Payday Loans in Floral, 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 Floral, AR. Consider companies in other cities:

Company nameAddressZip codePhone number
Big Brother's Pawn 802 W Sunset Ave, Springdale, AR 72764 +1 (479) 750 - 4343
Mexico Transfers Inc 400 S 8th St D, Rogers, AR 72756 +1 (479) 633 - 0089
Regions Bank 1409 S Walton Blvd, Bentonville, AR 72712 +1 (479) 250 - 4640
Raymond James Financial Services 4285 N Shiloh Dr, Fayetteville, AR 72703 +1 (479) 717 - 2882
Bank of Little Rock Mortgage 1900 Military Rd 2, Benton, AR 72015 +1 (501) 315 - 2300
Simmons Bank 117 Boyer Ave, Lincoln, AR 72744 +1 (479) 824 - 3232
Dickerson Law Firm PA: Attorney 525 N Washington Ave, El Dorado, AR 71730 +1 (870) 863 - 4848
Pennington Consulting Group 1722 N College Ave, Fayetteville, AR 72703 +1 (800) 910 - 3570
Centennial Bank 7213 AR-107, Sherwood, AR 72120 +1 (501) 603 - 3740
Mountain Man Supplies And Pawn 1650 S School Ave 7149, Fayetteville, AR 72701 +1 (479) 443 - 5158

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Floral, AR, you can try to find different companies in big cities near by. Check out the following pages here: No Credit Check Loans in Rogers, AR, Bad Credit Loans in Sherwood, AR, Payday Loans in Springdale, AR, Quick Loan in Texarkana, AR, Quick Loan in Benton, AR, Payday Loans in Bentonville, AR, Bad Credit Loans in Conway, AR and Same Day Loans in Fayetteville, 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 Floral, AR.

Are Payday Loans Legal In Floral, 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

Floral, AR payday loan calculator

Understanding Payday Loans in Floral, Arkansas

Payday loans are a type of short-term loan that is typically due on the borrower’s next payday. These loans have gained popularity due to their ease of application, with many lenders advertising no credit checks and fast approval times.

Although payday loans can be appealing in times of financial need, it’s important to understand the potential pitfalls before deciding to take one out. In Floral, Arkansas, payday loans are prohibited by law, meaning that residents must seek alternative lending options.

Why are payday loans prohibited in Arkansas?

In 2008, Arkansas passed the Arkansas Check-Cashers Act, which effectively eliminated payday lending in the state. The act established a cap on interest rates and fees for loans, effectively shutting down the payday lending industry in Arkansas.

The reasoning behind this act was to protect Arkansas consumers from the high interest rates and fees associated with payday loans, which can lead to a cycle of debt and financial instability.

What are the alternatives to payday loans in Floral, Arkansas?

Fortunately, there are alternative lending options available for those in need of short-term financial assistance.

  • Personal loans: A personal loan is a type of loan that can be used for any purpose, including short-term financial needs. These loans typically have longer repayment terms and lower interest rates than payday loans.
  • Credit cards: Some credit cards offer cash advances that can be used for short-term financial needs. However, these advances come with high interest rates and fees.
  • Credit counseling: Credit counseling services can help individuals create a budget and develop a plan to pay off debt over time.

Facts and Statistics

  • The average payday loan in Arkansas has an interest rate of 400%.
  • More than 70% of payday loans in Arkansas are taken out to cover recurring expenses, such as bills and rent.
  • The average payday loan borrower in Arkansas takes out eight loans per year.

Apply Now

If you are in need of short-term financial assistance in Floral, Arkansas, TheGuaranteedLoans can connect you with potential lenders who can help. Our online application process is fast and easy, and we work with a network of trusted lenders who are committed to responsible lending practices.

It’s important to remember that TheGuaranteedLoans is a connector service and not a direct lender. We will never charge you fees for our services, and we take your privacy and security seriously.

Apply for a loan today and take the first step toward financial stability.

F.A.Q.

Can a payday loan company garnish my wages in Floral, Arkansas?

No, a payday loan company cannot garnish your wages in Floral, Arkansas because these loans are illegal in the state.

Can a payday loan company repossess my property in Floral, Arkansas?

No, a payday loan company cannot repossess your property in Floral, Arkansas because these loans are illegal in the state.