Payday Loans in McKinney, TX
Finding quick funding can be challenging when you’re in the middle of a hectic financial situation. If you’re worried about your borrowing options, consider AdvanceSOS. We offer convenient payday loans in McKinney, TX, online and provide our customers with the quick cash they need.
Payday loans are small in size and typically vary from $100 to $1,500. These amounts can help you survive until your next payday. Once the transaction goes through, clients can use the money to pay for utilities, bills, or various repairs. We operate round the clock and offer same-day service to help you overcome any emergency.
How To Apply For A Payday Loan Online In McKinney, TX?
People who are always on the run and prefer getting things on the web, so we offer payday loans online. We provide a paperless application process that is 100% safe and simple.
- Navigate to our webpage via your browser and click the “Apply Now” button.
- Fill in the required information once the loan application opens. Completing the form takes no more than five minutes.
- After our lender network considers your request, you’ll get an instant decision with offers containing the detailed rates and terms.
- Select the offer you deem appropriate and sign the documents. Save the electronic agreement for future reference.
- You’ll typically get the cash deposit in your checking account by the following business day. Use it wisely!
What Will You Need?
If you have all documents ready, applying for payday loans with AdvanceSOS is super fast. Ensure you provide evidence of meeting the following requirements.
- You’re of legal age
- You’re a resident of Texas.
- You haven’t currently overdrawn your checking account
- You have a stable income source of at least $1,000 per month
- You have a working phone number and a valid email.
By providing the above information, we can verify your eligibility and capacity to handle the repayment. If you fail to submit accurate data, we may be unable to contact you and process the transaction.
How Much Can You Borrow?
Payday loans in McKinney, TX online typically average at $800. The following amounts are what our clients request the most:
- 100 dollar loan
- 200 dollar loan
- 300 dollar loan
- 500 dollar loan
- 1000 dollar loan
Approved amounts depend on your eligibility, income, and ability to repay. Previous debt can influence the lending decision, too.
When Will You Receive Your Funds?
Very fast! You’ll likely receive the money the same day. Depending on when you sign the loan agreement, lenders might deposit the funds into your account the next business day. We strive to process instant cash loans swiftly and reliably.
Hence, consider applying earlier in the morning to avoid banking cut-off times. Also, the 24-hour timeframe to get your quick cash may get delayed due to non-working days.
APR And Fee
Though restrictions on lenders in area code 469 are lenient, the interest they can charge caps at 10%. However, there’s no statutory limit on APRs, and as a result, these often reach 400%. For instance, if you borrow $1,000, your debt will amount to $1,254 in two weeks.
The maximum amount of late fees can’t exceed $7.50 or 5% of the loan amount, whichever is higher. There’s no cap on CAB and other financial charges. In the case of NSF, you’ll have to pay a fee of $30.
Regulations Surrounding Payday Loans In McKinney TX
The upper limit of a single payday loan in McKinney is not defined. Yet, most applicants seek no more than $1,000. One-time payday loans in Texas involve a repayment period of up to a month, while installment ones can last up to 180 days.
Texas law grants protection by banning lenders from dividing loans to collect higher interest fees. Still, the number of rollovers is indefinite, and there’s no specified cooling-off period.
Short-term loans offer financial support when you can’t make it until your next paycheck. But, sometimes, other funding options can meet your needs better. Consider the alternatives below when strapped for cash.
Bad Credit Loans
Do you have bad credit of below 640 or no credit history at all? Though it can be challenging to get urgent cash, our advance payday loans provide a solution to anyone with bad credit. Present proof of regular income and your capacity to pay off the debt, and we’ll be able to assist you.
When a regular small loan can’t resolve your worries, having a clear car title can prove helpful. Once you request a loan, we’ll inspect the vehicle and offer you cash in return. Plus, you keep your car while making payments. After you repay in full, you’ll get your title back.
No Credit Check Loans
No credit check loans are ideal if your credit prevents you from getting a traditional loan. To help you out, AdvanceSOS approves loans without running hard credit checks. However, small loans involve soft checks and higher APRs and fees. We usually factor in criteria such as employment and account standing.
