Everyone needs some extra cash from time to time. Recent times have been challenging for many families who sometimes find themselves short of cash for immediate needs.
Whether you have auto repairs to do, groceries to buy, medical bills to pay, utility bills overdue, or other urgent needs, payday loans in San Antonio may be a great option to consider. Most people have exhausted the regular outlets for cash, and when you have an urgent need, you cannot try traditional lenders…they take too much time. A payday loan can get you cash in 1 business day, faster than any other way.
We know how difficult it can be when money is tight. The frustration and anxiety can seem overwhelming. That is why we have been helping people all across the Lone Star state for 15 years.
Payday loans are legal in San Antonio and throughout Texas. There is no specified maximum loan amount that borrowers may receive. There are no fixed, maximum financing fees. Fees and other charges applicable to the loan often vary based on the loan amount. Installment loans typically have a lower cost compared to payday loans.
Texas has 2 types of short term loans: single payday loans (due within one month) and installment loans (due within 6 months). Here are some overall guidelines about payday loans in San Antonio, TX:
- Maximum Loan Amount - Not Defined
- Minimum Loan Term - 7 days
- Maximum Loan Term - 180 days
- Number of Rollovers - No restrictions statewide but, max. 3 based on some local law
- Number of Outstanding Loans Allowed - Not Defined
- Cooling Off Period - None
- Installment Loans Allowed - Yes
- Finance Charges - >$100 loan = $10 + $4/month for each $100 borrowed
The eligibility criteria for San Antonio payday loans online is quite simple. Here are a few key points:
- You must be 18 years of age or older (active military are not eligible)
- You must have a valid ID or proof of residency.
- You must have an active bank account (for the lender to deposit your cash)
- You must have a recent income of $1,000 a month or more.
- You must have contact info (cell phone and email)
There may be other information needed depending on how you complete your payday loan online request. Your lender will guide you through any additional questions or information required.
It is important to note that requesting a payday loan in San Antonio with no credit check is very standard. No hard credit checks are used in establishing if you qualify for a loan. Instead, direct lenders review your recent and upcoming income as it is the most appropriate way to determine your ability to repay your loan.
The process for requesting a payday loan in San Antonio, Texas, is fast, secure, and easy to do. First, you complete the short loan request form; it takes 1-3 minutes for most people and can be done right from your smartphone, pad, or PC. Then hit the ‘submit’ button to start the quick review. There is no hard credit check done during the data review process. In 5 to 90 seconds, you get an answer. If approved, you are connected directly to your lender.
You should plan about 15 minutes when going over your loan terms and conditions with your lender (which they are required by law to do) and also get any questions answered that you may have. You are never obligated to accept a loan offer from any lender. Be sure you are comfortable with your loan terms and conditions before agreeing to it.
CashOne has been serving Texans for more than 15 years. And, we have served more than 500,000 Americans coast-to-coast. We have more than 120 lenders ready to serve you 24/7 and 365 days a year because we are a referral service.
By having a large array of payday loan direct lenders, we improve your odds of approval but do it in just seconds. We are proud to be able to get approvals for more than 80% of all loan requests.
We also use the latest SSL encryption technology to protect your sensitive data. And unlike others, we delete your data within 30 days of receiving it instead of selling it and having you get tons of unwanted sales pitches. That is just another reason to use CashOne. We look forward to serving you!