In this article, we provide you with best payday loans near me. Here, you can scroll through and find out which lender is closest to you.
Did you know Payday lending companies do not take into consideration your credit score? The answer to your question is, they do not check that. Payday lending companies are spread out across 37 states.
You should count yourself lucky if you find yourself in one of these states, you can either walk in to any of their offices near you or apply online.
Imagine you have no cash on you and your bills are due? You also need money urgently to settle these bills, these best option you can go for is a payday loan. This is because it’s quick and convenient.
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What are payday loans?
These kind of loans are termed as fast and easier to get. There are different forms of loans, while some loan lending companies take some days to serve their customers, payday loans comes in very handy to solve the problems of people who are in desperate need.
With payday loans, you don’t have to fill many paper works. With just a few information and identity check, you are good to go.
Requirements for Payday Loans
Payday loan lending companies requires just a few things. This include a proof of identification, a proof of payslip or gross monthly income and a postdated check. Also, you must be a US citizen of 18 years and above.
Where Can I Find The Best Payday Loan Near Me?
As it was stated at the beginning of this article, we indicated there are 37 states in the US that have payday loans companies. With over 23,000 lenders spread out in these states, you are sure of find a lender near me.
If you want a fast loan accessibility, try payday loans. If you find yourself close to any of the payday lenders in the locations below, you can have a quick solution to problems.
- Texas
- Idaho
- Nevada
- Utah
- Missouri
- North Dakota
- Mississippi
- Wisconsin
- Louisiana
- Tennessee
- Alaska
- Alabama
- Colorado
- California
- Illinois
- Indiana
- Iowa
- Kentucky
- Bowling Green
- Brewster
- Bridgeport
- Brookpark
- Brooklyn
- Brookville
- Bryan
- Caldwell
- Cambridge
- Canfield
- Canton
- Carey
- Carlisle
- Castalia
- Celina
- Chardon
- Cheshire
- Circleville
- Cheviot
- Chillicothe
- Cincinnati
- Clarington
- Clarksburg
- Cleveland
- Clyde
- Coldwater
- Columbus
How Does It Work
The average interest rate charged on payday loan is 391% and can be higher than 600%.
Payday lending companies charges on interest ranges between $15-$20 for every $100 borrowed. You can request a loan between $100 – $1,000 depending on state you find yourself and with lesser than loans, you between 2-4 weeks to repay.
For example, most of the lenders have it than every $100 attracts an interest of $15. This means, $200 will attract $15 + $15 interest. Same applies to lenders with the interest of $20.
Advantages of Payday Loans
- It is fast and saves time.
- Less paperwork.
- Fast response.
- It is convenient.
- No credit score check.
What Happens If You Fail To Pay Loan on Time
When this happens there will be a rollover with goes with an increase interest to be pay on the old loan. Failure to repay or miss repayment, may lead to late fee charges.
Can I Get Payday Loans Online?
Yes, you can. Applying for a payday loan is not only about walking to the nearest store. You can be in the comfort of your home and apply online. When the application is successful done, the money will sent into your bank account.
Top Online Payday Loans
- MoneyMutual
- Bad Credit Loans
- CashUSA
- America Web Loan
- Amplify Funding
- Arrowhead Advance
- Aspen Financial Direct
Although there are several online payday loans, the above are some of the best ones you can rely on. Help others to find payday loans near me by sharing. Thank you for reading.
