Life can be full of surprises, and we know that it is not always easy to get a cash loan, especially through a traditional bank. That is what we are here for. We are dedicated to helping you achieve your financial goals, and we are here to ensure you get access to the cash you need, for whatever reason you need it. It does not matter if you have good credit, bad credit, or no credit at all.
Here are some things that you can use your cash loans Texas proceeds for:
- Lower your credit card debt
- Start home renovations
- Buy a new car
- Pay off your tuition fees
Our simple online application process makes it easy for consumers to seek a cash loan in a matter of hours. Forget about endless paperwork and get connected to your cash options quickly.
How Texas law applies to a cash loan
Texas Finance Code Chapter 342 covers regulated consumer lenders, the license a company needs to make consumer loans at rates above 10%. Chapter 393 covers credit access businesses, which arrange loans through a third-party lender. Loan Ridge lends only in Texas, Missouri and Utah, and a cash loan taken out here is a written credit agreement with a set repayment schedule, not a payday advance.
Checking your lender is licensed in Texas
Look the company up in NMLS Consumer Access, the registry Texas now uses for consumer-credit licensing, or call the OCCC on (512) 936-7600. The regulator is the Texas Office of Consumer Credit Commissioner (OCCC), Finance Commission Building, 2601 N. Lamar Blvd, Austin, TX 78705, phone (512) 936-7600. We would rather you checked.
What this looks like in Texas
A borrower in Houston with a 580 score and a steady paycheck is the sort of application Texas banks routinely decline. That is the gap a small regulated consumer loan fills. We serve borrowers in Houston, San Antonio, Dallas, Austin and across the rest of the state.
Texas questions about cash loans
Who regulates lenders in Texas?
The Office of Consumer Credit Commissioner (OCCC) licenses and examines consumer lenders in Texas. Regulated consumer lenders operate under Chapter 342 of the Texas Finance Code, and credit access businesses operate under Chapter 393. You can check any company in NMLS Consumer Access or call the OCCC on (512) 936-7600.
How do I check a Texas lender is licensed before I apply?
Search the company name at nmlsconsumeraccess.org, and if anything looks off, contact the OCCC directly at 2601 N. Lamar Blvd, Austin, TX 78705. Never send money up front to anyone claiming to release a loan afterwards.
