The database below lists direct lenders that offer payday loans and online installment loans to consumers in Texas. **Last Updated 8-8-2015**
MyPaydayLoan: An established online lender that’s currently offering direct payday loans in Texas. They promise a quick online application process and can usually get you cash in hand in less than 24 hours. MyPaydayLoan is generally seen as one of the best lenders to work with if you have bad credit or no credit at all. You must have an active checking account from a traditional bank(no pre-paid accounts or savings accounts) to be approved. Also, you won’t qualify for a loan if you’ve defaulted on a payday loan in the past year. **Update: As of late 2014 you no longer need to fax in a bank statement for payday loans under $400.**
Payday Direct USA: Payday Direct is an online company offering cash advance loans and online installment loans to Texas residents. At this time they’re offering cash advance loans of up to $1000 depending on your qualifications. You must be currently employed, have an active checking account and make at least $1200 to qualify for a payday loan with them. Also offering online installment loans of $1,000+ to qualified Texas residents.
Cash Central Loans: Cash Central is a large direct payday lender that offers 24/7 online payday loans to Texas residents. They have an easy 3-step approval process and you can expect a real-time decision regarding loan approval in less than 5 minutes. Cash Central is currently offering payday loans of up to $2,000 and you can typically pay off your loan in anywhere from 7 to 35 days. Use Discount Code “CJAU25″ for 25% off all loan fees when you apply for a loan in August!
PaydayLoanToday: Longtime direct payday lender that’s currently offering online loans of up to $500 for Texas residents. They claim to have lower interest rates when compared to other companies that offer payday loans in Texas & they offer a quick approval process with their online application system.
LendUp: Lendup is a new online lender that just started offering direct payday loans in Texas as late 2014. They have lower rates when compared to traditional direct payday lenders and also promise you’ll have an opportunity to rebuild your credit by making on-time payments. At this time LendUp is offering direct cash advance loans to Texas residents of up to $1,000. They also offer a 15 minute deposit option where you can get your loan in as few as 15 minutes assuming your bank is setup for this.
Check Into Cash: You may be familiar with Check Into Cash. They have many retail locations in Texas and they’ve been offering online direct payday loans to Texas residents for over a decade. They offer cash advance loans online and have a fully automated 24/7 application process. Check Into Cash is a founding member of Community Financial Services Association.
Lendyou: LendYou has been in business since 2008 & since then they’ve helped thousands of Texas consumers in getting a short-term loan. They have a quick online application process for same-day payday loans of anywhere from $500 to $15,000. LendYou is a longtime member of the Online Lenders Alliance.
CashNetUSA: They have been around for decades and claim to have over 1 million satisfied customers. At this time CashNet is offering next day online cash advance loans of up to $700 if you live in Texas. They’re generally seen as being easy to work with if you have bad credit or past payday loan issues. CashNetUSA has extended their 25% off loan fees promo through the end of August, just use promo code “NEWCASH25″.
Are you having trouble getting a loan from the direct payday lenders and online installment lenders listed here? If you have multiple cash advance loans outstanding, very bad credit, or if you have trouble verifying your income or bank information it may be tough to get an online payday loan from any company. If you fall into this category you may want to check out 3clickloan. They don’t offer loans directly, instead they work with hundreds of financial companies that are willing to fund loans for just about everyone regardless of their financial situation! Check them out today and see if you qualify with anyone from their network of direct payday lenders and direct installment lenders.
National Payday: Large national direct payday lender that’s currently offering 24 hour payday loans and instant direct payday loans through same day bank wire. They have low interest rates compared to other lenders and have been lending for years to Texas residents. Currently loaning up to $400 for new Texas customers and up to $1000 for returning customers.
Springleaf: Springleaf has been in business for decades and they claim to have served well over 2 million consumers. Springleaf is currently offering secured personal loans to consumers in Texas for up to $15,000. These types of loans are typically paid off over 1-3 years and you will probably need fair to good credit (score of 650+) in order be approved for a loan.
Upstart: Upstart offers a unique approach to the online lending environment in Texas. They have flexible payment terms with the option to pay back your loan over months instead of weeks when compared to other cash advance lenders. Another unique option is that you can choose your payoff term! You will probably need a credit score of at least 650 to qualify for a loan. At this time, Upstart is offering online loans of anywhere from $3,000 to $10,000.
CashAdvance.com: A new lender that’s offering installment loans and payday loans to Texas residents. They are offering online payday loans up to $1,000 for new customers and also offer installment loans for returning customers. They’re great to work with if you have bad credit as you can usually get a low dollar online cash advance with them. Lastly they have a quick online application process and promise next day cash in hand loans for qualified applicants.
Avant: Avant offers high dollar installment loans of anywhere from $1,000 to $30,000 to Texas consumers. Avant can be a great option for you if you’re looking for a large online loan with no collateral required but it may be difficult to get approved for a loan with them if you have poor credit. Unlike most companies that offer loans in Texas you’ll probably need a decent credit score with no past delinquent loans. They have no pre-payment penalty and offer loan lengths of anywhere from 12-48 months to Texas residents.
Check back at least once a week for updates regarding these online cash advance lenders and direct installment lenders. Texas is a good state to be in if you’re looking for direct cash advance loans. Most of the large national direct cash advance lenders choose to operate in Texas and they can usually loan more money with better terms compared to other states, even if you have bad credit. With that being said, we expect more direct payday lenders and direct installment lenders to start lending again as we move towards Fall 2015.