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.
Payday loans in Odessa, Texas
Texas payday loan rules that apply in Odessa
- Max loan amount
- No limit (CSO Model)
- Min loan term
- 7 days
- Max loan term
- 180 days
- Finance charge cap
- No state cap (fees set by city ordinances)
- Max absolute fee
- Varies
- Typical APR
- ~662%+
- Rollovers (extensions)
- Permitted (varies)
- Simultaneous loans
- No state limit
- Right to rescind
- N/A
- Governing law
- Texas Credit Services Organization Act
- Regulator
- TX OCCC
Odessa at a glance
| Metric | Odessa | Texas | United States |
|---|---|---|---|
| Population | 166,904 | 29.6M | 332.3M |
| Median household income | $72,637 | $81,963 | $85,275 |
| Median rent | $1,221/mo | $1,384/mo | $1,432/mo |
| Income spent on rent | 29.2% | 31.6% | 31.6% |
| Homeownership | 64.0% | 63.8% | 65.4% |
| Poverty rate | 15.5% | 13.9% | 12.6% |
| Unemployment rate | 5.5% | 5.2% | 5.3% |
| Without health insurance | 21.4% | 17.3% | 8.6% |
| Veterans | 4.6% | 6.4% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for Odessa
Move the sliders to see what a payday loan would cost under Texas rules and how it compares with local incomes.
Example range up to $1,000
Texas sets no fixed fee; $15 is typical
- Fee
- $75
- Total to repay
- $575
- APR
- 391%
- Total fees with rollovers
- $75
- Share of a two-week household paycheck in Odessa
- 2.7%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in Odessa
- Fee on a $500 loan
- $75
- Share of a two-week household paycheck
- 2.7%
- Hours of work at the local median wage
- 3.7 hours
Texas sets no fixed fee in dollars, so this example uses a typical fee of $15 per $100 on a $500 loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
Odessa in context
- Population rank in Texas
- 30th
- of 103 Texas cities with 50,000+ residents
- Median household income rank
- 64th
- of 103 Texas cities with 50,000+ residents
- Households earning under $25,000
- 16.4%
- ▲ 1.4 pts vs TX
- Median home value
- $185,581
- ▼ 35% vs TX
- Home value to income
- 2.6×
- A $400 emergency expense
- 2.0 days
- of median household income
Payday loan stores in Odessa, TX
Licensed storefront lenders in Odessa with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the TX OCCC before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 2904 Andrews Hwy Odessa, TX 79762 | (432) 367-7145 | — | 5.0 |
| 308 W University Blvd Unit A Odessa, TX 79764 | (432) 334-0500 | — | 5.0 |
|
Texas Car Title and Payday Loan Services
2 stores in Odessa
texascartitleandpaydayloanservicesinc.com
|
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| 4113 Andrews Hwy Odessa, TX 79762 | (432) 363-8200 | — | 4.9 |
| 922 N Grant Ave Odessa, TX 79761 | (432) 333-5800 | — | 4.8 |
| 1100 E 42nd St Odessa, TX 79762 | (432) 255-8472 | — | 5.0 |
| 1101 E 8th St Odessa, TX 79761 | (432) 289-6497 | — | 5.0 |
| 1305 E 8th St Odessa, TX 79761 | (432) 617-0044 | — | 4.7 |
| 1400 N. County Rd. West Odessa, TX 79763 | (432) 332-5625 | Mon–Fri 10:00 AM – 6:00 PM Sat 10:00 AM – 3:00 PM Sun closed |
— |
| 1522 E 8th St Odessa, TX 79761 | (432) 272-3994 | — | 3.2 |
| 3823 E 42nd St Odessa, TX 79762 | (432) 363-1808 | — | 5.0 |
| 6141 TX-191 Suite 18C Odessa, TX 79762 | (432) 362-3848 | — | 4.4 |
| 4031 E 42nd St A Odessa, TX 79762 | (432) 368-7954 | — | 3.8 |
| 1432 E 8th St Odessa, TX 79761 | (432) 337-0561 | — | 4.9 |
| Western Finance 2805 Andrews Hwy Odessa, TX 79762 | (432) 334-0530 | — | 4.9 |
Fast & secure payday loans in Odessa, Texas
Unexpected expenses can happen anytime. If you need urgent cash in Odessa, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why Odessa residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Loans within Texas limits Loan terms must comply with the Texas Credit Services Organization Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for Odessa residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Texas law (Texas Credit Services Organization Act). Always review the contract terms carefully before signing.
Odessa payday loan FAQ
How much cash can I borrow in Odessa?
Loan amounts in Odessa are typically from $100 up to the Texas limit (No limit (CSO Model)), in line with Texas lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in Odessa to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in Odessa with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in Odessa?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for Odessa residents?
To qualify, you must:
- Be at least 18 years old.
- Live in Odessa or the surrounding Texas area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).