Payday Loans in Dallas

Payday Loans
Explore our selection of payday loans in Dallas (TX), offering quick approval with no credit checks. Ideal for urgent financial needs, our payday loans cater to bad credit and ensure a fast, hassle-free process with reputable direct lenders.
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Recommended FinScore™
100.00 – 5000.00 $

Interest rate

from 0.05 %

Loan term for the financial product

5 days – 3 months

What is a Payday Loan in Dallas?

A payday loan in Dallas is a short-term, small-dollar loan designed to provide individuals quick access to cash for immediate financial needs. The loan amount is generally based on the borrower's income, ranging from a few hundred dollars to $1,000 or more. Payday loans are expected to be repaid in full, along with fees and interest, on the borrower's next payday or payday if the term is longer than 2 weeks.

What is the Maximum Payday Loan Amount in Dallas?

In Dallas, Texas, state law does not clearly state the highest loan amount for payday loans. However, it is customary for payday lenders in Texas to offer loans with an average maximum principal amount of approximately $800. The maximum payday loan amount for the residents of Dallas is capped by city ordinance and amounts to 20% of the applicant's gross monthly income.

Pros and Cons


Quick Access to Funds. Payday loans in Dallas provide rapid and convenient access to cash during unexpected financial emergencies or urgent expenses.

Minimal Documentation. The application process for payday loans typically requires minimal documentation, such as proof of income and a valid ID, ensuring simplicity for borrowers.

Variety of Loan Options. Texas offers two types of payday loans, accommodating different needs and repayment preferences and providing borrowers with flexibility.

Higher Loan Amounts. Compared to other states, payday lenders in Texas may offer higher maximum loan amounts, enabling borrowers to tackle more significant financial challenges.

City-Level Protection. Dallas enhances customer protection through a unified payday loan ordinance, ensuring that payday lenders follow specific rules and regulations that promote fair lending practices and transparency in the payday loan industry.


High Interest Rates. Payday loans in Dallas often come with exorbitant interest rates, with lenders commonly charging annual percentage rates (APRs) that can reach several hundred percent, leading to substantial interest costs for borrowers.

Risk of Debt Cycle. Payday loans are designed as short-term solutions, but many borrowers in Dallas find themselves trapped in a cycle of debt. When they can't repay the loan in full by their next paycheck, they often roll over the loan by paying additional fees and interest, worsening their financial situation.

Limited Means for Living Expenses. Payday loans in Dallas typically require full repayment on the borrower's next payday. It can leave borrowers with a significant portion of their paycheck allocated to repaying the loan, leaving them with insufficient funds to cover regular living expenses, potentially leading to financial hardship.

Short Repayment Periods. The short repayment periods associated with payday loans can put significant financial pressure on borrowers in Dallas, making it challenging to manage their expenses and meet their loan obligations simultaneously.


  1. Age and Residency. Borrowers must be at least 18 years old. Proof of Texas residency includes a driver's license or utility bill, is required.
  2. Income Verification. Proof of a stable source of income is necessary, which can be demonstrated through pay stubs, bank statements, or other relevant documents. Minimum monthly income requirements may apply.
  3. Identification. A valid government-issued photo ID, such as a driver's license or passport, is typically mandatory.
  4. Active Bank Account. Borrowers must possess an active checking or savings account in good standing. The bank account is usually used for loan disbursement and repayment.
  5. Contact Information. Borrowers must provide valid contact information, including a phone number and email address, for communication purposes.
  6. Social Security Number or ITIN. A valid Social Security Number or Individual Taxpayer Identification Number (ITIN) is generally required.


    • If the loan amount is below $30, every $5 would cost you $1 per month;

    • For loans amounting to $31-$35, the fee is 10% of the borrowed amount + $3 of a monthly fee;

    • $36-$70 the fee is 10% of the borrowed amount + $3,5 of a monthly fee;

    • $71-$100 loan costs 10% of the borrowed amount + $4 of a monthly fee;

    • Loans over $100 cost $10 + $ 4 per month for each $100 borrowed.

    Lenders in Dallas (TX)

    Apply for a loan

    1. Advance America is a reputable online payday lender. They provide short-term loans to help borrowers cover unexpected expenses or financial emergencies. Borrowers can typically expect quick loan approval decisions and access to funds as soon as the next business day.

    2. Mariner Finance is another online payday lender that caters to residents of Dallas, Texas. They offer a range of loan products, including personal loans, installment loans, and payday loans. Mariner Finance focuses on providing borrowers with financial solutions tailored to their needs. To apply for a payday loan with Mariner Finance, individuals typically need to complete an online application, and the approval process is relatively fast.

    3. CashNetUSA is an online payday lender available to residents of Dallas, Texas. They specialize in providing payday and installment loans to help individuals bridge financial gaps. CashNetUSA offers a straightforward online application process, allowing borrowers to apply for loans conveniently.

