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Are you a Texas resident in need of a short term loan, just until the next payday? We've looked at six companies who can connect you to much-needed cash. The chart below breaks down essential data about each company. We strongly recommend going with a payday company that's registered as a CSO in Texas, versus an off-shore payday lender that's not. We've also listed the APR (Annual Percentage Rate), which is calculated by multiplying the payday loan company's fee and lender interest over the year, so you can make comparisons to other types of loans. For more information, check out our reviews, as well as our Texas payday loan FAQ.
Texas Payday Loans
Updated 04-11-2013
| Service Name & Rating: | Loan Range: | Advertised fee per $100*: | Advertised APR (14-day loan)**: | Max Loan Period (based on pay period): | Registered Texas CSO: | BBB Score***: | Bottom Line: |
 | $100.00 - $1800.00 | $12.50 (After 50% discount with coupon code: NEXTADVISOR50) | 325.89% | 35 days | Yes | A | 50% discount with coupon code: NEXTADVISOR50, repeat borrower incentives, clear website and 24/7 customer service |
 | $100.00 - $1500.00 | $25.38 | 661.79% | 35 days | Yes | B | Good BBB score and repeat borrowing incentives are pluses, but privacy policy could be more customer-friendly |
 | $100.00 - $1000.00 | $22.88 | 596.51% | 35 days | Yes | F | Marginally lower rates, but a poor BBB rating of F and information sharing policy could be more customer friendly |
 | $100.00 - $500.00 | $25.00 | 651.79% | 14 days | No | None | Not reccomended: Offshore company had low BBB scores, no state registration, and does not display contact information |
 | $100.00 - $1000.00 | N/A | N/A | 31 days | No | F | Not recommended: Don't let the low advertised fees tempt you to do business with this unregistered, off-shore company |
* Based on information provided by lender's website. Fee combines the payday loan company's fee plus 10% interest from the third-party unaffiliated lender.
** APR (Annual Percentage Rate) is provided for comparison purposes to other forms of debt. Amount is calculated by multiplying interest and fees for an average 14-day loan period over the entire year. See FAQ for more details.
*** Better Business Bureau rating as of 01/01/2011
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