Family Loans of Temple

Family Loans of Temple makes short-term personal loans, unsecured and at a fixed rate, typically from $100 to $1,800. Loans can be set up for monthly payments over 1 to 24 months, and the office also offers Spanish-speaking service. The business has served residents since 1994.

Applications can be made by phone or in person at the office on East Avenue A. Once approved, opening an account requires a visit to the office with a current Texas driver's license or ID, proof of income and proof of residence. Applicants must be at least 18, have six months at their present job or verifiable steady income, and provide three established credit references, since no collateral or cosigners are accepted. The office also runs a monthly $50 drawing for customers who pay on time.