If you reside in Texas and need a loan, Preferred loans may be able to arrange an Installment Loan for you. Preferred Loans Texas is a licensed Credit Access Business and not a lender in the state of Texas. If approved, Preferred Loans Texas will set up an Installment loan between you and a Third-party lender who provides the funding.
A Preferred Installment Loan is a loan that is repaid over time with a set number of scheduled payments. Unlike a typical payday loan where you must pay the balance in full on your next pay period, a Preferred Installment Loan gives you up to six months to repay your loan. Decide how much you can pay back on your pay cycle, before deciding on your loan amount.
Applying for a Preferred Installment Loan in Texas is fast, secure and convenient. If you’re approved, your cash will be instantly funded to your debit card.
Loan Amount: $150 to $1500
Loan Type: Installment Loan
Loan Term: Approximately 6 months
Funding: Instant funding to debit card (restrictions apply)
Pre-Payment Available: Yes
We understand that financial situations change, so you always have options each time your payment is due. You can: make the regular scheduled payment, pay more towards your principle balance, pay off your loan in full, or refinance your loan (restrictions apply). Borrowers not paying the full scheduled payment may result in the borrower paying a higher amount of interest and could result in extending the loan term.
Click the appropriate link below to view the Consumer Disclosures. These disclosures are required by the
Office of the Consumer Credit Commissioner (OCCC), for all residents applying for an Installment Loan.
Returned Item Fee. If your payment is returned by your financial institution for any reason, you will be assessed a returned item fee of $30.
Preferred Loans Texas is not a lender in the state of Texas.
Late payment Fee of $7.50 or 5% of the late payment amount whichever is great will be applied for payments more than 10 days past due This business is licensed and examined by the State of Texas-Office of Consumer Credit Commissioner. Call the Consumer Credit Hotline or write for credit information or assistance with credit problems. Office of Consumer Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207, (800) 538-1579, [email protected]
An advance of money obtained through a cash advance or auto title loan is not intended to meet long-term financial needs. A cash advance or auto title loan should only be used to meet short-term cash needs. Refinancing the loan rather than paying the debt in full when due will require the payment of additional charges. The loan information shown here is an example and may not reflect the actual fees and interest charged to a loan provided by the lender or credit access business.
This Site may be accessed from countries other than the United States. This Site may contain products and services or references to products and services, which are not available certain states or outside of the United States. Any such references do not imply that such products will be made available in those states where our products are not legally available or outside the United States of Texas. If you access and use this Site outside the United States you are responsible for complying with your local laws and regulations.
Preferred Loans Texas, LLC only operates in the State of Texas. Located at 1335 Dublin Rd. Suite 118-A Columbus, Ohio 43215.
Getting in touch is easy. Please feel free to reach out to us any time. We look forward to hearing from you.
Preferred Loans Texas, LLC
1335 Dublin Rd. Suite 118-A
Columbus, Ohio 43215
THE OPERATOR OF THIS WEBSITE IS NOT A LENDER, does not make credit decisions, and does not charge Consumers any fees. This Website does not constitute an offer or solicitation to lend. This Website provides a service wherein we submit the information you provide to one or more lenders and attempt to search for a lender to meet your needs. This service is not available in all states, and the states serviced by this Website may change from time to time and without notice. Providing your information on this Website does not guarantee that we will be able to locate a lender to meet your needs or that you will be approved for a loan. The lender may perform a credit check or otherwise verify the information you provide. Not all lending partners offer loans up to the advertised amount and not all lenders can provide you with the loan amount you requested. Loan amounts are determined by the lender based on individual creditworthiness. All financial terms of the loan, including annual percentage rate (“APR”), fees, charges, and repayment period will be provided to you by the lender and may vary by lender, state, and your individual creditworthiness. You are NOT required to accept the terms of the loan that a lender offers you. If you don’t agree with or don’t like the terms of the loan offered by the lender, do not electronically sign the loan documents.
For details, questions, or concerns regarding your loan please contact your lender directly. In some situations, faxing or emailing of documents may be required. Cash transfer times may vary between lenders and may depend on your individual financial institution. Loan repayment periods vary by lender and state. Not all Consumers will meet the lending criteria to qualify for a loan and many consumers may only qualify for short-term lending options. THIS SERVICE IS NOT AVAILABLE TO NEW YORK RESIDENTS DUE TO REQUIREMENTS OF NEW YORK LAW.
Borrow Responsibly – A short-term loan is an expensive form of credit intended for short-term financial needs only, not as a long-term financial solution. Late or missed loan payments may result in additional finance charges and fees, your account falling into collections, and may negatively impact your credit history. Lenders may use collection services for nonpayment of loans. Consumers experiencing credit difficulties should seek credit counseling or meet with a nonprofit financial counseling service in their community.
Consumer Advisory: Our lender partners will never ask for advance payment. NEVER pay a lender in advance for a loan.