12/12/2022
The capital of Texas has become a cultural, economic and technological hub. Because of its progress, Austin residents have more options for personal loans when they need them. Here's a look at what financing options are available in this city.
Where to find personal loans in Austin
As a thriving and progressive city, Austin has no shortage of options for online and offline financing. Whether it's an emergency, a home repair, an event or a vacation, a personal loan can help you get extra cash.
With low interest rates and amounts up to $100,000, there are plenty to choose from.
Here, as in most U.S. states and major cities, the culture of financing is widespread. That makes it much easier to get a personal loan, payday or title loan or other extra cash in a short amount of time.
- Loan amount: between $ 100 and $ 35,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 6.63% and 485% APRAddress: 1125 E. Broadway #545, Glendale, CA 9120
- Loan amount: between $ 500 and $ 50,000
- Term: entre 15 days y 120 months
- Extra:Fast loans up to $50,000 for whatever you want.
Interest rates from 6% to 439% APR
Finansi Group SL - Calle de las Barcas 2 Piso 2, 46002, Valencia
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 1728 months
- Extra:Fast online loans even with bad credit.Interest rates between 5.99% and 35.99% APR
3315 E Russel Rd Ste A-4 Box #105, Las Vegas, NV 89120
- Loan amount: between $ 500 and $ 10,000
- Term: entre 3 y 36 months
- Extra:Interest rates between 5.99% and 35.99% APRAddress: Chief LLC, 2661 N Pearl St #431 - Tacoma, WA 98407
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 3 y 720 months
- Extra:Interest rate from 5.99% to 35.89% APRAddress: 278 EAST 1875 SOUTH Roosevelt, UT 84066
- Loan amount: between $ 50 and $ 2,500
- Term: entre 7 days y 12 months
- Extra:Fast loans online and offline, even with bad credit.Interest rate starting at 83% APR.Address: 300 E. John Carpenter Fwy, Ste. 900, Irving, Texas, 75062
- Loan amount: between $ 1,000 and $ 35,000
- Term: entre 6 y 72 months
- Extra:Interest rate from 5.99% to 35.99% APR - 216 E 4th St, Austin, TX 78701
- Loan amount: between $ 300 and $ 5,000
- Term: entre 14 days y 12 months
- Extra:Consult with the entity the interest rate and the APRAddress: 2929 Floyd Street, Burbank 91504 CA
- Loan amount: between $ 200 and $ 5,000
- Term: entre 7 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 100 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,500 and $ 20,000
- Term: entre 24 y 60 months
- Extra:Fast online and offline loans, also securedInterest rate from 18% to 35,99% APR
Address: OneMain Holdings, Inc. 601 N.W. Second Street Evansville, IN 47708-1013
- Loan amount: between $ 200 and $ 5,000
- Term: entre 14 days y 24 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 500 and $ 12,000
- Term: entre 24 y 60 months
- Extra:Secured personal loans up to $12,000 Interest rates from 24% to 35,99% APR
Address: Regional Management Corp. 979 Batesville Road, Suite B Greer, SC 29651
- Loan amount: between $ 200 and $ 5,000
- Term: entre 1 days y 12 months
- Extra:Interest rate between 4.99% and 450% APRAddress: 1041 4th Avenue, Suite 302, Oakland, CA 94606
- Loan amount: between $ 1,000 and $ 25,000
- Term: entre 12 y 60 months
- Extra:Quick cash loans, mortgages and auto loans.Interest rates from 16% to 35,99% APR
Address: Mariner Finance, LLC. - 8211 Town Center Drive, Nottingham, MD 21236
This applies to traditional banks, credit unions, online platforms, fintechs and different lenders.
Once you choose the most convenient option, we think it is important that you consider the differences between local or national companies and evaluate whether it is better to do it in person or online.
If you prefer greater convenience and a more agile process, online financing is ideal. If you want in-person attention, any bank can help you. Entities with more branches at the city are: Wells Fargo, Chase Bank, Bank of America, PNC Bank, Frost Bank, Truist Bank and Prosperity.
Types of loans, rates and requirements
There are several types of loans you can apply for in Austin or in the United States. The most popular are personal loans, quick installment loans and bad credit loans. In order for you to know their differences, we will describe their main characteristics:
Quick loans and car title loans
Despite its widespread use, this type of financing is the most expensive, with APRs that can reach up to 1,500% annually and a surcharge of 10-15% for every $100 borrowed.
The terms for these modalities are usually from 7 to 31 days and you have the option of "rollover", which allows you to extend the time by paying additional fees. While quick loans or payday loans are unsecured, title loans require the title of the vehicle as collateral to give you the money.
Quick installment loans
These mini-loans are not very different from personal loans. The basic differences are 2: less time to pay back the money and amounts that do not exceed $5,000. The interest rate for these products can be as high as 225% and the terms range from 6 months to 3 years.
Personal Loans
This type of financing can be secured or unsecured. The amounts are higher, starting at $5,000 and can go up to $100,000 if you have an excellent FICO credit score.
The time to repay ranges from 6 months to 5 years and there are a variety of lenders that offer you an APR starting at low rates, but can be higher depending on your credit history and other factors.
What are the requirements to get a loan in Austin?
Among the most common requirements to apply for a personal loan in Austin, you need to:
- Have Texas residency or be a U.S. citizen.
- Have a savings or checking account with direct deposit.
- Receive a regular income of at least $1,000 per month (salary, pension, self-employment).
- Have a Social Security number if applying online.
- Provide verifiable employment data, address, phone numbers (home and office) and email address.
- Not be an active or reserve member of any branch of the U.S. Armed Forces or a dependent of someone who is.
At Busconomico's comparator we help you find the best personal loans available in Austin.
Getting to know Austin (Texas)
Capital of Texas, the largest city in Travis County. Known as the 4th largest city in the state.
It is home to almost one million people, it is considered the cultural and economic center of the metropolitan area, and it is home to public officials, students, workers, technicians, a large LGBT community, among others.
Ranked at one time as one of the fastest growing cities, it was also described as the best place to live in 2017, 2018 and 2019 (US News).
Due to its great music scene, this urbe promotes the slogan "The Live Music Capital of the World". They also adopted the name "Silicon Hills" in the 90s, thanks to the installation of several technology companies.
It is estimated that Austin generates a GDP of approximately $86 billion and a family has an average income of $55,000. In addition to being considered a technological epicenter, its economy is driven by its renowned universities, biotechnology companies, pharmaceutical companies and food producers.
Companies such as IBM, 3M, Amazon, Apple, Oracle, Xerox, Facebook, Google, Nintendo and more have operations in the Texas capital.
Other large cities in the state of Texas where you can get personal loans are Houston, Dallas or San Antonio. Check with Busconómico for the best financing options for any purpose you have or need that arises.
Español: Préstamos personales en Austin (Texas)