Payday Loans in Pearland, TX
When in a financial hotspot, nothing saves the day like a loan that you can access instantly and that’s precisely what a payday loan does. These are small-dollar, short-term loans that customers pay with their next paycheck.
According to the U.S. FDIC (Federal Deposit Insurance Corporation), the majority of payday loan users include single parents, recent immigrants, and people of Hispanic and African origin. While these groups of people turn to payday loans for ordinary expenses, which are not the best nor intended purpose of them, payday loans still help them greatly. This is because payday lenders don’t put any form of restrictions on the purpose of the loan.
The state of Texas is among the 27 U.S. states where payday lending isn’t prohibited. Payday loans in Texas, come in handy for any resident in a thick financial situation. On average, you can get a maximum amount of $800.
Pros of Payday Loans in Pearland, TX
Are payday loans beneficial? Payday loans are jam-packed with benefits, including:
- No restriction on the purpose of the loan – How you use the cash after you get it depends entirely on you. It can help you meet emergency expenses or cover any other financial need.
- Few documents required – Unlike most loan types that ask for all sorts of official papers, applying for payday loans requires very few documents.
- Available for those with bad credit – Not many payday lenders bother to check your credit report.
- Online application is straightforward – You can apply for the loan from anywhere and at any time. You don’t have to wait for specific office hours to get service.
- Fast cash – After applying for payday loans and getting approved, the lender ensures that they deposit the cash into your account either the same day or in 24 hours.
How to Get Payday Loans in Pearland, TX
Getting a payday loan in Pearland, TX, is quick. All you have to do is to identify reputable lenders and apply. You may do it either online or walk into a storefront near you. While you may be able to negotiate a great deal when involving a storefront, going to a store can be laborious, and you can show up only during business hours.
By contrast, an online application can be done anywhere and at any time. Whether you are at home, on the go, or in the office, you can apply for a loan. Just ensure you have a device capable of connecting to the internet, fill out a form, and submit.
Requirements for Payday Loans in Pearland, TX
After applying for the cash advance loan, it gets approved instantly, provided that you meet all the requirements. So, what are these few requirements?
- Be a U.S. resident of Pearland, TX
- Must be over 18 years old
- Have valid documentation to prove your identity, such as an ID or driver’s license
- Have documents to establish a steady income source, such as a pay stubs
- Possess an active checking account
- Some lenders ask for your social security number
APR and Fees
Any loan attracts interest rates, and payday loans are no exception. Unfortunately, payday loans have a terrible reputation for people defaulting. Therefore, most payday lenders charge high interest rates as a protection against default.
According to Texas legislation, payday loan APR can exceed 400%. Moreover, borrowers must pay fees such as finance charges and more. This makes a payday loan a very costly loan type. Also, rollovers are allowed but at an extra cost.
How We Can Help
The biggest hurdle for those seeking payday loans is finding legitimate loan companies. That’s where AdvanceSOS comes in. We have created this website to connect you with reputable lenders in Pearland, TX. Just click to get started, fill in the details, and submit the form.
Once a lender gets your application, they will send you a loan agreement. Read through it, understand, then sign. If it does not meet your needs, just decline. You’re under no obligation to sign a contract you don’t understand or have issues with.
Cash Advance and Payday Loan Companies Near Pearland, TX (Lenders Locations)
|Company name||Address||Zip code||Phone number|
|ALL Cash Express||2018 N Main St||77581||(281) 485-2175|
|Texas Car Title & Payday Loans||2519 S Main St||77581||(832) 736-9494|
|ALL Cash Express||2018 N Main St||77581||(832) 856-5282|
|Check ‘N Go Store #6952||2002 N Main St, Ste 100||77581||(281) 997-2952|
|Check Into Cash||3310 Broadway St, Ste 106||77581||(281) 997-1279|
|Advance America||3225 E. Broadway||77581||(281) 485-9576|
|Advance America||7111 W. Broadway||77581||(281) 997-7881|
|Security Finance||3419 Broadway St, Ste B||77581||(281) 485-7984|
|Sun Loan Company||3244 Broadway St||77581||(281) 485-0028|
|Ibc Bank||2705 Broadway St||77581||(281) 485-5281|
|Capital Bank||1813 Broadway St||77581||(713) 675-2341|
|Comerica Bank||11151 Broadway St||77584||(713) 436-2146|
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.