Credit Rates & terms
Texas Rates & Terms
Galt Credit Personal Loans in Texas
Rates & Terms for Texas
Disclaimer For Texas Borrowers
The rates and fees you will be charged will vary by state and based on your qualifications. Please review your loan documents for your rates and fees, before signing the loan documents. If you have any questions, please contact us.
Texas CAB License
Galt Credit LLC obtained a license with the Texas Office of Consumer Credit Commissioner. You may contact the Consumer Credit Hotline for information or assistance. Office of Consumer Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas
Phones: 78705-4207, (800)538-1579
Emails:
consumer.complaints@occc.texas.gov or occc.texas.gov.
The Loans or extension of credit obtained through an installment or payday loan is not intended to meet long-term financial needs and should only be used to meet immediate short-term cash needs. Refinancing the loan rather than paying the debt in full when due will require the payment of additional charges.
Please call us at 800-402-8845 and your Loan Officer will provide you of the exact rate, fee and payments for your loan.
Loan Amount & Terms for Texas
CSO/CAB Installment Loan.
GALT FINANCIAL SOLUTIONS LLC is a Credit Service Organization and a Credit Access Business (“CSO/CAB”).
Galt Credit will attempt to arrange for a loan between you and a third-party lender, service that loan if the loan is funded and provide a guarantee to third-party lender. If you have any questions regarding your loan or services provided by the CSO/CAB, please address all questions or comments to: GALT FINANCIAL SOLUTIONS LLC. (888-743-6229) and not the third-party lender.
- The minimum loan amount available to Texas customers is $100.00
- The maximum loan amount available to Texas customers is $1000.00*
- Loan Terms are Approximately 4-10 months
- Total Interest and CSO/CAB Fees Rate: Combining both the Interest Rate and CSO/CAB Fees express as an Annual Percentage Rate. The APR may be 599% APR however rates and interest may vary based upon on the loan amount and applicant’s qualifications.
- The Third-Party Lender will charge an interest rate not to exceed 10.00% per annum and the Credit Service Organization/Credit Access Business will also charge fees.
- Actual loan terms may vary based on applicant’s qualifications.
- Number of payments is determined by your employment pay frequency. Your loan will be contracted for at least 120 days and not more than 180 days.
- You may pre-pay your loan at any time without penalty and only pay interest accrued and fees earned up to the date of in which you have incurred.
You have the right to cancel your loan within 3 calendar days of signing your loan docs. Cancellation Forms will be provided with your Loan Documents.
*All Fees, Interest and Loan Terms are subject to vary by state
Please see below for additional loan details –
Sample Fees and Rates
The CSO/CAB Fees will vary based on your loan amount and qualifications. The Third-Party Lender will also charge interest at a Rate not to exceed 10% APR.
CLICK BELOW FOR EXAMPLES OF CONSUMER DISCLOSURE FORMS WHICH ARE REQUIRED BY LAW. THESE ARE EXAMPLES OF THE TOTAL COSTS AND FEES ASSOCIATED WITH THE DIFFERENT LOAN AMOUNTS OR PAYMENT SCHEDULES. (PLEASE NOTE YOUR ACTUAL PAYMENTS MAY VARY)
$1,000 LOAN EXAMPLES
Fee Schedules
Bi-Weekly 12 Payments Installment Loan
|
Annual Percentage
Rate |
Finance
Charge |
Amount
Financed |
Bi-Weekly
Payments #1-11 |
Bi-Weekly
Payments #12 |
Total of
Payments |
Total CAB
Fee |
To Unaffiliated
Lender |
|---|---|---|---|---|---|---|---|
|
Bi-Weekly 12 Payments Installment Loan - CAB Fee per $400 is $783.95
|
|||||||
|
598.39%
|
$797.78
|
$400
|
$92.15
|
$91.98
|
$1,197.78
|
$783.95
|
$13.83
|
|
Bi-Weekly 12 Payments Installment Loan - CAB Fee per $500 is $935.84
|
|||||||
|
597.59%
|
$952.81
|
$500
|
$111.78
|
$111.45
|
$1,452.81
|
$935.84
|
$16.97
|
|
Bi-Weekly 12 Payments Installment Loan - CAB Fee per $1,000 is $1,925.92
|
|||||||
|
598.77%
|
$1,960.34
|
$1,000
|
$227.73
|
$227.58
|
$2,960.34
|
$1,925.92
|
$34.42
|
Monthly 5 Payments Installment Loan
|
Annual Percentage
Rate |
Finance
Charge |
Amount
Financed |
Monthly Payments
#1-4 |
Monthly Payments
#5 |
Total of
Payments |
Total CAB
Fee |
To Unaffiliated
Lender |
|---|---|---|---|---|---|---|---|
|
Monthly 5 Payments Installment Loan - CAB Fee per $400 is $530.88
|
|||||||
|
598.54%
|
$541.05
|
$400
|
$188.22
|
$188.17
|
$941.05
|
$530.88
|
$10.17
|
|
Monthly 5 Payments Installment Loan - CAB Fee per $500 is $858.88
|
|||||||
|
598.87%
|
$873.73
|
$500
|
$274.75
|
$274.73
|
$1,373.73
|
$858.88
|
$14.85
|
|
Monthly 5 Payments Installment Loan - CAB Fee per $1,000 is $1,370.23
|
|||||||
|
598.74%
|
$1,395.20
|
$1,000
|
$479.24
|
$479.24
|
$2,396.20
|
$1,370.23
|
$25.97
|
Returned item fee of $30.00 will be applied to dishonored checks.
Late payment Fee of $7.50 or 5% of the late payment amount whichever is great will be applied for payments more than 10 days past due.
This business is licensed and examined by the State of Texas-Office of Consumer Credit Commissioner. Call the Consumer Credit Hotline or write for credit information or assistance with credit problems. Office of Consumer Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207, (800) 538-1579, consumer.complaints@occc.texas.gov.
“An advance of money obtained through a cash advance or auto title loan is not intended to meet long-term financial needs. A cash advance or auto title loan should only be used to meet short-term cash needs. Refinancing the loan rather than paying the debt in full when due will require the payment of additional charges.” The loan information shown here is an example and may not reflect the actual fees and interest charged to a loan provided by the lender or credit access business.
This Site may be accessed from countries other than the United States. This Site may contain products and services or references to products and services, which are not available outside of the United States. Any such references do not imply that such products will be made available outside the United States. If you access and use this Site outside the United States you are responsible for complying with your local laws and regulations.