Texas State Payday Loan Laws

By Shawn Martin


Texas State Flag
Texas State Flag

If you are planning on using a payday loan company in Texas, you are going to want to be sure to read up on the Texas state payday loan laws.

This state is loaded with traps that can get you into some serious payday loan debt.

Texas allows payday loans between 7 to 31 days.

There are no limits on how many loans you may have at one time or on how much each loan amount can be. Borrowers must be aware that this can lead to some serious over your head debt including taking out loans to cover loans.

Texas also does not have any limits on roll overs of payday loans, another red flag to watch out for.

If you do take out a payday loan in Texas pay it off in full on the first due date. This is the only way to avoid major charges.

Texas allows some interesting interest charges. The can charge anything the borrower will agree to pay. Most charge 10% of the loan plus a 48% annual interest rate with a $12.00 monthly fee. A 14 day $100.00 loan if paid off in full when due will have an APR of 309%.

This state does have special laws for military members, and must make certain disclosures to anyone in the military.

The best way to do business with these companies in Texas is not doing business with them at all. If you do take out a loan in Texas, take out only what you need, do not roll the loan over, and pay it off on the first due date.

We can help!


If you have found yourself in trouble with payday loan debt in Texas and need help you are in the right place, we can help!

. Check out our Payday loan repayment plan and fill out our form for a free no obligation quote. Find out how we can help you today!

I hope this information helps you to understand a bit about how payday loans work in Texas, and if you are in trouble with payday loan debt where to go for help!

6 thoughts on “Texas State Payday Loan Laws”

  1. I hear they have the death penalty in Texas seems a fitting end for these modern day loan sharks…..just sayin is all….

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