1. Home
  2. Payday Loans

Find the Best Payday Lenders in Waco, TX

If you’re short on cash and can’t wait until your next paycheck, a payday loan may be a short-term solution. Before signing any contract, be sure to understand the loan term and APR of payday loans. We researched the best payday loans in Waco to help you find a reputable company.

Take a Financial Relief Quiz

Get matched with an Authorized Partner

Compare Top Payday and Title Loans

Speedy Cash
Overall satisfaction rating
  • Online loan application
  • Offers short-term loans
  • Line of credit loans available
  • Cash for gold services

Apply online!

Learn More Read More
Overall satisfaction rating
  • Receive an immediate decision
  • Loans up to $500
  • Apply online 24/7
  • Available in Waco

CashNetUSA is a payday lender that offers loans to consumers in the United States. It is a part of Enova International, Inc., a publicly-traded company in the financial sector.

Learn More Read More
Check Into Cash
Overall satisfaction rating
  • Online payday loans
  • 5 minute online application
  • Get approved today
  • Quick, easy & confidential

Are you in need of emergency funds? Check Into Cash is your direct lender and one stop money shop for when you need quick cash. At Check Into Cash, we provide online payday loans, in-store title loans and in-store cash advances. With thousands of locations conveniently located near you, you can rest assured that when you visit Check Into Cash our expert team will guide you into finding the best solution for you. Call or visit us today to learn more about our services! Or click the link to the left to start your application today!

700 N. Valley Mills Dr
Waco, TX 76710
(254) 776-5573
Read More

Payday lending is illegal and unavailable to consumers in some states. Payday loans usually have very high interest rates and carry risk. As with any loan, consumers should have a clear understanding of the fees, terms and conditions of any payday loan before borrowing.

How to get a payday loan in Waco


A payday loan is a short-term, high-cost cash or check loan. These loans are usually in small amounts, although Texas does not limit how much can be borrowed. A payday loan typically must be repaid in one single payment by the borrower’s next payday (two to four weeks from contract signing). Repayment can be by check, cashier’s check or electronic debit.

About eight percent of residents have taken out payday loans in Texas. Here are common payday loan requirements:

  • Active checking account
  • Proof of income
  • Valid identification
  • 18 years or older

In Texas, customers typically pay a $23 fee for every $100 borrowed. You may also hear it referred to as a 23 percent interest charge. This is not to be confused with your annual percentage rate (APR), which is used as a way to compare the cost of a loan from one company to another. For example, that 23 percent interest rate would add up to a whopping 574 percent APR for a two-week loan.

Not all lenders have the same fees; there are some low-interest rate payday loans in Waco. To find the best rate, you should compare options from a variety of lenders, including online and storefront payday lenders.

Online payday loans are quick and convenient but susceptible to scams. Storefront payday lenders are a more traditional option if you have questions you want answered in person. You can find out if a payday company is legitimate by checking customer reviews and verifying their listing with the Better Business Bureau.

However, a payday loan may not be the right solution for you. Here are alternatives when you need cash fast:

  • Ask a relative or friend
  • Open a low-interest credit card
  • Ask about a payment plan with your creditors
  • Take out a personal loan
  • Request a paycheck advance

Here are commonly asked questions about payday loans in Waco:

Are payday loans legal in Texas?

Yes. Texas has very weak laws regulating payday loans. There are no legal limits to maximum loan amounts, maximum finance rates and fees (for Credit Access Businesses, such as payday loan companies), finance charges or APRs.

If you live in Waco, can you get a payday loan with bad credit?

Yes. Waco payday loan lenders do not typically check your credit score in order to approve loans.

Can you go to jail for not paying back a payday loan in Waco?

No. Failure to pay back a loan is not a criminal offense and it is illegal for a lender to threaten a borrower with arrest or jail time. The Consumer Financial Protection Bureau says that anyone who is threatened with arrest by a payday loan lender should contact the state attorney general’s office

Payday Loans Reviews

Speedy Cash

Speedy Cash offers “speedy fast” online or in-store Waco payday lending approval, with loans reaching up to $3,000. Texas customers say Speedy Cash’s customer service is outstanding and the experience is simple and easy. Borrowers also appreciate Speedy Cash’s clear terms and conditions, with no hidden fees or surprises.

Speedy Cash Learn More


Since 2004, CashNet USA has helped more than 3 million customers handle financial emergencies with reliable, trustworthy service. Texas customers can get approved for payday loans up to $850 and receive same-day funding with CashNet. CashNet’s in-house customer service team is also available seven days a week to help answer customer questions.

CashNetUSA Learn More

Check Into Cash

Check Into Cash’s payday loans in Texas range from $50 to $1,500 and can be approved in minutes and money can be received in stores immediately. Customers can go online to review Check Into Cash’s rates and get pre-approval, or get a quote by phone. This transparency, coupled with its 20 years of experience and A+ BBB rating, makes Check Into Cash a trusted name in the industry.

Check Into Cash