Personal Loans

Personal loans from SAMCO Finance offer a quick and easy solution if you fall under financial hardships. Whether you need money to pay for an unexpected bill or you want to consolidate your debt, a personal loan can help you get your finances back on track.

What are personal loans?

A personal loan is a type of loan provided by a bank or online lending company like SAMCO Finance. Unlike a title loan, you won’t need to put down any collateral. Instead, a personal loan is a fixed or variable interest rate loan that you pay off monthly for a set amount of time. The repayment terms can range from a few months to several years.

• Flexibility: You can use a personal loan for just about anything! Whether you want to consolidate your credit card debt, pay for wedding or funeral expenses, or you need money for small business purchases, a personal loan can provide the funds quickly.
• Easy application process and approval: Regardless of your credit history, it’s typically very easy to get approved for a personal loan. The application only takes a few minutes, and we can get you the money within the same day.
• Varying interest rates: We can estimate and adjust your interest rate depending on certain factors like your credit score, debt to income ratio, and credit reports. In general, the better your credit score, the better your interest rate.
• No collateral necessary: You don’t need to put up any collateral to get a personal loan.

How much can I borrow with a personal loan?

With a personal loan, you can typically borrow anywhere from a few hundred dollars to more than $1,000, but it depends on certain factors like credit score, debt to income ratio, and credit reports.

What do I need to apply for a personal loan?

Online lending makes it convenient and easy to get fast loans in San Angelo and Abilene. You can apply for a personal loan online through our website, or visit one of our locations to apply in person and pick up your cash. Whether you apply online or visit our title loan store, you’ll need to have the following items on-hand:

• Driver’s license or state-issued ID Card
• Proof of residence (most recent utility bill only: gas, water, electric, cable, or phone bill)
• Proof of income (most recent current pay stub, letter from employer on company letterhead, or federal income tax statement)

Is a personal loan right for me?

A personal loan may be right for you if:

• You do not have collateral for a loan.
• You want to consolidate debt.
• You have emergency expenses.
• You need funds for a personal event, such as a wedding, divorce, or funeral.

Apply for a personal loan today with SAMCO Finance

Personal loans at SAMCO Finance are available to the general public in Abilene and San Angelo, TX areas. Whatever your situation, our personal loan team will work with you to understand your needs and estimate the right rate for you.