ensure you submit the following documentation:

• Government-issued ID showing you’re over 18.
• Proof to be a legal resident of Dallas.
• An open checking account that accepts electronic transfers
• Proof of recurring source of income.
• A working phone number and e-mail address
• Not to be bankrupt.
• SSN or TIN.

How Much Can You Borrow?

Payday loans in Dallas, TX, entail no upper limit on the borrowed funds. Still, the average financing stands somewhere at $800. From experience, our clients usually request the following amounts:

• 100 dollar loan
• 200 dollar loan
• 300 dollar loan
• 500 dollar loan
• 1000 dollar loan

Whether we’ll approve the funds or not depends on your eligibility. If you meet all criteria and prove that you can service your debt, expect a fast cash transfer.

When Will You Receive Your Funds?

Expect to get instant cash. Yet, it’s essential to remember that the time between the transfer and the deposit depends on our lender. Typically, it takes customers a day to two to see the cash reach their bank account.

Some lenders can deposit quick cash within one business day. Transaction swiftness is subject to bank closures, too. We recommend applying early in the day to avoid delays due to working hours.

APR And Fees

Dallas rules do not specify the maximum loan amount nor financing fee caps that lenders must impose. Still, payday loans in Texas usually range between $50 and $1,200. Charges typically depend on the loan size.

The bad news about short-term financing in Dallas is that APRs average 662%, which is relatively high. Also, the maximum interest rate in Dallas stands at 10% of the amount. Lenders may charge $30 fees of NSF, which further increases your debt.

Regulations Surrounding Payday Loans In Dallas TX

Lenders who offer payday loans must have a license and follow Texas and Dallas laws. Dallas has a lenient payday loan, so there is no cap on how much you can borrow when it comes to the cash advance. The repayments terms vary from a week to a month for a single payday loan and up to 180 days for installment loans.

Also, you can’t refinance a single-payment payday product more than three times. Once you take the loan out, you should pay back the principal, interest, and credit access business fees. Though you have protection on the interest lenders can charge, there are no restrictions on the CAB fees they charge.

Loan Alternatives

Residents in code areas 214, 469, 972, 682, and 817 within the state are eligible for multiple advance payday loans. Below, we have presented all financing alternatives you can consider.

Bad Credit Loans

You may qualify for a payday advance in Dallas with bad credit or no credit. Our lenders offer short-term financing with no credit check required. Still, we usually run ‘soft’ credit checks and consider other factors to ensure your capacity to repay.

Title Loans

Often, small loans cannot meet your expectations in terms of loan size. You can use a title loan to get a higher cash amount on the money you want to borrow. Here, you’ll have to sign your vehicle’s title over to the lender until you repay. When you settle your debt in full, you will regain ownership of your car.

No Credit Check Loans

If you have a bad credit score, lenders perceive you as a potentially risky client. To avoid this, you may turn to no credit check loans. These cash advances get tailored for applicants with any score. Though we only run a soft credit check, we also consider other factors such as your employment and account standing.

Payday Loans For Unemployed

If you have no steady job applying, a traditional loan may be out of your reach. Those who receive government benefits or a pension are welcome to apply for short-term loans with us. Borrowers should provide a verifiable revenue source and have a good credit history.

Legit Payday Loans

Payday loans in Dallas are legit, but they mature very quickly, typically in two weeks. Payday loan lenders advise that small loans should target short-term uses only. When loans become due, borrowers extend the loan’s life to maintain the cash flow. Rolling over-borrowed funds means extra fees, so borrowers pay more than they initially expected.

ATM Locations in Dallas, TX