Rates & Fees
Transparency is important to us. Below you'll find detailed information about our rates and fee structure.
In Harlingen, Texas, payday loans are regulated both by state law and local city ordinances. Since we are a matching service and not a lender, the exact APR and fees will be determined by the specific lender you are connected with. Texas lenders typically operate as Credit Access Businesses (CABs), charging a fee for their services in addition to the interest charged by the third-party lender. Harlingen local ordinance No. 15-41 limits loan amounts to 20% of your gross monthly income to help prevent cycles of debt. Always review your loan agreement for the full Truth in Lending Act disclosure before signing.
Annual Percentage Rate (APR)
200% - 650%+
Representative Example
| Loan Amount | Term | APR | Finance Charge | Total Repayment |
|---|---|---|---|---|
| $300 | 14 Days | 664% | $115.15 | $415.15 |
| $500 | 30 Days | 580% | $238.36 | $738.36 |
| $1,000 | 90 Days | 490% | $1,208.22 | $2,208.22 |
This table is for illustrative purposes only. A representative APR for a $500 loan in Texas is approximately 600%, including CAB fees. Actual terms and rates vary by lender, loan amount, and credit history.
State-Specific Information — Texas
Maximum Loan Amount: 20% of borrower's gross monthly income per Harlingen ordinance.
Rate Cap: No state-wide cap; local Harlingen ordinance regulates loan structure.
Regulations: Harlingen Ordinance No. 15-41; Texas Finance Code Chapter 393.
Licensing: Lenders must be licensed Credit Access Businesses (CAB) with the Texas Office of Consumer Credit Commissioner (OCCC).