Personal loans in Big Spring, TX
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Big Spring, TX.
The median household in Big Spring earns $67,581 a year, 14% below the Texas median of $78,476. About 17% of residents live below the federal poverty line, and 35.3% of households rent their home. 11.0% of households have no home internet; our form works on any phone.
Texas law that applies in Big Spring
| 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: Personal 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 personal loan in Big Spring
Lenders that serve Big Spring 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 Big Spring
What Big Spring borrowers use it for
cover a short gap before payday
Moving costsdeposits, trucks and first-week expenses
Holiday expensesgifts and travel without maxing a card
Need money nowthe fastest options online
Loans for your situation
How to get a personal loan in Big Spring
- 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.
Banks and credit unions in the area
Banks with branches in Big Spring
8 FDIC-insured bank branches from 7 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Prosperity Bank | 2 | 1411 S Gregg St, Big Spring 79720 |
| The State National Bank of Big Spring | 1 | 901 S Main St, Big Spring 79720 |
| Wells Fargo Bank, National Association | 1 | 400 S Main St, Big Spring 79720 |
| PNC Bank, National Association | 1 | 1500 S Gregg St, Big Spring 79720 |
| Woodforest National Bank | 1 | 201 W Marcy Dr, Big Spring 79720 |
| Western Bank | 1 | 607 Scurry St, Big Spring 79720 |
| Texas Financial Bank | 1 | 711 Scurry St, Big Spring 79720 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Big Spring
5 credit-union locations from 5 credit unions.
| Credit union | Location |
|---|---|
| Cosden | 400 E Marcy Dr, Big Spring 79720 |
| Alliance | 2002 Birdwell Ln, Big Spring 79720 |
| Complex Community | 503 E Fm 700, Big Spring 79720 |
| Citizens | 701 E Fm 700, Big Spring 79720 |
| Big Spring Education Employees | 1110 S Benton St, Big Spring 79720 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Howard County · Payday Loans in Big Spring · Title Loans in Big Spring
Frequently asked questions
Can I get a personal loan with bad credit in Big Spring?
Possibly. Lenders in our network consider applicants with fair and bad credit across Texas, including Big Spring. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Big Spring, 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 personal loan in Big Spring?
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.
Where can I find a loan for bad credit in Big Spring?
You can apply at local banks and lenders in Big Spring, or go online to reach more lenders at once. Banks often have stricter credit requirements, while many online lenders consider all credit types. Our free form sends one request to multiple lenders in our network, so you don't have to apply one by one. Many applicants get a decision within minutes.
How do installment loans work in Big Spring?
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. Big Spring residents can see installment loan offers with our free 3-minute form.
Can I get an emergency loan with bad credit in Big Spring?
Yes, many emergency loan lenders consider borrowers with bad credit. They often put more weight on your current income and ability to repay than on past credit problems. Approval isn't guaranteed, but applying through our network lets you reach multiple lenders with a single request instead of applying again and again. Big Spring residents can see if they qualify in about 3 minutes.
How long does it take to get a personal loan in Big Spring?
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 Big Spring.
Can I get a personal 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.
Do I need to visit a store in Big Spring?
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.