Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Credit Unions vs Payday Loans in Fort Worth, TX
11 credit unions are headquartered in Fort Worth, with 757,382 members in total. Credit unions are member-owned and often offer small personal loans and payday alternative loans (PALs) at far lower rates than payday lenders.
- Credit unions
- 11
- Members
- 757,382
- Federal
- 6
- State-chartered
- 5
Credit unions vs payday loan stores in Fort Worth
Fort Worth has 51 payday, installment and title loan stores but only 11 credit unions headquartered here — about 4.6 loan stores for every credit union. Local credit unions count 757,382 members — roughly 77 memberships per 100 residents.
Credit unions
11
1.1 per 100k residents
757,382 members
Payday & loan stores
51
5.2 per 100k residents
11 store chains
Biggest loan store chains in Fort Worth: ACE Cash Express (14), TitleMax (11), Texas Car Title and Payday Loan Services (5), OneMain Financial (4), Cash Store (3).
What a $500 loan costs over 3 months
| Option | Payment | Total cost |
|---|---|---|
| Payday loan, re-borrowed 6 times (~662%+ APR) | $75.00 every 2 weeks | $450.00 |
| Credit union PAL, 3 monthly payments (28% APR + $20 fee) | $174.50 a month | $43.51 |
- You keep with a credit union PAL over 3 months
- $406.49 payday costs 10× more
Payday: a typical fee of $75 on a $500 loan for 2 weeks (TX limits are not set in dollars), paid 6 times in 3 months. PAL: payday alternative loan from a federal credit union, capped at 28% APR with an application fee of up to $20.
What it means for a household in Fort Worth
- Median household income
- $76,043
- Payday fee of $75, share of two weeks' income
- 2.6%
- Hours of work to pay the $75 fee
- 3.9 hours
- PAL payment of $174.50, share of monthly income
- 2.8%
- A $400 emergency equals
- 1.9 days of income
- Households earning under $25,000
- 14.1%
- Residents below the poverty line
- 13.4%
Income and poverty: U.S. Census Bureau, American Community Survey, by ZIP code; figures for Fort Worth are population-weighted and approximate. Hours of work are based on the median individual income.
Payday loans vs credit union PALs: the rules in Texas
| Payday loan in TX | Credit union PAL | |
|---|---|---|
| Legal status | Allowed | Offered by many federal credit unions |
| Loan amount | No limit (CSO Model) | $200 – $2,000 |
| Fee limit | No state cap (fees set by city ordinances) (Varies) | Application fee up to $20 |
| Typical APR | ~662%+ | Up to 28% |
| Term | Usually 2–4 weeks, due in one payment | 1 to 12 months, in installments |
| Credit check | Usually none; a bank account and income are required | Membership required; payments can be reported to credit bureaus |
Payday rules: Texas law as summarized on our Texas payday page. PAL rules: National Credit Union Administration (NCUA) rules for federal credit unions (PAL I and PAL II); state-chartered credit unions may offer similar small loans.
