Payday Loans in Chester, Arkansas

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in Chester, AR. Consider companies in other cities:

Company nameAddressZip codePhone number
Regions Bank 1403 N Washington St, Forrest City, AR 72335 +1 (870) 270 - 5230
Diamond Bank 2215 E Parkway Dr, Russellville, AR 72802 +1 (479) 967 - 0090
ATM Exxon 14735 US-62, Eureka Springs, AR 72632
First Arkansas Bank & Trust 804 Hogan Ln, Conway, AR 72034 +1 (800) 982 - 4511
Commercial National Bank 412 N Monster Expy, Fouke, AR 71837 +1 (870) 653 - 2511
Midland Loan Services 10809 Executive Center Dr Ste 200, Little Rock, AR 72211 +1 (501) 217 - 6000
Centennial Bank 7213 AR-107, Sherwood, AR 72120 +1 (501) 603 - 3740
Eagle Bank Mortgage 161 Van Asche Dr 2, Fayetteville, AR 72703 +1 (479) 957 - 9825
First National Bank-Eastern Ar 101 N Washington St, Forrest City, AR 72335 +1 (870) 633 - 3112
Dodge's Money Center 1414 E Broadway Ave, West Memphis, AR 72301 +1 (870) 735 - 0375

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Chester, AR, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Sherwood, AR, Payday Loans in Springdale, AR, Payday Loans in Texarkana, AR, Payday Loan Without a Credit Check in Benton, AR, Guaranteed Loans in Bentonville, AR, 24-Hour Loan in Conway, AR, Online Loans in Fayetteville, AR and Bad Credit Loans in Fort Smith, AR. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Chester, AR.

Beautiful sights of Chester, AR

Payday Loans Available in Chester, AR By The Following ZIP Codes:

72934

Are Payday Loans Legal In Chester, Arkansas?

Payday Lending is Prohibited in Arkansas

Arkansas Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

Chester, AR payday loan calculator

Everything You Need to Know About Payday Loans in Chester, Arkansas

For those living in Arkansas, payday loans can be a convenient way to access quick cash when emergencies arise. However, it’s essential to understand that payday loans are prohibited in the state.

What are Payday Loans?

Payday loans are short-term loans designed to cover unexpected expenses between paychecks. These loans typically range from $50 to $500 and come with high-interest rates and fees that must be paid within a few weeks. Lenders require that the borrower writes a postdated check, which the lender can cash if the borrower fails to repay the loan on time.

Why Are Payday Loans Prohibited in Arkansas?

Payday loans have been prohibited in Arkansas since 2008. Studies show that high-interest payday loans target low-income individuals who are already financially vulnerable, leading to a debt cycle that is tough to escape from. Although payday lenders claim that their services help borrowers meet financial emergencies, research shows that most borrowers take out multiple loans every year and end up paying more in interest than they borrowed.

What Are the Alternatives in Chester, Arkansas?

If you’re looking for a way to access quick cash, payday loans may not be the right option for you. Instead, you might consider other alternatives, such as:

  • Personal loans: Personal loans are suitable for those who need a more extended loan term and lower interest rates than those offered by payday loans.
  • Credit cards: Credit cards can be an option if you have a good credit score. They usually come with lower interest rates than payday loans and offer rewards and other benefits.
  • Ask for help: If you’re in a financial emergency, consider asking friends or family for a loan. You might be surprised to find out how willing they may be to help you out.

Interesting Facts and Statistics About Payday Loans in Arkansas

The average borrower in Arkansas takes out eight payday loans per year, with an average loan amount of $375. A typical loan with a 14-day repayment term in Arkansas costs 371% in annual interest fees. In 2016, Arkansas Attorney General Leslie Rutledge filed lawsuits against five payday lenders. The lawsuits accused the payday lenders of violating state laws by issuing loans with interest rates exceeding 17%, which is the maximum for lenders in Arkansas. The lawsuits further alleged that these lenders targeted low-income residents, which violates Arkansas’ consumer protection laws.

How Can You Apply for a Loan?

If you’re in need of financial assistance and want to apply for a loan, it’s important to consider your options carefully and make the best decision for your financial situation. TheGuaranteedLoans website is a loan connecting service that can assist you in finding a loan that meets your financial needs. Our website is easy to navigate, we maintain a secure platform, and we prioritize customer satisfaction.

Please note that we are not a direct lender, so we cannot guarantee approval for a loan. However, our service provides an efficient and simplified process whereby your application can be sent to our network of lending partners for consideration. We believe in providing the best possible service to our customers and connecting them with reliable lenders.

Conclusion

Although payday loans might seem like an appealing option during a financial emergency, it’s important to understand the risks and understand the alternatives. Payday loans are illegal in Arkansas, so options like personal loans, credit cards, and asking for help should be preferred instead. However, sometimes getting financial help is the only option, and TheGuaranteedLoans can assist you in finding a loan that works for you.

Remember to borrow only what you can afford to repay, and always read the loan agreement carefully before signing. If you have any questions or concerns, don’t hesitate to reach out to our team at TheGuaranteedLoans for assistance.

Apply Now

If you want to apply for a loan or get more information, visit our website and fill out an application. We will connect you with a lender who matches your needs.

F.A.Q.

Where can I get more information about payday loans in Chester, Arkansas?

More information about payday loans in Chester, Arkansas can be found on the Arkansas State Department of Financial Services website. You can also contact the department directly with any questions or concerns.

Are payday loans available in Chester, Arkansas?

No, payday loans are prohibited in Chester, Arkansas.