Services Offered
Personal Loans
If you need money for unplanned expenses, home repairs, emergencies, or any other reason, we’re here for you! Contact us and enjoy competitive rates, flexible payment options, and a fast approval process.
Title Loans
Your vehicle can be so much more than a means of traveling. With a Payment 1 title loan, you can use your car as collateral to get instant cash and build your credit. Best of all, you get to keep driving your car while you pay off your loan!
How It Works
Step 1: Application
1. Call us directly at (956) 627-5217
2. Visit the Payment 1 – McAllen, TX branch during business hours; or
3. Complete the online application.
Online applications are currently unavailable for New Mexico.
Step 2: Requirements
Prepare and submit the documents you need to qualify:
- Proof of Income
- Proof of Address
- SSN or EIN
- Valid Photo ID
- 5 References
- Most Recent Bank Statements
Our team will review your documents, enter your information in our loan software, and run a quick credit and underwriting process.
For Title Loans: You will also need to provide a clear vehicle title in your name and bring your vehicle to our office, where our experts will evaluate its condition and value.
Step 3: Loan Offer
Once approved, you’ll receive your loan offer with the payment amounts and schedules. We’ll need your debit card and other bank information for funding. Then, we’ll generate the loan documents for your signature.
For Title Loans: We’ll also prepare a security agreement and an application for the state to place a lien on the vehicle title. We’ll remove the lien and return your title after you repay the loan.
Step 4: Get Your Money
Funds are immediately available once you’ve signed the documents. We will issue you a check or instantly fund your debit card.
Apply for Your Loan Today!
Visit our McAllen, TX branch or find the Payment 1 location nearest you. You can also apply for a personal loan online and get your money without having to leave your home! Call or contact us today to learn more.
Payment 1 – McAllen, TX Branch Information
Phone: (956) 627-5217
Email: mcallen@payment1.com
Business Hours
Monday to Friday 9:00 AM to 6:00 PM
Saturday 9:00 AM to 1:00 PM
Sunday Closed
