Age & Residency
You must be at least 18 years old and a legal U.S. resident or citizen with a valid ID.
Bad Credit Loans in Texas
Texas residents with poor credit can compare personal and installment loan offers from multiple lenders. Review transparent APRs and flexible repayment terms to find a suitable option.
What Is a Bad Credit Loan?
A bad credit loan is a personal loan for borrowers with FICO scores below 580, a range often classified as 'poor.' Instead of focusing only on your score, lenders assess eligibility by reviewing verifiable income, debt-to-income ratio (DTI), and bank account history. Loan amounts typically range from $500 to $10,000 with 6- to 60-month repayment terms, depending on the lender and state regulations.
Best forIdeal for borrowers with past credit issues like missed payments or collections who want to compare loan terms before committing.
Compare RatesFast Funding
Many Texas lenders can process applications within one business day. Once an agreement is finalized, funds are often deposited directly into your bank account.
Bad Credit OK
Even with a FICO score below 580, Texas residents may qualify for a loan. Lenders often consider factors beyond credit history, such as income and employment.
Trusted Lenders
All partner lenders hold active licenses from the Texas Office of Consumer Credit Commissioner (OCCC) and comply with Texas Finance Code Chapter 342 disclosures.
What Lenders Typically Require
The request may take a few minutes. Here's what most Texas lenders require before they can review your information and decide whether to offer credit.
Steady Income
A verifiable and recurring source of income is needed to demonstrate you can repay the loan. This can come from employment, benefits, or other stable sources.
Active Bank Account
A valid U.S. checking account is required for depositing the loan funds and processing automatic repayments.
Texas State Regulations
Legal lending restrictions for TX residents.
Max Loan Amount
$1,500 (payday/CAB); no cap for installment loans
Based on Texas statutes
Max Term
Up to 36 months for installment loans
Maximum allowed repayment window
APR/Fees
No statewide APR cap for installment loans
Legal cap in Texas
Rollovers
Restricted
Texas law and local ordinances limit rollovers for short-term loans to prevent debt cycles.
Information provided is for educational purposes only. Borrowers are encouraged to review all loan terms carefully before signing. Interest rates and fees vary by lender and loan type.
Local Texas Insights
Market Insight: Texas
Unlike neighboring New Mexico (36% cap) or Arkansas (17% cap), Texas has no statewide APR cap for personal installment loans. Consequently, rates for bad-credit borrowers can vary widely, making careful comparison of offers essential.
Borrower Protection
Texas borrowers are protected by the Office of Consumer Credit Commissioner (OCCC). If a lender violates disclosure rules, file a complaint at occc.texas.gov. Additionally, major cities like Houston and Dallas have local ordinances that restrict payday loan fees and rollovers.
Jordan T.
“The application flow was clear and I knew exactly what to prepare before submitting. Funds reached my account the next business day.”
Monica R.
“I used the resources and calculators first, then compared options with much more confidence. The APR breakdown made the math obvious.”
Devon K.
“Their pre-qualification flow showed me three lenders with no origination fee — I would have missed that on my own.”
Priya S.
“Every offer showed APR and total repayment cost up front. No hidden fees in the fine print.”
Andre L.
“I expected to get rejected with my score, but two partner lenders responded with available terms.”
Why Texas residents choose Bromoney
We simplify the search by connecting Texas residents exclusively with OCCC-licensed lenders who adhere to the Texas Finance Code. This allows you to submit a single request and compare multiple installment loan offers, complete with disclosed APRs and terms, before you commit.
Stay ahead with the Bromoney Payday Loan Calculator
Estimate exactly how much you'll owe before you commit. Enter your loan amount and repayment term to see total costs, including fees and interest, laid out clearly.
Calculate my loanBad Credit Loan vs. Alternatives
Secured Personal Loan
Asset-backed financing that can offset a low credit score and reduce your APR.
- APRs often range from 8–18%, well below the 25–36% typical of unsecured bad credit loans.
- Requires collateral, such as a vehicle, savings account, or other qualifying asset.
- Defaulting puts the pledged asset at risk of repossession or liquidation.
Credit Union Payday Alternative Loan (PAL)
A federally regulated small-dollar loan built to replace high-cost payday borrowing.
- The APR is capped at 28% by the National Credit Union Administration (NCUA).
- Loan amounts run from $200 to $2,000 with repayment terms up to 12 months.
- Credit union membership is required, typically for at least one month before you can apply.
State Availability & Regulations
Bad Credit Loans
Availability and terms for bad credit personal loans vary by state. For example, California caps APRs at 36% on loans under $10,000. Other states may allow higher rates. It's crucial to check your state's specific APR limits and loan caps before applying. Note that some lending services may not be available in all states, such as NY, AR, VT, and WV.
Questions about this product
Can you get a loan with bad credit in Texas?
Yes. Many licensed Texas lenders evaluate applications based on income and employment status, not just a FICO score. Borrowers with scores below 580 may still qualify for personal installment loans by connecting with OCCC-licensed lenders. Since loan amounts, APR, and terms vary, comparing offers is critical.
Where can I get a loan with bad credit in Texas?
Options include direct online lenders licensed by the Texas OCCC, credit unions with flexible underwriting, and financial marketplaces for comparing multiple offers. Always verify a lender's OCCC license at occc.texas.gov before providing personal information to avoid unlicensed operators.
How to get a small loan with bad credit in Texas?
First, check your credit report for errors at AnnualCreditReport.com; correcting them can improve your score. Next, calculate your debt-to-income ratio (DTI), as lenders often prefer it below 45%. When applying, be prepared to provide proof of income, a valid ID, and an active bank account to expedite the process.
What are the lending laws for bad credit loans in Texas?
Texas does not impose a statewide APR cap on personal installment loans, so rates can be high for borrowers with poor credit. However, all lenders must be licensed by the Office of Consumer Credit Commissioner (OCCC) and comply with Texas Finance Code Chapter 342, which mandates full disclosure of all terms before signing. Additionally, major cities have local ordinances capping certain loan fees and restricting rollovers.
Where is the best place to get a loan with bad credit?
For borrowers with a FICO® score below 600, an online loan marketplace is one of the most practical starting points. BroMoney connects bad-credit borrowers with 1,200+ licensed U.S. lender partners, including lenders that specifically work with lower credit profiles. The application uses a soft inquiry that does not affect your FICO® score. The free application takes about 5 minutes, and approval is subject to individual lender review criteria. In practice, comparing personalized offers side by side lets you review actual rates and terms before committing to any lender.
Can you get a loan with a bad credit FICO® score?
Yes, getting a loan with a bad credit FICO® score — generally below 580 per FICO's own classification — is possible. BroMoney's network of 1,200+ licensed U.S. lenders includes lenders who specialize in borrowers with scores below 600. In practice, matching through BroMoney uses a soft inquiry that does not affect your FICO® score. Approval is not guaranteed, as each lender sets its own criteria, including income and debt-to-income ratio. Borrowers with lower scores typically receive offers with higher APR (Annual Percentage Rate), which varies by lender and state law. Lenders on the BroMoney network are experienced working with subprime borrowers.
More solutions
All the other ways you can borrow
We bridge the gap between your financial goals and premier lending services nationwide.
This page is informational and does not guarantee approval. Actual rates depend on your lender and Texas regulations.
Ready to Take Control of Your Finances?
Join millions of Americans who trust our platform to compare rates, find the best loans, and rebuild their credit — all in one place
Bank-level 256-bit encryption