Payday Loans Lancaster, TX

Are you stressing over a money emergency? If so, we can give you a hand and help you solve your problem. Get a fast and free quote online for a cash loan. Even if you have bad credit, you may be able to qualify and can receive an offer from one of the lenders in our network. Ready to find out?

A girl onthe cell phone getting a Lancaster loan quote.

Getting Fast Money

Believe it or not, you have more than a few choices when it comes to fast money in the Lancaster area. There are several secured options such as title loans but these involve the risk of you losing your property. This is not worth it. Let’s stick to the unsecured loan choices. Here are your main choices when it comes to fast and easy unsecured loans.

Get A Payday Loan

A payday loan is the first thing on most peoples mind when they thing about loans for bad credit. This is for good reason. They have a lot of advantages when it comes to dealing with a money emergency, especially if your credit is not so good. Take a look at the key strong points of these loans.

Speed is the biggest advantage of one of these cash loans. Apply today and you could have money in your checking account as soon as the next business day. If you are having a financial crisis in Lancaster, speed is important. Can you afford to wait a week or longer for money? Probably not.

In addition to being fast, a payday loan is also very easy to get. The low requirements make it one of the best loan choices for those with bad or no credit history. The main things you need to qualify are a source of income and a checking account. The income does not even have to be a job, it can be any money that you get regularly such as SSI benefits.

Every bad credit loan has a flip side and payday loans are no different.

The main bad thing is the loan period. Most are due within 14 days which can be tough. If you borrow more than $100 or so, it can be tough to make the payment when it is due. If you are not prepared, this could cause you to need to extend your loan and that will cost you more fees. Try to keep payday loans low, just a few hundred dollars at most.

Along with those short terms comes a relatively high loan fee. $15 to $20 per $100 borrowed is about average although your loan fees may vary. That is enough money when coupled with the short loan term to give these loans APR’s in the 500 percent range. Quite high but these are high risk loans.

Get An Installment Loan

Another option if you have bad credit in Lancaster is an installment loan. While it is slightly harder to get than a payday loan, it is still attainable for many with less than perfect credit.

If you do manage to qualify for one, you will benefit from a longer loan term. This longer loan term can allow you to take out more money and still have lower payments than you might have had with a payday loan. These lower payments are usually much more manageable and can give you the breathing room to get your finances in order.

Bad credit installment loans still come with the high fees and interest of other loans but the APR is usually much lower than that of a payday loan. Despite the lower APR, the loan will be for a much longer period and that can cause the total cost of the loan to rise. Money could cost you more with an install loan because the interest will be accruing for a longer period.

Decisions, Decisions

So which loan type should you choose? That is probably more dependent on your credit and the amount of money that you need.

If you are ready to get a quote on an emergency cash loan, simply scroll back up to the top of the page. We give you access to a loan network that can get you an offer, even with bad credit. Take a few minutes time to carefully fill in the form and you could be soon staring at an offer that can help you handle your trouble.

Article on emergency loan help.
  • Staff Summary


If you are in Lancaster and you need money, this article may help you out. Learn about the most common ways to get the money that you need and get some guidance as to how you can handle your money emergency.

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