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 Center of Collin County||Assistance||Utilities, rent, general financial health||Varies||972-422-1850|
|Big Bend Community Action Committee||Assistance||Utilities||Varies||432-729-4908|
|Central Texas Opportunities||Assistance||Utilities||$1,000 to $1,200||325-625-4167|
|Christian Assistance Ministry||Assistance||Utilities, healthcare||Varies||210-223-4099|
|Texas Health and Human Services||Assistance||No restrictions||Varies||2-1-1|
|Community Loan Center of the Rio Grande Valley||Loan||No restrictions||$400 to $1,000||956-356-6600|
|Good Samaritan Ministries Brown County||Assistance||Utilities||Varies||432-729-4908|
|Gulf Coast Community Services Association||Assistance||Rent, transport, utilities||Varies||713-393-4700|
|Hebrew Free Loan Association of San Antonio||Loan||No restrictions||Up to $6,000||210-736-4352|
|Hill Country Community Action Association||Assistance||Utilities||Varies||432-729-4908|
|Irving Cares, Inc.||Assistance||Emergency||Varies||972-721-9181|
|Mansfield Mission Center||Assistance||Emergency||Varies||817-473-6650|
|Mesquite Social Services Inc.||Assistance||Rent, utilities||Varies||972-285-3000|
|Panhandle Community Services||Assistance||Transport, utilities,||Varies||806-372-2531|
|Salvation Army DFW||Assistance||Homelessness||Varies||214-637-8100|
|Sharing Life Community Outreach||Assistance||Utilities||Varies||972-285-5819|
|West Houston Assistance Ministries||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.