Payday Loans in Texas: Compare Alternatives First

There are alternatives to payday loans. Find resources in Texas that offer help with rent and other necessities.

NerdWalletFebruary 4, 2019
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A payday loan isn’t your only option when you need fast cash. Texas residents can access local and regional resources, including financial assistance and small loans, to help cover emergency expenses from utilities to medical bills.

Here are alternatives to online and storefront payday loans in Texas. NerdWallet recommends contacting the organizations listed below to see if you qualify for assistance.

Name of organization

Service provided

How you can use the service

Amount provided

Contact information

Assistance

Utilities, rent, general financial health

Varies

972-422-1850

Assistance

Utilities

Varies

432-729-4908

Assistance

Utilities

$1,000 to $1,200

325-625-4167

Assistance

Utilities, healthcare

Varies

210-223-4099

Assistance

No restrictions

Varies

2-1-1

Loan

No restrictions

$400 to $1,000

956-356-6600

Assistance

Emergency

Varies

817-488-7009

Assistance

Utilities

Varies

432-729-4908

Assistance

Rent, transport, utilities

Varies

713-393-4700

Loan

No restrictions

Up to $6,000

210-736-4352

Assistance

Utilities

Varies

432-729-4908

Assistance

Emergency

Varies

972-721-9181

Assistance

Emergency

Varies

817-473-6650

Assistance

Rent, utilities

Varies

972-285-3000

Assistance

Emergency

Varies

972-446-2100

Assistance

Transport, utilities,

Varies

806-372-2531

Assistance

Homelessness

Varies

214-637-8100

Assistance

Utilities

Varies

972-285-5819

Assistance

Utilities, rent

Varies

713-977-9942

Additional options to consider

If local resources aren't available to you, there are other options when you need money. Take our quiz to explore these alternatives:

What to know about payday loans in Texas

If you've weighed alternatives and still want a payday loan, know that the payday loan industry in Texas is far less regulated than in other states. There are local ordinances in some cities that restrict lending practices, but state-level legislation has failed in recent years.

  • Consumers in Texas get payday loans from entities called credit access businesses, which are essentially brokers between borrowers and unlicensed third-party lenders.

  • At the state level, there is no maximum amount you can borrow.

  • The maximum interest paid to the third-party lender is 10%, but rates and fees charged by the payday lender aren’t capped.

More on payday loans and alternatives