Texas Installment Loans
An emergency can strike at any time. Perhaps your tire blows out on the way to work, or a loved one needs to visit the emergency room. No matter the circumstances, money can be a major concern. Installment loans through a credit access business can quickly give you the funds you need to pay for an emergency expense or cover your regular bills while you’re dealing with the situation. With an online installment loan, you can complete the entire application and funding process without having to visit a bank branch. It’s convenient and lets you focus your limited time and energy on the emergency at hand.
A RISE loan from Capital Community Bank (CCBank) & FinWise
In partnership with CCBank and FinWise, RISEcredit.com offers online installment loans to borrowers from all over the state of Texas:
| Houston | Dallas | Austin |
| San Antonio | Fort Worth | Plano |
| Corpus-Christi | Frisco | El Paso |
| Lubbock | Texas City | Arlington |
and many more...
The installment loan amounts in Texas have a fixed interest rate, and you’ll know your term, payment amounts, and total cost of borrowing before you take out the loan. If you change your mind, or your circumstances change, you can also return the loan within five business days and won’t pay any fees.
Here are the basics:
- Loan amounts range from $500 to $5,000
- The loan’s interest rate will be 99% to 199%
As a borrower, your eligibility, rates, and terms can vary depending on your creditworthiness. Submit an application, and you’ll generally get the result in a matter of minutes. If you’re approved for a RISE online installment loan from CCBank or FinWise, you can either accept your full offer or choose a lower amount. Our bank partners encourage you to only borrow what you need and can afford to repay. Additionally, RISEcredit.com has tools and resources that everyone can use to improve their financial knowledge.
These include downloadable budgeting resources, a glossary of important financial terms, and the free Credit Score Plus program, which lets you track one of your TransUnion credit scores and comes with free TransUnion credit report monitoring.
Comparing short term installment loans
You may be pressed for time during an emergency, but comparing your loan options could still be a good idea.
A RISE loan from one of our bank partners is an expensive form of credit, but they could be a better option than taking out a payday loan or overdrawing your account. They also offer some favorable features that may make them a better option than other installment loans, including:
- No application, origination, or prepayment fees
- Quick online application and approval process
- You could get the money by the next day*
What should you consider before taking out a loan?
Here are a few things to keep in mind as you compare lenders and loan options:
Timeliness: If you’re considering online versus brick-and-mortar lenders, ask about how long it may take to get approved for a loan and receive the funds. Online lenders may offer a quicker solution.
Loan amounts: Make sure the lender offers loans that are large enough to meet your financial needs. Also watch out for minimum loan requirements, or you may have to borrow more money than you need. In Texas, the loans offered by our bank partners are $500 to $5,000
Fees: Lenders may charge a variety of fees, including application, origination, and prepayment fees. Our bank partners don't charge any of these, and all payments are fully disclosed on your loan amount agreement.
Loan rates: Comparing loans’ APR’s could be more helpful than looking at their interest rates.
Lender benefits: Some lenders may offer additional tools and resources to borrowers. For example, RISE loans through CCBank and FinWise gives you five business days to decide if you want to keep your loan. If you change your mind, you can return the loan principal without paying any fees. RISEcredit.com also offers a variety of free financial education resources and tools.
Your payment activity will be reported to TransUnion and Experian. On-time payments could help you build a good credit history and may increase your credit scores. Payday loans rarely report your payments to a credit bureau.
Financial education at your fingertips.
We know you face important financial decisions every day and we are here to help! The Financial Education Center from CCBank will equip you with the critical knowledge and skills you need to make the financial decisions that are best for you. Click here to learn more!