Credit unions headquartered in Fort Worth
| Credit union | Address | Members | Website |
|---|---|---|---|
| American Airlines Federal Credit UnionFederal | 14050 Faa Blvd Fort Worth, TX 76155 | 388,005 | aacreditunion.org |
| Eecu Credit UnionState-chartered | 1617 W 7th St Fort Worth, TX 76102 | 307,907 | eecu.org |
| Unity One Credit UnionState-chartered | 6701 Burlington Blvd Fort Worth, TX 76131 | 24,949 | unityone.org |
| Fort Worth City Credit UnionState-chartered | PO Box 100099 Fort Worth, TX 76185 | 16,282 | fwccu.org |
| Tarrant County's Credit UnionState-chartered | 200 Taylor St Ste 215 Fort Worth, TX 76196 | 11,314 | tccu-tx.com |
| Alcon Employees Federal Credit UnionFederal | 6201 South Fwy Fort Worth, TX 76134 | 2,619 | alconefcu.org |
| Texas People Federal Credit UnionFederal | 4613 Wellesley Ave Fort Worth, TX 76107 | 1,927 | fwtpfcu.org |
| Ben E Keith Company Employees Federal Credit UnionFederal | PO Box 2628 Fort Worth, TX 76113 | 1,623 | bekeithfcu.com |
| Member Preferred Federal Credit UnionFederal | 340 S Blue Mound Rd Ste 342 Fort Worth, TX 76131 | 1,393 | memberpreferredfcu.com |
| Natural Resources Conservation Serv Federal Credit UnionFederal | P O Box 6567 Fort Worth, TX 76115 | 695 | nrcscreditunion.org |
| Highway District 2 Credit UnionState-chartered | 6112 Mccart Ave, Suite 205 Fort Worth, TX 76133 | 668 | dist2cu.com |
Payday and installment loan stores in Fort Worth
For comparison: storefront payday, installment and title lenders in Fort Worth with addresses, phone numbers and hours. Check a credit union first — a PAL or small personal loan usually costs far less.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1029 N Saginaw Blvd Ste F8 Saginaw, TX 76179 | (817) 232-5199 | — | 4.9 |
| 3029 South Fwy Fort Worth, TX 76104 | (817) 921-9722 | — | 4.9 |
| 3905 E Belknap St Haltom City, TX 76111 | (817) 831-6588 | — | 4.8 |
| 4201 E Berry St Ste 22 Fort Worth, TX 76105 | (817) 535-8351 | — | 5.0 |
| 4749 E Lancaster Ave Fort Worth, TX 76103 | (817) 534-0175 | — | 4.9 |
| 5516 River Oaks Blvd Ste B River Oaks, TX 76114 | (817) 735-4963 | — | 4.9 |
| 5820 Camp Bowie Blvd Fort Worth, TX 76107 | (817) 735-8188 | — | 4.9 |
| 6213 Granbury Rd Fort Worth, TX 76133 | (817) 423-1321 | — | 4.9 |
| 6245 Rufe Snow Dr Ste 100 Watauga, TX 76148 | (817) 428-8008 | — | 4.9 |
| 6280 McCart Ave Ste 100 Fort Worth, TX 76133 | (817) 361-0317 | — | 4.9 |
| 6304 Lake Worth Blvd Lake Worth, TX 76135 | (817) 237-4152 | — | 5.0 |
| 6304 Meadowbrook Dr Ste B Fort Worth, TX 76112 | (817) 446-0042 | — | 4.9 |
| 9096 Camp Bowie West Boulevard, Highway 80 W Fort Worth, TX 76116 | (817) 560-8768 | — | 4.9 |
| 9324 Clifford St #108 Fort Worth, TX 76108 | (817) 367-0952 | — | 4.9 |
| 1600 S Cherry Ln White Settlement, TX 76108 | (817) 317-8384 | — | 5.0 |
| 2015 W Berry St Fort Worth, TX 76110 | (817) 317-8332 | — | 4.9 |
| 209 NE 28th St Fort Worth, TX 76164 | (817) 317-8911 | — | 5.0 |
| 220 E Seminary Dr #300 Fort Worth, TX 76115 | (817) 923-1128 | — | 4.9 |
| 3310 Mansfield Hwy Forest Hill, TX 76119 | (817) 317-8913 | — | 5.0 |
