Best Payday Loans in Austin, TX

Author picture
Written by

If you’re in immediate need of cash and can’t afford to wait until your next paycheck, a payday loan may be the only option. We researched the best payday loans in Austin to help you choose a company with a simple application process, quick approvals, competitive fees, easy-to-understand terms and fast funding.

Why trust ConsumerAffairs?
  • Our recommendations are based on what reviewers say.
  • 4,243,660 reviews on ConsumerAffairs are verified.
  • We require contact information to ensure our reviewers are real.
  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.

Top 12 Austin Payday Loan Companies

  • Best Rated
  • Most Reviewed
  • Highest Rated
austin skyline

More than 27,000 people in Greater Austin — including Travis, Bastrop, Caldwell, Hays and Williamson counties — took out payday loans in 2018, according to the Texas Office of Consumer Credit Commissioner. These loans include single-payment payday loans, which are paid back in two weeks to one month, and installment-payment payday loans, which are paid back over months.

Payday loan regulations in Austin, TX

In Texas, borrowers get payday loans through credit access businesses that act as brokers between consumers and third-party lenders. Credit access businesses must be licensed by the state, and, if operating in Austin, registered with the city.

Payday loans in Austin are subject to the following laws:

  • The loan amount can’t be more than 20% of the borrower’s gross monthly income
  • An installment payday loan must be paid back in no more than four equal installments and can’t be refinanced or renewed
  • Single-payment payday loans can’t be renewed more than three times

Credit access businesses in Texas have no limits on the fees they can charge. As a result, the annual percentage rate (APR) of a payday loan in Austin typically ranges between 450% and 700%.

The table below gives an example of the costs of a 14-day payday loan in Austin.

Loan amountLender interestCredit access business feeAPR

What is required to get a payday loan in Austin?

Application requirements for payday loans in Austin vary by lender. Before applying, you should have these items ready:

  • A valid, state-issued ID
  • Your Social Security number
  • A blank check for in-store payday loans or checking account information for online payday loans or electronic debit
  • Your phone number
  • Proof of income (e.g., pay stub, bank statement, tax return, signed letter from employer)

You do not need good credit to qualify for a payday loan in Austin, so don’t be discouraged from applying because of a history of late payments, unpaid debt or bankruptcy.

Some Texas payday lenders allow you to apply for a payday loan online or over the phone and receive your funds and pay them back electronically. Other lenders require you to go to a physical store to pick up the cash. Generally, the fastest way to get a payday loan in Austin is to complete the entire process at a brick-and-mortar location of a company like Speedy Cash or find a business that offers same-day, online payday loans, such as CashNetUSA.

Austin payday loan FAQ

How do I get a signature loan in Austin?
A signature loan in Austin typically requires a better credit history than a payday loan. You can apply for a signature loan, which is a type of unsecured personal loan, at a bank, credit union, online lender or at some businesses offering payday loans.
What kind of Austin loan can I get with bad credit?
In addition to payday loans, Austin residents with bad credit can qualify for title loans and installment loans. Some businesses offer payday loans with no credit check at all.
What are some payday loan alternatives in Austin?
Because of the high cost of payday loans in Austin, it’s smart to first consider alternatives, including borrowing from a friend or family member, applying for a loan at a bank or credit union or asking creditors for more time to pay bills. If you’re having trouble with your finances and would like financial education or coaching, check out this list of resources from the city of Austin.

Not sure how to choose?

Get buying tips about Payday Loans in Austin delivered to your inbox.

    By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

    Thank you, you have successfully subscribed to our newsletter!

    Austin payday loan company information

    Payment 1 Financial Group

    Payment 1 Financial Group offers installment loans from $500 to $5,000 with flexible payment options and competitive rates. Customers need a valid ID, a Social Security number, proof of address, proof of income and five references. Use the online application tool to find out how much money you qualify for. Payment 1 Financial Group completes loans in as little as 30 minutes.

    • Address: 5717 S. I-35, Ste. B150, Austin, TX 78744; Multiple locations
    • Phone: (512) 992-1611
    • Hours: Call for hours
    • Website:
    CashMax Austin

    With CashMax, you can be approved for a payday loan in as little as 15 minutes. To qualify, you need to be 18, have a checking account and have a steady income. Start your application with CashMax by filling out a secure and private online form. CashMax promises friendly, hassle-free, no-pressure service.

    • Address: 207A N. Highway 183, Leander, TX 78641
    • Phone: (512) 259-1818
    • Hours: M - F: 10am - 6pm
    • Website:
    Texas Car Title and Payday Loan Services Inc. Austin

    Texas Car Title and Payday Loan Services Inc. offers payday loans of up to $1,200. Get approved in as little as 30 minutes over the phone or at a store in Cedar Park, Georgetown, Taylor or San Marcos. Applicants need a state-issued ID, a blank check from an active checking account and a recent pay stub. Credit issues don’t affect your ability to get a payday loan with Texas Car Title and Payday Loan Services Inc.

    • Address: 100 S. Bell Blvd., Cedar Park, TX 78613
    • Phone: (512) 219-9559
    • Hours: M, F: 10am - 7pm; T - Th: 10am - 6pm; Sat: 9am - 4pm
    • Website:
    Cash Store Austin

    Cash Store has been providing emergency loans for more than 20 years. Customers in Austin can apply for same-day installment loans of up to $3,000 with biweekly or monthly payment options. Start an application online using Cash Store’s secure form, then bring your documents to any Austin location to pick up your cash. Check the website for a new-customer coupon and details about the company’s referral program.

    • Address: 2793 E. Seventh St., Austin, TX 78702; Multiple locations
    • Phone: (512) 477-9990
    • Hours: M - F: 9am - 7pm; Sat: 9am - 3pm
    • Website:
    People’s Finance Co.

    People’s Finance Co. has been in business since 2007 and offers same-day installment loans of up to $1,300. Customers receive text alerts before due dates and can make payments by visiting or calling a branch or mailing a check or money order. People’s Finance Co. works with Austin residents with all credit backgrounds. Call, visit or fill out a form online to start your application.

    • Address: 201 Childers Drive, Ste. 107, Bastrop, TX 78602
    • Phone: (512) 332-0808
    • Hours: M - F: 8am - 5pm
    • Website:

    Want your company to be on this guide?

    Yes, continue