Personal Loan FAQs
Got questions? We’ve got answers.
Payday and title loans are short-term loans that require the borrower to pay a fee based on the amount of money borrowed. Payday and title loans usually do not report credit to the three major credit bureaus. Traditional installment loans in Houston, TX, are interest-based and are typically repaid over a more extended period. Payments are equal in amount and consist of both principal and interest; thus, if paid early, there is a discount on the interest amount. Guarantee Loan reports every customer’s account activity to all three major credit bureaus. Guarantee Loan is NOT a payday lender and is regulated and examined by the Office of Consumer Credit Commissioner with the state of Texas.
Guarantee Loan gathers information from an applicant and then verifies the information that is given, such as your residence, income, and expenses. We do our best to determine a borrower’s ability to repay the installment loans. We look at each borrower independently and do not rely solely on credit scores or models when making a decision. Guarantee Loan does help first-time borrowers establish credit, and in some cases, we can help re-establish credit through our easy personal loans in Houston, TX. We take all of the factors into consideration upon determining what amount of money an individual is qualified to borrow.
Yes. As one of the best installment loan companies in Houston, TX, we have built relationships with our customers over the years and have many repeat customers. We value the relationships we have established. In fact, many of our short term loan customers refer business to us.
Yes. Each location has staff members who speak Spanish and are eager to assist with the loan process.
Must be 18 years old Must have a valid Texas driver’s license or ID Must have a valid social security number Must have a verifiable source of income Must have a verifiable residence Must not be a member or dependent of a military household Must have the ability to repay the loan