| 3411 Sycamore School Rd Ste 101 Fort Worth, TX 76123 | (817) 370-1470 | — | 4.9 |
| 5060 River Oaks Blvd River Oaks, TX 76114 | (817) 378-0355 | — | 5.0 |
| 5100 E Lancaster Ave Fort Worth, TX 76112 | (817) 446-7530 | — | 4.9 |
| 6000 Lake Worth Blvd Fort Worth, TX 76135 | (817) 840-3685 | — | 4.9 |
| 6324 Rufe Snow Dr North Richland Hills, TX 76148 | (682) 233-6007 | — | 4.9 |
| 6620 Camp Bowie Blvd Fort Worth, TX 76116 | (817) 317-8800 | — | 4.9 |
|
Texas Car Title and Payday Loan Services
5 stores in Fort Worth
texascartitleandpaydayloanservicesinc.com
|
|||
| 1516 W Berry St Fort Worth, TX 76110 | (817) 921-0247 | — | 4.8 |
| 2607 Jacksboro Hwy River Oaks, TX 76114 | (817) 626-5300 | — | 4.9 |
| 3909 Altamesa Blvd Fort Worth, TX 76133 | (817) 361-1684 | — | 4.9 |
| 5400 E Lancaster Ave Fort Worth, TX 76112 | (817) 451-1867 | — | 4.9 |
| 6620 Azle Ave Lake Worth, TX 76135 | (817) 237-2900 | — | 5.0 |
| 4608 Bryant Irvin Rd #411 Fort Worth, TX 76132 | (817) 370-0940 | — | 4.3 |
| 6548 Lake Worth Blvd #500 Lake Worth, TX 76135 | (817) 238-0468 | — | 3.4 |
| 8430 East Fwy Ste 110 Fort Worth, TX 76120 | (817) 276-8395 | — | 3.6 |
| 8436 Denton Hwy #211 Watauga, TX 76148 | (817) 788-2871 | — | 3.9 |
| 100 N Saginaw Blvd Saginaw, TX 76179 | (817) 232-8900 | — | 4.8 |
| 3206 Sycamore School Rd Fort Worth, TX 76133 | (817) 361-8110 | — | 4.9 |
| 4869 Bryant Irvin Rd Fort Worth, TX 76132 | (817) 423-9944 | — | 4.9 |
| 6112 McCart Ave 2nd Floor, Ste 201 Fort Worth, TX 76133 | (817) 292-8636 | — | 5.0 |
| 6742 Forest Hill Dr Fort Worth, TX 76140 | (817) 551-1685 | — | 5.0 |
| Ridglea East Office Buliding, 5608 Malvey Ave Ste 220 Fort Worth, TX 76107 | (817) 731-4156 | — | 4.9 |
| 1212 N Beach St Fort Worth, TX 76111 | (817) 813-4296 | — | 5.0 |
| 241 NE 28th St Fort Worth, TX 76106 | (817) 813-4177 | — | 4.9 |
| La Gran Plaza de Fort Worth, 4200 South Fwy Ste 1083 Fort Worth, TX 76115 | (817) 813-4176 | — | 4.9 |
| 1621 W Berry St Fort Worth, TX 76110 | (817) 926-4492 | — | 4.5 |
| 2901 Alta Mere Dr Ste 950 Fort Worth, TX 76116 | (817) 336-2051 | — | 4.8 |
| 5980 Rufe Snow Dr #110 Fort Worth, TX 76148 | (817) 428-2549 | — | 4.5 |
| 2812 N Main St Fort Worth, TX 76106 | (817) 626-2774 | — | 4.8 |
| 4209 E Lancaster Ave Fort Worth, TX 76103 | (817) 534-3093 | — | 5.0 |
| 800 E Seminary Dr Fort Worth, TX 76115 | (817) 927-5020 | — | 4.9 |
| 9112 Camp Bowie West, Ste. 120 Fort Worth, TX 76116 | (817) 560-8467 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 3:00 PM Sun closed |
— |
| 4608 Bryant Irvin Rd Ste 450 Fort Worth, TX 76132 | (817) 984-4274 | — | 4.7 |
More about Fort Worth
Only credit union headquarters are listed, with the address on file with the NCUA; phone numbers and branch locations are on each credit union’s website. Many credit unions also have branches in Fort Worth and nearby — check membership requirements, as some are open to anyone who lives or works in the area. Loan stores: storefront locations of major payday, installment and title lenders; call ahead to confirm hours.