    4. Ace Cash Express is a well-established offline payday lender known for its accessibility and quick loan processing. One of the critical advantages of Ace Cash Express is its multiple physical locations, making it easy for borrowers to visit a nearby store and apply for a payday loan in person.

    5. Speedy Cash is another reputable offline payday lender with a strong presence in Dallas. One of the notable benefits of choosing Speedy Cash is its emphasis on fast approvals and same-day funding options, allowing borrowers to access much-needed funds quickly. Additionally, Speedy Cash offers a straightforward application process, and their physical storefronts provide a comfortable and professional environment for discussing loan options and terms.

    6. Check 'n Go is a trusted offline payday lender that provides residents of Dallas with a convenient and efficient loan application process. One of the primary benefits of Check 'n Go is its commitment to transparency, ensuring that borrowers fully understand the terms and fees associated with their payday loans.

    Alternatives to Payday Loans in Dallas

    1. Title loans provide a practical alternative to payday loans, allowing borrowers to use their vehicle's title as collateral to secure funds. These loans often come with manageable interest rates and structured repayment plans, providing a responsible financial option while helping individuals improve their credit scores.
    2. Secured credit cards serve for immediate financial solutions in Dallas. These cards enable borrowers to repay borrowed amounts over time. They may come with lower interest rates than payday loans, making them a cost-effective alternative for individuals looking to build or rebuild their credit.
    3. Loans for bad credit allow all kinds of borrowers to have access to credit resources. These loans often feature more beneficial interest rates than payday loans, providing a flexible and convenient borrowing option for those needing financial assistance.
    4. Peer-to-peer loans allow individuals to borrow directly from investors, potentially securing more favorable terms than traditional payday loans. This lending option prioritizes borrower-friendly terms and can be financially advantageous for those seeking alternative lending options to meet their financial needs.
    5. Credit builder loans provide a valuable opportunity for individuals looking to establish or improve their credit scores. These loans, offered by local financial institutions, allow residents of Dallas to make small, manageable monthly payments while gradually building a positive credit history.
      1. General Information. In Dallas, Texas, payday loans have no set borrowing limits, and the fees can be high, often exceeding 400%. The fees you incur are based on the amount you borrow. Even though there is no limit to the maximal payday loan amount in the state, Dallas applies more strict rules that cap the maximal payday loan amount for the city residents by 20% of the borrower’s gross monthly income.
      2. Types of Payday Loans. There are two primary types of payday loans available in Dallas. One type requires you to repay the entire loan within a few weeks or a month, while the other allows up to six months for repayment.
      3. Local Rules. Dallas and other cities have implemented stricter regulations for payday loans, believing that state rules may not be sufficient. These local rules include requirements such as ensuring payday loan stores are licensed, maintaining records of all loans, limiting borrowing to 20% of your monthly income, specifying the number of loan renewals allowed, mandating repayment of at least 25% of the borrowed amount, and imposing fines of up to $500 for violations of these rules.


      Keeping your Debt-to-Income (DTI) ratio below 30-40% of your monthly income is crucial. This will help you avoid potential financial problems in the future. Additionally, always assess the necessity and feasibility of taking a loan, ensuring you can comfortably manage its repayment.

      How to Choose a Lender

      1. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.

      2. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.

      3. Carefully review all the terms and conditions of your payday loan contract.

      4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

      5. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.

      6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

      Additional resources


        Are online payday loans legal in Dallas, TX?

        Online payday loans are legal in Dallas, Texas, and they are subject to regulation by both state and local authorities. State-level regulations governing payday lending in Texas include Tex. Fin. Code Ann. §341.001, Tex. Fin. Code Ann. §342.007, and §342.008, as well as Fin. Code Ann. §§342.251 et seq., Fin. Code Ann. §342.601 et seq., and Fin. Code Ann. §393.221 et seq. and §393.604 et seq.

        These statutes establish the framework for payday lending practices across the state. Additionally, Dallas has implemented city ordinances that regulate payday lending within its jurisdiction, as outlined in 7 Tex. Admin. Code §83.6004 and §83.1001 et seq. These local ordinances include requirements such as licensing for payday loan lenders, record-keeping obligations, limits on loan amounts (not exceeding 20% of the borrower's gross monthly income), restrictions on the number of installments and rollovers, a minimum repayment threshold, and the imposition of fines for non-compliance, often amounting to $500.

        How many payday loans can you get in Dallas?

        In Dallas, Texas, the number of outstanding payday loans allowed is not explicitly specified by state law. Borrowers can typically have multiple payday loans simultaneously, subject to approval by individual lenders and their assessment of the borrower's ability to repay.

        What do you need for a payday loan in Dallas?

        To secure a payday loan in Dallas, Texas, you generally need to be 18 years or older, demonstrate Texas residency, confirm your stable income through pay stubs or bank statements, provide a valid government-issued photo ID, maintain an active bank account, and furnish a valid Social Security Number or ITIN. Additionally, you must provide accurate contact information, including a phone number and email address, to facilitate communication with the lender.

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