Fort Worth Payday Loans
An OppLoans Guide to Getting The Help (and The Loan) You Need

Ah, Fort Worth. What could make the city of Cowboys and Culture even better? Well, being able to afford living there for one thing. Fort Worth is a big, iconic, typically-Texan city. And it’s got it all: history, art, military museums, the Fort Worth Zoo and Botanic Gardens, and more. Unfortunately, not all residents of Fort Worth are able to enjoy the finer things the city has to offer. There are many people in the Dallas-Fort Worth metro area that struggle every day to pay their bills and put food on the table.

Borrowing Money in Fort Worth

Sometimes it feels like there aren’t any good options for getting fast cash. The resources above are great for specific social services, but what if you’re in a bind and just simply need money? Most people end up turning to loans. Unfortunately, there are many predatory lenders out there that profit from high-cost, unfair loans. If you’re shopping around for a new loan in Fort Worth, make sure you understand all the rates and terms involved before deciding.

Fort Worth Payday Loans
Quick cash for emergencies might create financial emergencies.

Fast cash may sound good if you’re in a bind. However, taking out the wrong kind of loan can mean a lot of trouble down the line. Payday loans are widely available in Fort Worth, but taking out one of these high-dollar, short-term loans will quickly teach you the cost of payday lending in Texas.

A payday loan is one that you take out with the promise that you will return the money with your next paycheck. In addition to returning the amount you borrow, you’ll also be forced to pay very high interest rates and additional fees. These loans are usually only two weeks to a month long, which means you don’t have much time to pay off your balance. This is when things start to become even more expensive.

Many people are unable to pay the loan on the due date because of the short terms and expensive rates. This leads to a process called “rollover”. Rollover means extending your loan and paying an additional fee to do so. Ideally, a payday loan would last a couple weeks or maybe a month. But according to the Consumer Financial Protection Bureau, payday borrowers are in debt for an average of 11 months or longer.(2) The longer you extend the loan, the more you’re paying over time.

This is all perpetuated by the state of Texas, which doesn’t have very many regulations to control these dangerous loans. In Texas you’ll find average APRs for payday loans hovering around 457-522% for loans lasting 19-152 days.(3)

If you live in Fort Worth, Texas and you need help with a tough financial situation, keep in mind that the price for a payday loan will be about twice as much as other states.(4)3 Do your research and find an option that won’t leave you in debt. Contact the Texas Fair Lending Alliance with any questions or concerns about payday loans in Fort Worth.

Auto Title Loans in Fort Worth
Don’t lose your car for a dangerous cash loan.

Auto title loans are one option if you’re looking for some fast cash in Fort Worth. They’re easy to get and you can get several thousand dollars. But tread carefully with these high-interest loans, because if you don’t, it could mean losing your vehicle. Do some research and you’ll quickly learn the perils of a car title loan.

To get a title loan in Fort Worth you’ll need to own a car. If you do, they’re very easy to get. You’ll offer up the title to your vehicle as collateral to secure the loan. This means that the lender has the security of taking away your vehicle if you don’t pay them back. This is the most dangerous thing about car title loans. No one wants to have their car repossessed.

In addition to the risk of losing your car, truck or motorcycle, you’ll also be agreeing to pay outrageous interest rates and fees. Unfortunately, there aren’t very many regulations or laws to stop these lenders from charging excessive fees in Texas. An average APR in Texas is between 243-289% for title loans lasting 30-191 days.2 This makes it very difficult to pay back the loan on time, if at all.

Luckily, you don’t have to settle for these risky loans. There are other ways to get cash in Fort Worth. Contact the Texas Office of Consumer Credit Commissioner or the Consumer Financial Protection Bureau if you have questions about auto title loans in Fort Worth.

Pawn Shop Loans in Fort Worth
Interesting items and high-cost loans.

Most people have walked around a pawn shop at some point. They are interesting places where you can find items from all walks of life. Looking for a bass guitar? Some jewelry? What about a combination DVD/VHS player? Odds are you’ll find all of these things in a pawn shop. You’ll also find high-cost, short-term loans that can be hard to pay off.

To “pawn” something simply means to offer a valuable item to the pawn shop in order to get a small cash loan. You can pawn a wide range of items. The catch is that failure to pay back the loan means the pawn shop can sell your item to make their money back. In addition, the amount you get won’t even equal the full value of the item — it will equal only a fraction of what that item’s actually worth. So you’ll be risking the loss of valuable items for very small amounts of cash.

In Fort Worth, pawn shop loans can’t be longer than 30 days, but the interest can be as much as 240%.(5) Paying off this high-interest, short-term loan might be more difficult than you think. Don’t risk losing your valuables.

There are safer options for getting emergency cash in Fort Worth. If you have questions about pawn shop regulations, feel free to call the Consumer Helpline of the Texas Office of Consumer Credit Commissioner at (800) 538-1579.

Texas Subprime Reports

See more local Texas guides below:

Arlington | Austin | Dallas | El Paso | Fort Worth | Houston | Irving | Killeen | McAllen | Plano | Round Rock | San Antonio | Tyler | Waco


  1. Hirst, Caty. “Homelessness in Fort Worth a cycle of despair, frustration.” Star-Telegram. October 18, 2015. Accessed March 3, 2016
  2. Wheeler, Jason. “The Debt Trap: The cost of payday lending in Texas” WFAA8 ABC. February 7, 2015. Accessed February 17, 2016.
  3. Pulling Back the Curtain: Shining A Light on Payday and Auto Title Loan Businesses in Texas.” Texas Appleseed. Accessed February 9, 2016.
  4. “FAQs” Texas Fair Lending Alliance. Accessed February 9, 2016.
  5. “Texas Pawnshop Rate Chart – July 1, 2015 to June 30, 2016 Only.” Texas Office of Consumer Credit Commissioner. Accessed February 9, 2016.

*OppLoans is not affiliated with any of the programs, services or organizations referenced on this page.