Short Term Loans in Texas
Financial stress can affect your life in more ways than you’d ever imagine. Aside from negatively impacting things like your appetite and sleep patterns, financial stress is shown to be a risk factor for various chronic diseases and can ultimately diminish your overall self care. And while everyone experiences financial stress at some point in their lives, some are more prone to this stress than others.
If you’re one of the millions of Americans experiencing stress, angst, and worry over limited finances or negative funds, it’s imperative you find a solution before you start risking your health and livelihood. As one of several options available to assist you in these tight times, a short-term loan might be your best option.
What is a short-term loan?
Short-term loans are loans that are scheduled to be paid off in less than a year. Short-term loans generally come in two different forms:
Installment loans: An installment loan is designed to have a set number of scheduled payments over a certain period of time. Installment loans are very consumer friendly and come with many flexible options for repayment. Power Finance Texas can arrange an installment loan for you today!
Payday loans: A payday loan is a single payment loan where the amount borrowed is due on your next payday plus fees. Payday loans are not very consumer friendly and have very little options to repay the loan. Power Finance Texas does not offer payday loans to consumers.
While these two loans vary in context, they are both structured to be repaid in a few weeks or months. And though there is no upfront payment or collateral needed, short-term loans always come with fees that must be paid along with the loan repayment.
Do you need a CASH LOAN fast?
Power Finance Texas arranges installment loans from $100 to $1,250 quickly. Most loans are approved within minutes. All it takes is a checking account, a phone number and a few other simple qualifications. See why thousands of people choose Power Finance Texas for their fast cash needs.
HOW DO SHORT-TERM LOANS WORK?
Getting short-term loans in Texas involves applying for a loan online or in person, finding out how much you qualify for, setting up a payment plan, and getting your cash.
After applying for a short-term loan at Power Finance Texas, you and a representative will discuss information such as your income, employment, contact information, and whether you have a bank account. Once you provide all the necessary information, you can be approved for a loan.
The terms of the loan, how much you qualify for, and the repayment schedule will be explained to you. You’ll also receive this information in writing. As soon as you agree to the terms, your money will be deposited into your checking account, or you will receive a check if you prefer.
WHERE CAN I GET SHORT-TERM LOANS IN TEXAS?
You can apply for short-term loans in Texas online or in person. Power Finance Texas has branches throughout the state where a customer service representative can help you through the application process. For your convenience, you can also apply for short-term loans online.
There’s no need to suffer through the stress of being stuck in a financial bind. If you have a Texas ID and a short-term loan sounds like the right solution for you, apply for a loan online or in person from Power Finance Texas today.
HOW MUCH CAN I BORROW WITH A SHORT-TERM LOAN?
At Power Finance Texas, you can borrow between $100 and $1,250 in personal loans. The loan amount you qualify for usually depends on your income and demonstrated ability to pay the loan back. Short-term loans in Texas are accessible and available to people with all types of credit histories.
CAN I GET A SHORT-TERM LOAN WITH BAD CREDIT?
Yes, you can get a short-term loan in Texas with bad credit. Power Finance Texas regularly helps people with all kinds of credit histories, including low credit scores and no credit scores. Our personal installment loans are a good option for borrowers who may not qualify for loans from banks or other financial institutions.
DO SHORT-TERM LOANS AFFECT YOUR CREDIT RATING?
Like all loans, short-term loans can affect your credit score both positively and negatively, depending on how you manage your debt. Making your payments on time will help improve your credit score, while missing or paying late can hurt it.
Power Finance Texas regularly offers loans to people with less-than-stellar credit histories. We will work with you to provide a loan you can pay back with flexible payment options and schedules.
WHAT ARE SHORT-TERM LOANS USED FOR?
A person can use a short-term loan for anything they want! Qualifying for and receiving a personal loan does not depend on why you need the money, and nobody’s going to check up on how you used it. Most people use personal loans to pay for unexpected, one-time expenses. This might include a medical or dental bill, car or home repairs, making up for lost income after an injury, a vacation, tuition payments, home renovations, and more.