Payday Loans in Mongo, Indiana

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No payday loan companies in Mongo, IN. Consider companies in other cities:

Company nameAddressZip codePhone number
Gerber Collision & Glass 1775 US-31, Greenwood, IN 46143 +1 (317) 887 - 6902
Horizon Bank - Howe 303 Defiance St. 303 Defiance St, Howe, IN 46746 +1 (260) 562 - 3300
Mariner Finance 5093 E 81st Ave, Merrillville, IN 46410 +1 (219) 940 - 9976
Firstsource Financial Solutions 1232 W State Rd 2, La Porte, IN 46350 +1 (219) 326 - 7754
Bedford Federal Savings Bank 2955 John A Williams Blvd, Bedford, IN 47421 +1 (812) 275 - 5907
Walmart Money Center 2460 E Wabash St, Frankfort, IN 46041 +1 (765) 654 - 5528
John Wolk - Raymond James 123 NW 4th St, Evansville, IN 47708 +1 (812) 402 - 7608
Beacon Credit Union 1301 State Road 114, W South St, North Manchester, IN 46962 +1 (260) 982 - 7551
Ball State Financial 2900 N Oakwood Ave, Muncie, IN 47304 +1 (765) 741 - 2728
The National Bank of Indianapolis - OneAmerica Building Banking Center 1 American sq, 100, Indianapolis, IN 46282 +1 (317) 261 - 3250

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Mongo, IN, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Companies in Kokomo, IN, 24-Hour Loan in Lafayette, IN, Payday Loans in Merrillville, IN, Payday Loans in Michigan City, IN, Payday Loans in Mishawaka, IN, Online Loans in Muncie, IN, Online Loans in New Albany, IN and Payday Loans in Noblesville, IN. 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 Mongo, IN.

Are Payday Loans Legal In Mongo, Indiana?

Loan Rates and Fees, Laws and Regulations in Indiana.

Indiana Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)382
Maximum Loan Amount$550
Minimum Loan Term14 days
Maximum Loan TermNot Specified
Number of Rollovers Allowed0
Finance Charges<$250 = 15% $250 - $400 = 13% $400 - $500 = 10%

Mongo, IN payday loan calculator

Payday Loans in Mongo, Indiana: What You Need to Know

When unexpected expenses arise, many individuals turn to payday loans as a solution. These short-term loans allow you to borrow money with the expectation of paying it back with your next paycheck. If you find yourself in need of financial assistance, payday loans can provide a way to bridge the gap until your next payday.

Are Payday Loans Legal in Indiana?

Yes, payday loans are legal in Indiana. Lenders are regulated by the Indiana Department of Financial Institutions and must comply with all state laws and regulations. Before taking out a payday loan, it’s important to understand the terms and conditions of the loan and ensure that you can repay it on time.

The Basics of Payday Loans

Payday loans are a type of short-term loan designed to help individuals cover unexpected expenses. Most payday loans range from $100 to $1,000 and are due on your next payday. When you take out a payday loan, you’ll be required to provide the lender with proof of income, such as a paycheck stub or bank statement. You’ll also need to provide personal information, such as your name, address, and telephone number.

Before taking out a payday loan, it’s important to understand the fees and interest rates associated with the loan. Most payday loans have high interest rates, which can make the loan expensive if not paid back on time.

The Pros and Cons of Payday Loans

  • Pros: Payday loans provide a quick and easy solution to unexpected expenses. They are often available to individuals with bad credit and require no collateral.
  • Cons: Payday loans have high interest rates and fees, which can make them expensive if not paid back on time. They can also be a cycle of debt if you are unable to pay the loan back on time.

Interesting Facts about Payday Loans in Mongo, Indiana

  • There are approximately 256 payday lending locations in Indiana.
  • The average payday loan in Indiana is $327.
  • According to the Indiana Department of Financial Institutions, 75% of all payday loans in the state are taken out by repeat borrowers.

Apply Now

If you are in need of a payday loan in Mongo, Indiana, TheGuaranteedLoans can help connect you with potential lenders. Our online application is quick and easy, and we work with a network of trusted lenders who are committed to responsible lending. Remember, TheGuaranteedLoans is a connector service, not a direct lender. We will facilitate your connection with a potential lender, but the loan terms and conditions will be determined by the lender.

Apply now and get the financial assistance you need to bridge the gap until your next payday.

F.A.Q.

Are there any restrictions on the number of payday loans that can be taken out in Mongo, Indiana?

Yes, in Mongo, Indiana, borrowers are limited to taking out no more than two payday loans at a time.

Is there a minimum loan term for payday loans in Mongo, Indiana?

Yes, in Mongo, Indiana, payday loans must have a minimum loan term of 14 days.