Payday Loans in Letha, Idaho

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No payday loan companies in Letha, ID. Consider companies in other cities:

Company nameAddressZip codePhone number
U.S. Bank Branch 612 5th St, Rupert, ID 83350 +1 (208) 436 - 3141
U.S. Bank Branch 201 Main St, Sandpoint, ID 83864 +1 (208) 263 - 6891
Alotta Auto 242 E 7th N 6, Rexburg, ID 83440 +1 (208) 359 - 8028
Cash Store 505 N 2nd E #202, Rexburg, ID 83440 +1 (208) 359 - 8100
Pawn 1 1580 Yellowstone Ave, Pocatello, ID 83201 +1 (208) 237 - 3929
Advantage Plus Federal CU 177 N 4th St, Montpelier, ID 83254 +1 (208) 847 - 1165
First Federal - Corporate Offices 303 Shoshone St N, Twin Falls, ID 83301 +1 (208) 733 - 4222
World Finance 8921 W Overland Rd, Boise, ID 83709 +1 (208) 314 - 0184
Advantage Plus Federal Credit Union 70 E 2nd S, Soda Springs, ID 83276 +1 (208) 547 - 2338
Chase Bank 1790 W Pullman Rd, Moscow, ID 83843 +1 (208) 882 - 8350

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Letha, ID, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Idaho Falls, ID, Guaranteed Loans in Lewiston, ID, Payday Loan Without a Credit Check in Meridian, ID, Payday Loans in Nampa, ID, Quick Loan in Pocatello, ID, Payday Loans in Post Falls, ID, Payday Loans in Twin Falls, ID and Payday Loans in Boise, ID. 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 Letha, ID.

Are Payday Loans Legal In Letha, Idaho?

Loan Rates and Fees, Laws and Regulations in Idaho.

Idaho Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)652
Maximum Loan Amount$1,000 (or 25% of gross monthly income)
Minimum Loan TermNot Specified
Maximum Loan TermNot Specified
Number of Rollovers Allowed3
Finance ChargesNo Limit

Letha, ID payday loan calculator

Payday Loans in Letha, Idaho – An Overview

If you’re a resident of Letha, Idaho, and find yourself in need of quick cash, a payday loan could be the solution. Payday loans are short-term loans that are typically due on your next payday. They are designed to help those who need quick access to cash to cover unexpected expenses or emergencies.

Are Payday Loans Legal in Idaho?

Yes, payday loans are legal in Idaho. However, there are some regulations in place to protect borrowers from predatory lending practices. In Idaho, the maximum loan amount for a payday loan is $1,000. The maximum term is 60 days, and the maximum finance charge is $20 for every $100 borrowed.

How Do Payday Loans Work?

To apply for a payday loan, you’ll need to provide proof of income, a valid ID, and a checking account. Most payday loan lenders in Letha, Idaho, will also require you to provide a post-dated check or authorize an electronic debit for the total amount of the loan plus fees.

If you’re approved for a payday loan, you’ll receive the funds in your checking account. Typically, payday loans are due on your next payday or within a few weeks, depending on the loan term. If you’re unable to repay the loan on time, you may be subject to additional fees and interest charges.

The Pros and Cons of Payday Loans

Like any financial product, payday loans have their pros and cons. Here are some of the advantages of payday loans:

  • Quick access to cash in an emergency
  • No credit check
  • Easy to qualify for

However, there are also some disadvantages to consider before taking out a payday loan. Here are some of the cons:

  • High-interest rates and fees
  • Short-term repayment period
  • Potential for debt cycle

Interesting Facts About Payday Loans in Letha, Idaho

  • In 2020, the total amount of payday loans borrowed by Idahoans was over $530 million.
  • Approximately 18% of Idahoans have taken out a payday loan.
  • In 2018, the average annual interest rate for Idaho payday loans was 582%.

Apply Now for a Payday Loan in Letha, Idaho

If you’re in need of quick cash and think a payday loan might be the solution, TheGuaranteedLoans can help you find a lender. We are a connection service, not a direct lender, and work with a network of trusted lenders to help you get the money you need.

To apply for a payday loan in Letha, Idaho, simply fill out our online application form. We’ll connect you with potential lenders, and you can choose the loan offer that works best for you.

Remember, it’s important to use payday loans responsibly and only borrow what you can afford to repay. Payday loans are a short-term solution and should not be used as a long-term financial strategy.

Apply now with TheGuaranteedLoans and get connected with a payday loan lender in Letha, Idaho today!

F.A.Q.

How long does it take to receive funds from a payday loan in Letha, Idaho?

The amount of time it takes to receive funds from a payday loan in Letha, Idaho varies depending on the lender, but most borrowers receive their funds within a few business days.

Can I renew or extend my payday loan in Letha, Idaho?

Yes, payday loans in Letha, Idaho can be renewed or extended, but borrowers should be aware that this can result in additional fees and interest charges.

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