Apply for a Loan to Help Pay Your Bills in Texas
Expenses can arise at any time and many Texas residents face financial uncertainty at unexpected times. When these expenses occur, you may not be able to pay your monthly bills on time. Missed payments can have a snowball effect and end up costing much more than the bill itself due to fees and penalties. Failing to pay utility bills on time can lead to shut-offs at inconvenient times and may eventually damage your credit.
Western Shamrock is a traditional installment lender offering loans to Texas residents. Miscalculating a check or having an exceptionally slow week at an owned business can sometimes leave Texas residents without the means to pay for their monthly bills on time. A Western Shamrock loan is an ideal solution in this type of scenario.
Unlike credit cards or more extensive lending agreements, a traditional installment loan from Western Shamrock can help families with short-term financial crunches that leave them unable to pay their bills. These loans provide this support without the strings attached to more complex lending practices. In Texas, Western Shamrock can provide up to $1,460 in short-term financial assistance to qualifying borrowers.
Why Are Traditional Installment Loans Important?
According to statistics gathered by the U.S. Bureau of Labor Statistics, housing costs can require more than 15% of the average American’s monthly budget, and operating costs for a home, such as utility bills, can easily be more than 10%.
Traditional installment loans can help Texas residents avoid common credit issues that arise when taking on more debt than they should. Missed payments damage your credit and may make it harder to qualify for financing in the future. Taking on credit card debt can exacerbate the issue as high-interest rates take hold, and payments increase month after month. Texas residents needing a little extra money to overcome temporary cash-flow issues can find much greater security with traditional installment loans.
The average household income in the United States is almost $90,000, which means that more than $30,000 could go toward everyday living expenses and household costs. Traditional installment loans offered by Western Shamrock can provide enough financial flexibility to overcome emergency expenses and other situations that may leave you unable to pay your bills on time (household utilities, cell phone service, internet service, or other monthly necessities).
How Does a Traditional Installment Loan Work?
A traditional installment loan is a small-dollar loan with a fixed rate, meaning these loans are incredibly easy to navigate, require minimal paperwork, and do not entail nearly as many caveats, disclaimers, and extra clauses one will typically see with mortgages and credit cards. While other types of loans for larger amounts often have variable interest rates that change over time, the borrower of a traditional installment loan will know precisely what kind of interest they will pay and for how long.
Western Shamrock offers personal loans for qualified borrowers in Texas and designates their repayment rate, interest rate, and payment structure based on their ability to pay. Some traditional installment loans from Western Shamrock may only require four months for repayments, while others may extend up to 30 months. Western Shamrock designs all repayment agreements around a borrowers’ level of need and ability to pay.
Applying for a Traditional Installment Loan
Installment loans from Western Shamrock require completing a straightforward application process. A traditional installment lender will generally require some basic information before deciding about an applicant’s loan eligibility, amount, and repayment terms. If you think a small-dollar personal installment loan could provide the financial flexibility you need to pay your bills on time this month, a verified traditional installment lender like Western Shamrock can help get you the money that you need.
At Western Shamrock, we make it easy to apply for and receive loans for unexpected bills in Texas. Paying bills on time pays off tremendously in the long run. If you are facing a situation that makes it seem like you will not be able to pay your bills on time each month, a traditional installment loan from Western Shamrock can get you the extra funds you need to balance your budget. The repayment terms are much simpler than most typical credit agreements.
Contact Western Shamrock for more details about our installment loans in Texas. Start your application today.