Disclosures

We are a loan request service, not a lender

West Texas Finance does not make loans, broker loans for a fee paid by you, or make credit decisions. We collect the information you enter in a loan request and may share it with lenders and lending partners in our network. Each lender decides independently whether to make an offer and on what terms. Our network does not include every lender available in Texas.

Compensation

Lenders and partners may pay us for receiving loan requests or when a loan is funded. You do not pay us anything. Compensation can affect which partners receive a request. Each lender sets its own APR and fees.

Representative example

APRs on installment and personal loans in Texas can range from single digits for borrowers with strong credit to well above 100% for small, short loans to borrowers with weaker credit. Example only, not an offer: a $2,000 loan repaid in 24 monthly payments at 35.99% APR has a payment of about $118.08 and a total of payments of about $2,834.02, so the loan costs about $834.02. Some lenders also charge an origination or acquisition fee, which is included in the APR they disclose.

Credit checks

Credit-check policies differ by lender. Lenders that review your request may check your credit with a major bureau or a specialty consumer reporting agency, and some do so with a hard inquiry once you move forward with an offer. Each lender's disclosures tell you which.

Non-payment

If you miss payments, the lender may charge late fees as allowed by its agreement and Texas law, report the delinquency to credit bureaus and start collection activity. A loan sold or placed with a collection agency stays your obligation. Renewing or refinancing can add cost; ask the lender for the total before you agree.

Texas notice

The Office of Consumer Credit Commissioner licenses and examines Texas consumer lenders and credit access businesses. Questions or complaints: OCCC, 2601 N. Lamar Blvd., Austin, TX 78705, (800) 538-1579, occc.texas.gov.

Military borrowers

If you are an active-duty service member or a covered dependent, the Military Lending Act limits the Military Annual Percentage Rate on most consumer credit to 36% and bans certain terms. Free help is available from the legal assistance office on base, such as at Dyess AFB, Goodfellow AFB or Fort Bliss.