Disclaimer For Texas Borrowers
The rates and fees you will be charged will vary by state and based on your qualifications. Please review all disclosures and loan documents for your rates and fees before signing any loan documents. If you have any questions, please contact us at [email protected]
Texas CSO
Solve Finance Corp. is registered as a Credit Services Organization in the state of Texas. We provide:
- Credit report monitoring
- Scanning for savings and shopping for better borrowing options
- Rent reporting to credit bureaus
- Budgeting help (all to help you graduate to lower cost forms of borrowing from us or other lenders)
- Most importantly for Short-Term loans, we guarantee performance of your loan to the lender
CSO Fees
Solve Finance will attempt to arrange for a loan between you and a third-party lender and provide a guarantee to that third-party lender. If you have any questions regarding the services provided by a CSO, please address all questions or comments to Solve Finance at [email protected] and not the third-party lender.
Short-Term Loan Amount & Terms for Texas
We can offer one particular loan program to borrowers who would otherwise be denied larger and longer-term Personal Loans. In this “Short-Term Loan” program:
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The minimum loan amount available to Texas customers is $400
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The maximum loan amount available to Texas customers is $1000
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Loan Terms are under 6 months. This is a short-term product, not meant to be used repeatedly, or ideally even for the full six months.
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Total Interest and CSO Fees Rate: Combining both the Interest Rate and CSO Fees expressed as an Annual Percentage Rate. The APR may be as high as 200%.
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The Third-Party Lender will charge an interest rate and the Credit Service Organization will also charge fees.
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Actual loan terms may vary based on applicant’s qualifications.
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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.
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You may pre-pay your loan at any time without penalty and only pay interest accrued and fees earned up to the date.
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 Fees will vary based on your loan amount and qualifications. The Third-Party Lender will also charge interest.
CLICK BELOW FOR AN EXAMPLES OF CONSUMER DISCLOSURE FORMS. 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)