Payday Loans For Unemployed
Being out of work or in a job pursuit doesn’t mean you can’t borrow money. We approve short-term financing to applicants with other income sources than a full-time job. Eligible customers must submit proof of regular revenue. Meaning you can present retirement, unemployment, or disability benefits. Good credit also counts.
Legit Payday Loans
Online sources of cash advance are suitable when looking for a small sum up to $1,500. Besides being legit, payday loans in McKinney, TX, offer a quick and convenient cash boost for any emergency need. Still, short-term products may involve predatory APRs and charges. So, unless you’re in a financial dead-end, refrain from expansive borrowing practices.
Moreover, customers with bad credit may face stricter lending terms and higher rates. Hence, always repay in time and avoid rollovers.
Cash Advance and Payday Loan Companies Near You (Lenders Locations)
|Company name||Address||Zip code||Phone number|
|Quik Cash||101 N Mcdonald St, Ste 110||75069||(972) 548-9488|
|ALL Cash Express||3001 S Central Expy||75070||(469) 952-5037|
|ALL Cash Express||401 S Central Expy||75070||(972) 562-6728|
|Cash Store||1321 N Tennessee St, Ste 102||75069||(972) 542-8606|
|Cash Store||1920 Eldorado Pkwy, Ste 500||75069||(214) 491-1679|
|Cash Store||2050 W University Dr, Ste 130||75071||(972) 542-6355|
|First Cash Pawn||1901 Redbud Blvd, Ste 102||75069||(972) 548-8116|
|Check ‘N Go Store #6954||1970 N Central Expy, Ste 124A||75070||(469) 742-8691|
|Sun Loan Co||101 N Mcdonald St, Ste 105||75069||(214) 307-7321|
|Cottonwood Financial||2050 W University Dr, Ste 103||75071||(972) 542-6360|
|ALL Cash Express||401 S Central Expy||75069||(469) 712-5793|
|The Cash Investors||4100 Eldorado Pkwy, Ste 100||75070||(972) 866-4400|
|Cliff’s Check Cashing||215 E University Dr, Ste 103||75069||(972) 542-9505|
|Esi Correct Checks Inc||110 E Louisiana St||75069||(972) 540-9229|
|National Cash Management Sys.||6850 Tpc Dr, Ste 208||75070||(214) 544-2245|
|Adrialex||101 N Mcdonald St||75069||(972) 548-9488|
|Shelf Corporation Funding||6401 Eldorado Pkwy, Ste 210||75070||(469) 267-7678|
|Texans Credit Union||2501 W University Dr||75071||(972) 348-2000|
|Sierracities Com||1902 W Virginia St||75069||(972) 542-6861|
|First United Bank||6401 S Custer Rd, Ste 2020||75070||(972) 569-8301|
|City Finance||1330 N Mcdonald St Ste 205||75071||(972) 548-0092|
|First United Bank||1700 Redbud Blvd, Ste 130||75069||(972) 548-3010|
|Tcf Equipment Finance||4491 Lake Breeze Dr||75071||(972) 542-9955|
|Capitalone||2801 Macarthur Lwsvl||75069||(972) 364-6030|
|Global Integrity Finance LLC||1611 Wilmeth Rd||75069||(214) 548-5190|
|Onemain Financial||3001 S Central Expy, Ste 308||75070||(972) 548-8147|
|Texas Credit Union-Mc Kinney||2501 W University Dr||75071||(972) 547-5520|
|Gold Star Finance Inc||1500 W University Dr, Ste B||75069||(972) 542-2916|
|Capitalone||2300 Eldorado Pkwy||75070||(972) 562-1100|
|Bank Of Texas||1500 N Central Expy||75070||(972) 529-4454|
|Valliance Bank||5900 S Lake Forest Dr, Ste 100||75070||(214) 544-2400|
|Legacy Bank Of Texas||1651 W University Dr||75069||(972) 562-5600|
|AFC||2412 Highgate Dr||75070||(972) 569-9195|
|American National Bank Of Texas||2851 S Central Expy||75070||(972) 542-9226|
Amanda is a senior writer at AdvanceSOS. She has more than six years of journalism experience, mostly in the finance sector. She graduated with a Bachelor’s Degree from Drew University.