Payday Loans in Livingston, Texas
Events happen, and we usually find ourselves in a situation where we must pay for some surprise bills. Consider applying for a payday advance loan in Livingston, Texas, to see if you are eligible.
The loan process is swift and effortless. To qualify, borrowers have to satisfy a few general conditions.
What is a Payday Loan? What Can It Be Put Towards?
A paycheck advance loan is where the borrower will receive a small amount of funds on a short-term contract. This is deemed to be an unsecured loan as no collateral is needed.
When unexpected expenses present themselves, such as missed rent or utility fees, vehicle fees, health or vet payments, and so on, individuals often rely upon paycheck advance loans.
Paycheck Advance Loan Criteria In Livingston, Texas
In Livingston, Texas, cash advance loan borrowers are required to meet several criteria to be eligible for a loan.
The borrower is required to:
- Prove that they are a resident of Livingston, Texas
- Must be 18 or older
- Have a steady stream of income that they can provide proof of being at least $1,000/month
- Provide active contact details including cell phone number and email address
- Provide their SSN
If a borrower does not abide by the above rules, they will automatically be denied a payday loan. Make sure you possess the documentation needed when applying.
Laws and Rules Regarding Payday Loans in Livingston, Texas
The State of Texas has deemed payday lending legal. Still, they have set the below rules and laws for the payday advance lending market:
- A single lender cannot extend a loan greater than $600. Borrowers may not possess more than two active loans from different lenders. There is no smallest loan amount.
- There is no minimum loan term, the maximum loan term length is 31 days. In Texas, borrowers are unable to rollover their loans.
- The fees and charges change for each money lender. The service fees charged by lenders on a loan are not considered interest. The service fees apply to each $100 borrowed and can range between 11-15%.
- An interest rate must be mutually settled upon. APR can range up to 369%.
Will Payday Advance Lenders in Livingston, TX, Complete Credit Checks? What If I Have Poor/No Credit History At All?
Yes, the lenders we have a relationship with will complete a credit check on you, but, even if you possess no credit or less than stellar credit, you might still be eligible for a loan given that you can prove that you are able to pay back the loan. Lenders are generally unconcerned about your credit if you offer proof of income and a plan to pay back the loan.
Lenders will perform a soft credit pull, which will have no impact on your credit score. This is solely to get an idea of your credit history and basic information.
A hard credit pull, alternatively, requires your permission. These credit checks are utilized for a plethora of purposes, such as mortgages, credit card applications, and more.
You may still be approved for a payday advance loan with imperfect credit in Livingston, Texas, as long as you can prove you will repay the loan.
So, when you apply, albeit in person or online, ensure that you have your income information ready and any other documents proving that you can pay back the loan. The more evidence you possess, the better chance your loan application will be approved.
When Will I See My Cash in Livingston, Texas?
When you get your funds actually relies on your lender as some lenders offer same-day paycheck advance loans, which means you will get your payday loan on the same day you submit your application, as long as you're approved.
Much of the time, however, lenders will give the borrower their lump sum on the following business day. Businesses typically close for holidays and weekends. So, if you apply on a Friday, you might not get your cash until Monday.
If you're looking for a same-day payday advance loan in Livingston, TX, you will need to make sure you're applying by 10:30 am. Any and all same-day deposits going out that day will be approved by that deadline. However, you should apply earlier than that if able, as it will increase the likelihood that you receive your money on the day that you apply.
One other factor that you should understand is despite if the money lender grants your loan request and posts the funds to your bank account, sometimes the bank won't release that funds right away. It's vital that you let your bank know that you plan to receive a cash advance loan, so they could possibly make an exception in releasing the cash earlier.
On the whole, it's wise to prepare ahead of time to receive money on the following business day. That way, you're not left in the lurch if you cannot receive it on the same day.
Think About Working With Us
If you possess underwhelming credit or no credit and are needing to secure a payday advance loan, consider applying through us, as you usually have a higher chance of approval.
We partner with over one hundred different lenders who offer their services online. Frequently you will get your loan on the following business day so make sure that you plan correctly.
Although, you can always find the closest paycheck advance loan store to you and apply in person to boost the chances of seeing your cash on the same day. When submitting an application in person, make sure that you have your government ID or driver's license; a passport is sufficient. Infrequently, lenders may ask for proof of address, so bring a utility bill to the store as well.
To locate the nearest payday loan storefront, please use the list below and search for your city.
Payday Loan Direct Lender Companies in Livingston, TX
Below you will find a list of payday loan companies offering their services in Livingston, Texas. If you can't find a lender near your location in Livingston, consider applying in a nearby city in Texas. Alternatively, you can apply online on our website and get a decision almost instantly.
If you can't find a lender near your location in Livingston, consider checking out payday loan lenders in nearby cities. Alternatively, apply online on our website and get an instant decision. If approved, you will get your cash the same or next business day.