Bedford, TX Payday Loans Lenders

4 local stores from 3 companies located in Bedford, TX
Showing 1 to 3 of 3 Entries

All Bedford, TX Lenders Offices by Rating

Showing 1 to 4 of 4 Entries

4 CFPB Complaints in Bedford

There were 4 CFPB complaints in Bedford since Nov 2014.

Complaints over Years

Top 4 Companies

  • Community Choice Financial: 1
  • Check 'n Go: 1
  • Speedy Cash: 1
  • Ace Cash Express: 1

Top 3 Complaints Issues

  • Communication tactics: 2
  • False statements or representation: 1
  • Can't contact lender: 1

Latest Reviews

Shaunnah Absolute
5 / 5 Aug 2, 2024
about TitleMax's office
4105 State Hwy. 121 Ste. 612, Bedford, TX 76021
Mel
5 / 5 Jul 2, 2024
about Ace Cash Express's office
383 Pipeline Rd, Bedford, TX 76022
Alicia Davis
1 / 5 Jun 29, 2024
about TitleMax's office
4105 State Hwy. 121 Ste. 612, Bedford, TX 76021
Kelsie H.
1 / 5 Oct 17, 2020
about Ace Cash Express's office
2248 Central Dr, Bedford, TX 76021
Bill S.
1 / 5 Aug 5, 2019
about Ace Cash Express's office
2248 Central Dr, Bedford, TX 76021
Susan H.
5 / 5 Dec 5, 2017
about Ace Cash Express's office
2248 Central Dr, Bedford, TX 76021

Payday Loans in Bedford

The Bedford City Council restricted the payday loan business in 2016.

  • Ordinance No. 16-3183
  • Approved on September 27, 2016
  • Signed by Jim Griffin (Mayor), Michael Wells (City Secretary), Stan Lowry (City Attorney)

The City Ordinance contains the main regulations:

  • A payday loan lender can not conduct business in the City without certificate;
  • A lender should keep and montain all records about loans;
  • Amount loan has limit: 20% of borrower’s income;
  • Not more than 4 installments and 3 refinances.
Bedford Residents Debt-to-Income Ratios
Bedford residents have 708 median credit score and the average number of late payments is about 4.39. Below represented DTI (Debt-to-Income) ratios shows how Bedford residents debts stacks up against their income. As of 2020.
Credit Card DTI
4.95%
Mortgage DTI
246.29%
Car Loan DTI
27.30%
Student Loan DTI
38.94%
Bedford Residents Financial Statistics
Below represented statistics is for Bedford, Tarrant County, Texas. As of 2019.
Median age of Bedford's residents, years
39
Labour force participation rate, %
69.1%
Unemployment rate, %
3.6%
% of residents with no health insurance
9.5%
Median individual income, USD
$39,130
Median household income, USD
$70,362
% of households with income under $35,000
19.7%
% of households with income $35,000 - $75,000
33.6%
% of households with income $75,000 - $100,000
13.8%
% of households with income over $100,000
32.8%
% of households that own their residence
54.3%
Median home value owned by residents, USD
$217,024
Median rent cost, USD
$1,116
Rent Burden, %
26.0%
Some official sources of data we used to build this page:
ACS CENSUS IRS USGS
Texas Flag
Bedford, TX
Payday Loans are legal* in Texas.
Store
4 Local Stores
Company
3 Companies
Review
1042 Reviews
Online
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