Payday Loans in Alford, Florida

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 Alford, FL. Consider companies in other cities:

Company nameAddressZip codePhone number
Sunshine Payday Loans 1103 W Pleasant St, Avon Park, FL 33825 +1 (863) 453 - 8800
Raymond James Financial Services 2750 Stickney Point Rd STE 201, Sarasota, FL 34231 +1 (941) 925 - 0045
Payday Loans Boynton Beach 1452-1464 E Gateway Blvd, Boynton Beach, FL 33426
SunTrust 10 S Desoto Ave, Arcadia, FL 34266 +1 (863) 263 - 3328
Super Credit Repair 25400 US Hwy 19 N 240, Clearwater, FL 33763 +1 (727) 250 - 2598
Check n Go 13523 US-1 Ste 2C, Sebastian, FL 32958 +1 (772) 388 - 9820
Cash America Pawn 36001 Us Highway 19 North, Palm Harbor, FL 34684 +1 (727) 499 - 0105
Advance America 10057 San Jose Blvd, Jacksonville, FL 32257 +1 (904) 292 - 5293
Payday Loans Hialeah 68, I-75, Hialeah, FL 33018
Advance Auto Parts 1750 FL-87, Navarre, FL 32566 +1 (850) 939 - 7376

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Alford, FL, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Clermont, FL, Payday Loans in Daytona Beach, FL, Payday Loan for Deerfield Beach, FL, Payday Loan for Deland, FL, Payday Loans in Delray Beach, FL, Payday Loans in Deltona, FL, Quick Loan in Dunedin, FL and Payday Loans in Estero, FL. 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 Alford, FL.

Payday Loans Available in Alford, FL By The Following ZIP Codes:

32420

Are Payday Loans Legal In Alford, Florida?

Loan Rates and Fees, Laws and Regulations in Florida.

There are three active types of payday loans in Alford, Florida: cash advance loans , personal check loan s, installment loans . Employees may take advance loans for any period of time starting from 7 to 31 days regardless their earnings during the last one-year period. Payday loan approval is based on a borrower's credit report, which is provided by the lender and subject to verification. Credit report is delivered unchanged to the borrower who complies with lender's requirements.

Requests are usually being settled online; quick cash advance pickup service is offered as well.

Payday loans are taken for $500 and have repayment terms of 4 weeks after the date of deposit receipt. Interest rate is equal to 35% (rounded to the second decimal place); APR - 304%.

The maximum amount of all your payday loans at one time shall not exceed $500.

There is a cooling-off period of 24 hours between 2 consecutive loans.

One loan at a time is allowed. No rollovers are allowed. Criminal actions are prohibited. An administrative fee equal to 50 cents for every $10 received as an advance or rollover may be charged; fee amount depends on credit report evaluation results available 24 hours ahead of loan repayment stage, as well as it depends on contract characteristics.

Florida Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)304
Maximum Loan Amount$500 exclusive of the fees
Minimum Loan Term7 days
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges0.1

Alford, FL payday loan calculator

Payday Loans in Alford, Florida: What You Need to Know

When it comes to short-term loans, payday loans are one of the most commonly sought options by borrowers in Alford, Florida. These loans can provide much-needed relief for individuals who are dealing with sudden expenses or cashflow problems. However, it’s important to understand the details of payday loans in Florida before you proceed with an application. In this article, we’ll get into the specifics of payday loans in Alford and what you need to know in order to make an informed decision.

What Are Payday Loans?

Payday loans are a type of short-term loan that allows borrowers to take out small amounts of cash (usually up to $500) to help cover expenses until their next payday. Typically, payday loans need to be paid back within two to four weeks, although this can vary depending on the lender and the terms of the loan.

In Florida, payday loans come with high interest rates and fees, but they are legal and regulated by the state. According to Florida law, payday lenders can charge a maximum of 10% interest and a $5 verification fee on loans up to $500. This means that if you borrow the maximum amount of $500, you will need to repay the lender $580 (the loan amount plus $55 in fees and interest) within the specified time frame.

How Do Payday Loans Work?

The process of getting a payday loan in Alford is generally quick and easy. Borrowers fill out an online application or visit a storefront location, provide proof of income and identification, and receive the cash, minus fees, if approved. Some lenders may require a post-dated check for repayment, while others may request electronic access to the borrower’s bank account on the due date.

It’s important to note that if the borrower does not have the funds to repay the loan on the due date, they may be subject to additional fees and interest charges. In some cases, borrowers may choose to roll over their payday loans, which means extending the due date in exchange for additional fees.

The Pros and Cons of Payday Loans

Payday loans can be a useful tool for individuals who need short-term financial assistance. They are typically easy to obtain and can be processed quickly. However, there are also potential downsides to payday loans that borrowers should be aware of before committing to them.

Pros:

  • Quick and easy application process
  • Can provide immediate relief for unexpected expenses
  • Can be an option for borrowers with poor credit

Cons:

  • High fees and interest rates
  • Short repayment period (two to four weeks)
  • Potential for additional fees if the loan is not repaid on time
  • Can lead to a cycle of debt if not used responsibly

Interesting Facts and Statistics About Payday Loans in Alford, Florida

– In 2019, there were over 4000 payday loans issued to borrowers in Alford, Florida.
– The average payday loan amount in Alford was $372.
– 1 in 5 borrowers in Florida end up defaulting on their payday loans.
– Payday lending storefronts in Florida outnumber Starbucks and McDonald’s locations combined.

Apply Now for Payday Loans in Alford, Florida

If you’re considering a payday loan in Alford, Florida, TheGuaranteedLoans can help. As a connector service, we work with a network of reputable lenders to connect borrowers with loan options that are tailored to their needs. Simply fill out our online application, and we’ll match you with a potential lender. Remember, we are not a direct lender and don’t make credit decisions, but we can facilitate the process of finding a loan that works for you.

Overall, payday loans can be a helpful resource for individuals who need short-term financial help. However, it’s important to understand the terms and conditions of the loan before committing to it. Be sure to read the fine print, shop around for the best rates, and only borrow what you need and can afford to repay. By taking these steps, you can make an informed decision about payday loans in Alford, Florida.

F.A.Q.

Can I be arrested for not paying back a payday loan in Alford, Florida?

No, it is illegal for a payday lender in Alford, Florida to threaten or attempt to arrest you for not paying back a payday loan. If you are being threatened with arrest, you should contact the Florida Office of Financial Regulation for assistance.

Can payday lenders charge late fees in Alford, Florida?

Yes, payday lenders in Alford, Florida are allowed to charge a late fee of up to 5% of the unpaid loan amount if the loan is not repaid by the due date.