Payday Loans in Litchfield, Maine

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 Litchfield, ME. Consider companies in other cities:

Company nameAddressZip codePhone number
Infinity Federal Credit Union 193 Broad St, Bangor, ME 04401 +1 (207) 854 - 6000
TIAA Financial Services 28 Beddington Rd, Orono, ME 04469 +1 (207) 747 - 6513
Norway Savings Bank 8 Mallett Dr, Freeport, ME 04032 +1 (207) 865 - 6141
KeyBank 172 Maine St, Brunswick, ME 04011 +1 (207) 729 - 2600
Katahdin Trust 144 US-1, Scarborough, ME 04074 +1 (207) 510 - 7017
Citizens Bank Commercial Lending 100 Middle St 1, Portland, ME 04101 +1 (207) 871 - 1110
PeoplesChoice Credit Union 774 Post Rd, Wells, ME 04090 +1 (207) 646 - 2597
Five County Credit Union 171 Bath Rd, Brunswick, ME 04011 +1 (800) 750 - 0959
Community Credit Union 1025 Auburn Rd, Turner, ME 04282 +1 (207) 783 - 2096
People's United Bank 780 Roosevelt Trail, Windham, ME 04062 +1 (207) 892 - 8008

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Litchfield, ME, you can try to find different companies in big cities near by. Check out the following pages here: Short-term Loans in Bangor, ME, Payday Loans in Lewiston, ME and Payday Loans in Portland, ME. 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 Litchfield, ME.

Beautiful sights of Litchfield, ME

Payday Loans Available in Litchfield, ME By The Following ZIP Codes:

04350

Are Payday Loans Legal In Litchfield, Maine?

Loan Rates and Fees, Laws and Regulations in Maine.

Maine Loan Regulations

Legal StatusPermitted for supervised lenders only
Interest Rate (APR, %)30% APR; In Fact - 217%
Maximum Loan Amount$2,000
Minimum Loan TermNot Specified
Maximum Loan TermNot Specified
Number of Rollovers AllowedNot specified
Finance ChargesAlternative to small loan cap: <$75 = $5; $75-$250 = $15; >$250 = $25

Litchfield, ME payday loan calculator

Payday Loans in Litchfield, Maine – All You Need to Know

Payday loans are small, short-term loans that help individuals meet their emergency financial needs. In Litchfield, Maine, payday loans are permitted and regulated by state laws. However, these loans are available only for supervised lenders. Here’s what you should know about payday loans in Litchfield, Maine.

How Do Payday Loans in Litchfield, Maine Work?

Payday loans are loans borrowed against your next paycheck. You will need to provide information about your employment, salary, and bank account and write a postdated check for the loan amount plus interest and fees. The lender will hold onto the check and deposit it on the loan’s due date.

Payday loans have higher interest rates and fees than other loans. The interest rates are usually expressed in terms of the Annual Percentage Rate (APR), and in Maine, lenders can charge up to 30% per year on a loan of up to $2,000.

Who Can Apply for Payday Loans in Litchfield, Maine?

In Litchfield, Maine, payday loans are permitted for individuals who meet the following eligibility criteria:

  • Must be over 18 years old
  • Must have a steady source of income
  • Must have a bank account

Also, Maine law requires that lenders conduct a thorough check of an individual’s financial situation before approving a loan. This is to ensure that the loan amount is reasonable and that the individual can repay it on time.

Are Payday Loans Safe?

It’s important to be cautious when considering payday loans. These loans have high interest rates and fees and are designed to be repaid in a short period. If you are unable to repay the loan on time, you may be charged additional fees and interest, or your debt could be sold to a debt collector.

However, payday loans can be safe if you use them responsibly. You should only borrow what you can repay on time and ensure that you understand all the terms and conditions of the loan. Also, it’s essential to borrow only from licensed and regulated lenders.

Interesting Facts about Payday Loans in Litchfield, Maine

Here are some interesting facts about payday loans in Litchfield, Maine:

  • Maine law prohibits lenders from offering rollovers, extensions or refinancing of payday loans, which helps to protect borrowers from getting trapped in a cycle of debt.
  • The average payday loan amount in Maine is $229 and the average interest rate is around 217%.
  • The maximum amount of a payday loan in Maine is $2,000.

Apply Now with TheGuaranteedLoans

If you need a payday loan, you can apply now with TheGuaranteedLoans. We are a connector service, not a direct lender. We will facilitate your connection with potential lenders from our network who may be able to offer you a loan.

To apply, simply fill out our secure online application form, and we will match you with a lender who can provide the loan you need. We value your privacy and security and provide a hassle-free and straightforward application process.

Apply now with TheGuaranteedLoans and get the cash you need to cover your emergency expenses.

F.A.Q.

Can I be charged with a penalty if I cancel my payday loan in Litchfield, Maine?

No, in Litchfield, Maine, payday lenders are not allowed to charge any penalty fees for canceling a loan. If you decide to cancel your loan, you can do so without incurring any additional costs.

Can I be charged with a prepayment penalty if I pay off my payday loan early in Litchfield, Maine?

No, in Litchfield, Maine, payday lenders are not allowed to charge any prepayment penalty fees for paying off a loan early. If you are able to pay off your loan early, you can do so without incurring any additional costs.

Look for Short-Term Loans in Other Cities: