Installment Loans in Irving, TX
How installment loans work in Irving
An installment loan gives you the full amount up front and you repay it in equal monthly payments over a set term — often 3 to 36 months. Because repayment is spread out, each payment is smaller than a single lump-sum payday repayment, and you always know your payoff date.
Sample monthly payments
| Amount | 6 months | 12 months | 24 months |
|---|---|---|---|
| $1,000 | $181.54 | $97.48 | $55.91 |
| $2,000 | $363.09 | $194.96 | $111.82 |
| $3,000 | $544.63 | $292.45 | $167.72 |
| $5,000 | $907.72 | $487.41 | $279.54 |
Illustration at 29.99% APR. Your rate and term come from the lender and depend on your credit, income and Texas law.
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Irving, TX.
The median household in Irving earns $81,830 a year, about the same as the Texas median of $78,476. About 11% of residents live below the federal poverty line, and 61.9% of households rent their home.
Texas law that applies in Irving
| Rate cap | Under the true-daily-earnings method: 30% a year on the part of the cash advance up to the first bracket, 24% up to the second, and 18% up to the third. |
|---|---|
| License required | A Chapter 342 license is required to make, transact or negotiate loans that charge more than other law allows. |
| Loan sizes covered | The tiered rates apply to cash advances up to $23,000 (2026-27 bracket). |
Full rules with statute citations: Installment Loans in Texas. Cities in Texas cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a installment loan in Irving
Lenders that serve Irving typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Irving
What Irving borrowers use it for
handle the unexpected the same week
Rent duecover a short gap before payday
Medical billspay a doctor, dentist or pharmacy bill now
Holiday expensesgifts and travel without maxing a card
Loans for your situation
How to get a installment loan in Irving
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Nearby cities
County: Dallas County · Payday Loans in Irving · Title Loans in Irving
Frequently asked questions
Can I get a installment loan with bad credit in Irving?
Possibly. Lenders in our network consider applicants with fair and bad credit across Texas, including Irving. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on installment loans in Irving, TX?
Tiered caps for licensed Chapter 342 lenders: up to 30% a year on the first $4,600, 24% on the part from $4,600 to $9,660, and 18% on the part up to $23,000 (amounts for loans made July 1, 2026 to June 30, 2027). Small loans up to $1,840 may instead use an acquisition charge plus a monthly handling charge, which produces much higher APRs.
How fast can I get a installment loan in Irving?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
What credit score do I need for a installment loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Irving with our free 3-minute form.
How long does it take to get a installment loan in Irving?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Irving.
What is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Installment loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Irving borrowers who qualify.
Can I get a installment loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
How do installment loans work in Irving?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Irving residents can see installment loan offers with our free 3-minute form.
Do I need to visit a store in Irving?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.