Fairness in lending
Why Choose a Parra Loan Company Signature Loan?
A Parra Loan Company signature loan is a simple, secure way to manage unexpected expenses—trusted by our community for its clarity, convenience, and flexibility.
- No collateral required – approval is based on your credit and signature
- Fixed monthly payments – budget with confidence, no surprises
- Transparent terms – no hidden fees or fine print
- Credit limit increases – available after 6 months for qualifying borrowers
- Great for good credit – and we proudly offer second chances, too
- Quick and easy application – get started in minutes
- Borrow up to $1,760 with a loan that’s designed to work for you. Apply online, by phone, or in person at one of our convenient locations—se habla español.
Fair & Responsible Lending Policy
- At Parra Loan Company, we are committed to treating every customer with professionalism, courtesy, and fairness. Our team is dedicated to offering support and service in a consistent, respectful, and equitable manner. This Fair & Responsible Lending Policy (“Policy”) applies to all aspects of our lending operations, including advertising, marketing, loan origination, processing, underwriting, closing, and loss mitigation.
- The success of this Policy is a shared responsibility across our entire organization. Our commitment is reflected in our company structure, employee accountability, internal monitoring and auditing, and ongoing training programs. Parra Loan Company’s management team sets the standard by establishing practices that align with our dedication to ethical and fair lending.
Policy statement
Parra Loan Company has adopted this Policy to ensure full compliance with all applicable state and federal laws promoting fair lending and equal access to credit. These include, but are not limited to, the Equal Credit Opportunity Act (ECOA) and the Federal Reserve Board’s Regulation B (which implements ECOA). This Policy is also designed to proactively prevent any form of unlawful discrimination in our lending activities.
We do not discriminate in any aspect of the credit decision-making process on the basis of:
- Race
- Color
- Religion
- National origin
- Sex
- Marital status
- Disability
- Age (provided the applicant has the legal capacity to contract)
- Receipt of public assistance income
- Sexual orientation
- Participation in a Registered Domestic Partnership, Civil Union, or similar legal relationship
- The good faith exercise of any rights under the federal Consumer Credit Protection Act or applicable state laws
Parra Loan Company is fully committed to making lending decisions that reflect safe and sound business practices while ensuring fairness and equal opportunity. We take all necessary steps to apply this Policy consistently across all areas of our operations.
Start fresh in 2026 with a loan from Parra Loan Company
If you are ready to take control of your finances, Parra Loan Company can help. We offer quick and easy loans starting at $100 and going up to $1,800. Use the money to clear past expenses, cover upcoming needs, or start a new plan with confidence.
Apply Online
We make it easy for customers to get the money they need and deserve. With an easy process and quick approval - apply today!
Fresh Start Loans up to $1,800
At Parra Loan Company, we offer loans from $100 to $1,800 to help you clean up old bills, tackle new expenses, or simply start fresh.
Refer a Friend Program
Already a Parra Loan customer? We love referrals! Referrals also mean extra cash in your pocket. Learn more here.
Proudly serving our community for over 50 years.
Since 1973, Parra Loan Company has been here to provide fast, simple, and reliable signature loans. As a local, bilingual team, we speak both English and Spanish, and we’re proud to serve the community we call home. Apply online, by phone, or in person at one of our many locations.