If you need some help with money in Ennis, we can help. At Texas Loans Now, we give you access to a network of lenders ready to make you an offer on the cash advance or payday loan that you need. The process is simple, quick and you are under absolutely no obligation.
Ennis Payday Loans
Ennis is a city that is rapidly growing along with the rest of the metroplex. At the time this article was written, the population was over 20,000 and growing. This phenomenal growth gives the people of Ennis a lot of options. You have more options for shopping, entertainment, dining and financial institutions. This means that if you need a loan in this city, you have many choices locally. These local choices might not be the best option for you however and we feel that you should consider the online choice. Here is why.
Online Payday Loans In Ennis
You do everything online these days and for good reason. The internet makes everything easier and this applies to loans as well. Getting a quote online makes sense for so many reasons. For starters, it is faster. You are here already and it takes just a minute to complete an application. Much faster than driving to a local Cash Store for example. In addition, the online way affords more privacy. You do not need to be seen going into a payday loan store and you do not have to deal with any people face to face. Finally, with an online network such as the one we use, your approval chances are much better. That local store represents just one lender. If you get denied, you will have to start the process all over again at another store. With our network, if one lender turns you down, your information is securely sent to another in the network. One short application may get you in front of multiple lenders, saving you time and increasing your approval odds.
Getting Your Online Loan Quote
The process could not be easier. As you can see, the quote form is quite simple and is located at the top of this page. Just take a few minutes and enter in your information. The information required is basic. You will need things like your name, number, Ennis address, source of income, etc. Once you complete the form, you will submit your information and it will be securely sent to a lender or lenders in the network. The beauty of a lender network is that if one does not approve you, you get sent to another one until a lender is found that wishes to make you an offer. When a lender sends you an offer, they will provide you with all of the details of the loan including the fees and repayment date. Be sure to read and understand all of the conditions of your loan before you make a decision. If you do not like the terms, you can walk away with no obligation. If you agree to the terms, accept the loan and your lender will deposit the money in your Ennis bank account as soon as the very next business day.
Local Cash Advance Loans in Ennis
If you want to go the local route, you are not alone and you have many choices. Many people choose to go with a local “Cash Store” which has some benefits and some negatives. The benefit is that you may be able to get cash the very same day. The negative is that you will be dealing with one Ennis lender with one set of requirements at a time. What this means that if a lender does not make you an offer, you will have to start all over again at another one and so on and so on.
Getting A Local Cash Loan in Ennis
You have many choices when it comes to payday loan stores serving the Ennis, TX area. Here are some of the top companies including addresses and phone number.
Forney Cash Stores
- 895 N Highway 77
Waxahachie, TX 75165
- 1240 W Belt Line Rd Suite A
DeSoto, TX 75115
Forney Ace Cash Express
- 130 Dallas Hwy Suite A
Waxahachie, TX 75165
Forney Check N Go
- 109 E Ovilla Road
Red Oak, TX 75154
- 3731 Highway 31 W Suite D
Corsicana, TX 75109
Cash Advance & Payday Loan Basics
While we can not go into every detail of payday loans without boring you to death, here are some of the basics that you should know.
Payday Loan Fees
Fees and payday loans and cash advances in Ennis can be very high. The lender will charge you a fee per $100 borrowed. If you calculate that out into an APR, the rates will be extremely high, in the 400% range. Consider the fees before you accept the loan. Weigh the cost of the fees versus any late fees that you might be charged if you do not get the loan. Also consider alternative sources of funding and borrow only what you need. Because the fees are based on the amount borrowed, the more you borrow, the more fees you will have.
Payday Loan Terms
Terms are also a potential issue with cash advance loans in Ennis. The reason being that they are very short. Most loans are due to be repaid within two weeks or less. This is why they are often called payday loans because they are meant to be repaid at your next payday. If you do not think that you will be able to repay the loan within such a short time period, it may be best to avoid this type of loan. Failure to pay the loan back in time will result in additional fees, raising the loan costs even higher.
Final Word On Ennis Payday Loans
In conclusion, if considering one of these loans you must weight the cost of the loan versus the cost of not having the loan. In addition, you should make sure that repaying the loan is a possibility. Although many lenders will look at your ability to repay the loan, you still may be offered one that you can not afford so this important decision is best made by you. Remember, payday loans are meant for short term financial help. They should not be used as a long term financial solution.