Lubbock, TX Payday Loan Lenders

9 local stores from 3 companies located in Lubbock, TX
Rating
Reviews
Lender
4.10
100
reviews
Ace Cash Express
Ace Cash Express
has 5 offices
4.90
366
reviews
Advance America
Advance America
has 2 offices
3.75
94
reviews
Check 'n Go
Check 'n Go
has 2 offices

All Lubbock, TX Lenders Offices by Rating

Rating
Office Address
4.90
199 reviews
Advance America
410 Frankford Ave, Ste A, Lubbock, TX 79416 show on map
tel: 806-785-8306
Hours:
Monday: 10AM–6PM
Tuesday: 11AM–5PM
Wednesday: 11AM–5PM
Thursday: 10AM–6PM
Friday: 10AM–7PM
Saturday: 10AM–2PM
Sunday: Closed
4.90
167 reviews
Advance America
3003 50th St., Ste. 500, Lubbock, TX 79413 show on map
tel: 806-784-0412
Hours:
Monday: 10AM–6PM
Tuesday: 11AM–5PM
Wednesday: 11AM–5PM
Thursday: 10AM–6PM
Friday: 10AM–7PM
Saturday: 10AM–2PM
Sunday: Closed
4.50
93 reviews
Check 'n Go
4425 50th St., Lubbock, TX 79414 show on map
tel: 806-785-4500
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–6PM
Saturday: 10AM–2PM
Sunday: Closed
4.30
29 reviews
Ace Cash Express
1301-D 50Th St, Lubbock, TX 79412 show on map
tel: 806-749-3374
Hours:
Monday: 9AM–7PM
Tuesday: 9AM–7PM
Wednesday: 9AM–7PM
Thursday: 9AM–7PM
Friday: 9AM–8PM
Saturday: 9AM–6PM
Sunday: Closed
4.20
33 reviews
Ace Cash Express
502 Ave Q, Lubbock, TX 79401 show on map
tel: 806-744-5101
Hours:
Monday: 9AM–7PM
Tuesday: 9AM–7PM
Wednesday: 9AM–7PM
Thursday: 9AM–7PM
Friday: 9AM–7PM
Saturday: 9AM–6PM
Sunday: Closed
4.10
22 reviews
Ace Cash Express
4646 34Th St, Lubbock, TX 79410 show on map
tel: 806-797-1104
Hours:
Monday: 9AM–7PM
Tuesday: 9AM–7PM
Wednesday: 9AM–7PM
Thursday: 9AM–7PM
Friday: 9AM–7PM
Saturday: 9AM–6PM
Sunday: Closed
3.80
16 reviews
Ace Cash Express
5412 Slide Rd, Lubbock, TX 79414 show on map
tel: 806-792-2540
Hours:
Monday: 10AM–6PM
Tuesday: 10AM–6PM
Wednesday: 10AM–6PM
Thursday: 10AM–6PM
Friday: 10AM–7PM
Saturday: 10AM–6PM
Sunday: Closed
3.00
1 review
Check 'n Go
1803 7th St,Ste 601, Lubbock, TX 79401 show on map
permanently closed
0.00
0 reviews
Ace Cash Express
5510 4Th St, Lubbock, TX 79416 show on map
permanently closed

Latest Reviews

Mrs. De Leon
5 / 5 Apr 6, 2021
about Ace Cash Express's office
502 Ave Q, Lubbock, TX 79401
Robert Martinez
5 / 5 Mar 31, 2021
about Ace Cash Express's office
1301-D 50Th St, Lubbock, TX 79412
Jo Anne Diaz
5 / 5 Mar 15, 2021
about Ace Cash Express's office
1301-D 50Th St, Lubbock, TX 79412

Payday Loans in Lubbock

Payday loan business in Lubbock operates under the Texas law.

In 2017, there was an attempt to pass a local law (ordinance) that would restrict credit access business.

The main points of this law:

  • 1-year certificate for a lender;
  • Payday loan limit amount – 20% of income
  • Saving of all loan transactions;
  • limit to 4 installments payments;
  • limit to 3 renewals of a payday loan;

Who supported the ordinance: West Texas Organizing Strategy and the Lubbock County Democratic Party.

Result: The Lubbock City Council has voted 5-2 against this law

Payday Loans Stats in Lubbock

  • The 2014 year, 33 storefronts, customers paid 9$ mill fees and $21 mill in refincances.
  • The 2019 year, in the Lubbock MSA, were 21 store locations, that made the next numbers:
    • The amount of new payday loans: $10 mln
    • Fee charges: $10 mln
    • Refinances: $15 mln
    • the average loan term for a single payday loan was 16 days
    • the average loan term for an installment payday loan was 170 days
    • the average fee for every $100 single payday loan was $19
    • the average fee for every $100 installment payday loan was $48
Lubbock Residents Debt-to-Income Ratios
Lubbock residents have 669 median credit score and the average number of late payments is about 6.44. Below represented DTI (Debt-to-Income) ratios shows how Lubbock residents debts stacks up against their income. As of 2020.
Credit Card DTI
6.27%
Mortgage DTI
285.85%
Car Loan DTI
43.70%
Student Loan DTI
54.57%
Lubbock Residents Financial Statistics
Below represented statistics is for Lubbock, Lubbock County, Texas. As of 2019.
Median age of Lubbock's residents, years
29
Labour force participation rate, %
65.1%
Unemployment rate, %
3.7%
% of residents with no health insurance
13.0%
Median individual income, USD
$25,634
Median household income, USD
$50,453
% of households with income under $35,000
35.5%
% of households with income $35,000 - $75,000
30.9%
% of households with income $75,000 - $100,000
12.0%
% of households with income over $100,000
21.6%
% of households that own their residence
51.2%
Median home value owned by residents, USD
$137,823
Median rent cost, USD
$955
Rent Burden, %
35.0%
Some official sources of data we used to build this page:
ACS CENSUS IRS USGS
Texas Flag
Lubbock, TX
Payday Loans are legal* in Texas.
Store
9 Local Stores
Company
3 Companies
Review
560 Reviews
Online
YES Online Loans