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 Humble, TX
2 credit unions are headquartered in Humble, with 3,958 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
- 2
- Members
- 3,958
- Federal
- 1
- State-chartered
- 1
Credit unions vs payday loan stores in Humble
Humble has 16 payday, installment and title loan stores but only 2 credit unions headquartered here — about 8.0 loan stores for every credit union. Local credit unions count 3,958 members — roughly 2 memberships per 100 residents.
Credit unions
2
1.1 per 100k residents
3,958 members
Payday & loan stores
16
8.8 per 100k residents
10 store chains
Biggest loan store chains in Humble: ACE Cash Express (3), Texas Car Title and Payday Loan Services (3), OneMain Financial (2), TitleMax (2), Advance America (1).
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 Humble
- Median household income
- $91,193
- Payday fee of $75, share of two weeks' income
- 2.1%
- Hours of work to pay the $75 fee
- 3.3 hours
- PAL payment of $174.50, share of monthly income
- 2.3%
- A $400 emergency equals
- 1.6 days of income
- Households earning under $25,000
- 10.7%
- Residents below the poverty line
- 11.7%
Income and poverty: U.S. Census Bureau, American Community Survey, by ZIP code; figures for Humble 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 Humble
| Credit union | Address | Members | Website |
|---|---|---|---|
| United Energy Credit UnionState-chartered | 8790 F.M. 1960 Bypass W. Ste 500A Humble, TX 77338 | 3,368 | unitedenergycu.com |
| Houston Belt & Terminal Federal Credit UnionFederal | 9810 Fm 1960 Bypass Rd W Ste 105 Humble, TX 77338 | 590 | hbtfcu.com |
Payday and installment loan stores in Humble
For comparison: storefront payday, installment and title lenders in Humble 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 |
|---|---|---|---|
| 19757 Eastex Fwy Humble, TX 77338 | (281) 446-2274 | — | 4.9 |
| 3103 FM 1960 Ste B Humble, TX 77338 | (281) 821-7880 | — | 4.9 |
| 3824 Atascocita Road #116 Humble, TX 77396 | (281) 852-5316 | — | 4.9 |
|
Texas Car Title and Payday Loan Services
3 stores in Humble
texascartitleandpaydayloanservicesinc.com
|
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| 1520 1st St E Humble, TX 77338 | (281) 446-1235 | — | 4.7 |
| 3422 FM 1960 Humble, TX 77338 | (281) 443-4141 | — | 4.9 |
| 6730 Atascocita Road Ste. 103 Humble, TX 77346 | (281) 812-8822 | — | 4.9 |
| 20119B US-59 Humble, TX 77338 | (281) 446-1171 | — | 3.5 |
| 6312 Farm to Market 1960 Rd E Humble, TX 77346 | (281) 540-1020 | — | 4.2 |
| 268 1st St Humble, TX 77338 | (281) 973-3860 | — | 5.0 |
| 9467 Farm to Market 1960 Bypass Rd W Ste 200 Humble, TX 77338 | (281) 540-2032 | — | 5.0 |
| 113-A 1st Street West Humble, TX 77338 | (281) 446-1811 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 3:00 PM Sun closed |
— |
| 236 Farm to Market 1960 Bypass Rd E Humble, TX 77338 | (281) 540-0700 | — | 5.0 |
| 9777 Farm to Market 1960 Bypass Rd W Humble, TX 77338 | (346) 295-8001 | — | 4.5 |
| 9659 N Sam Houston Pkwy E #200 Humble, TX 77396 | (281) 305-4370 | — | 4.6 |
| 1420 Farm to Market 1960 Bypass Rd E Ste 107 Humble, TX 77338 | (281) 446-6232 | — | 4.9 |
| Western Finance 8840 Will Clayton Pkwy Ste C Humble, TX 77338 | (281) 319-5365 | — | 4.9 |
More about Humble
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 Humble 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.