Payday Loans in Carlisle, Massachusetts

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 Carlisle, MA. Consider companies in other cities:

Company nameAddressZip codePhone number
Citizens Bank Supermarket Branch 2265 Northampton St, Holyoke, MA 01040 +1 (413) 536 - 5485
Michael Dunsky Fairway Independent Mortgage Corporation Vice President/Senior Loan Officer 9 Summer St Unit 101, Franklin, MA 02038 +1 (617) 337 - 4560
Needham Bank 402 Washington St, Dedham, MA 02026 +1 (781) 326 - 0700
Savers Bank 55 Main St, Sturbridge, MA 01566 +1 (508) 347 - 1090
Toyota & Lexus Financial Services 4 Meeting House Rd STE 6, Chelmsford, MA 01824 +1 (978) 244 - 2200
DMB Financial 500 Cummings Center 3800, Beverly, MA 01915 +1 (866) 865 - 6959
Enterprise Bank 223 Boston Rd, North Billerica, MA 01862 +1 (978) 596 - 2269
Middlesex Savings Bank 629 Massachusetts Ave 6, Boxborough, MA 01719 +1 (978) 263 - 1711
Hansen Financial MV 10 State Rd 2, Vineyard Haven, MA 02568 +1 (508) 693 - 6693
Washington Trust Co-Westerly 1 Merchant St 102, Sharon, MA 02067 +1 (781) 784 - 3089

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Carlisle, MA, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Holyoke, MA, Payday Loans in Lawrence, MA, Online Loans in Leominster, MA, Payday Loans in Lexington, MA, Guaranteed Loans in Lowell, MA, Payday Loan for Lynn, MA, No Credit Check Loans in Malden, MA and Payday Loans in Marlborough, MA. 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 Carlisle, MA.

Beautiful sights of Carlisle, MA

Payday Loans Available in Carlisle, MA By The Following ZIP Codes:

01741

Are Payday Loans Legal In Carlisle, Massachusetts?

Payday Lending is Prohibited in Massachusetts

Massachusetts Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

Carlisle, MA payday loan calculator

In Carlisle, Massachusetts, payday loans are not allowed due to state regulations. A payday loan, also known as a cash advance, is a short-term, high-interest loan that borrowers must repay with their next paycheck. These loans often have extremely high APRs and can lead to a cycle of debt for those who cannot repay them on-time.

What is a Payday Loan?

A payday loan is a small loan that is intended to help individuals cover unexpected expenses. These loans are typically due on the borrower’s next payday. Borrowers must provide proof of income and a postdated check or authorization to withdraw funds electronically from their bank account.

Payday loans are often marketed as a quick solution to financial emergency situations, but they often have extremely high interest rates and fees. It is not uncommon to see an APR of 400% or higher on these loans.

The Impact of Payday Loans

Payday loans can have a significant impact on borrowers. Due to the high cost of these loans, borrowers may find themselves in a cycle of debt. According to a study by the Consumer Financial Protection Bureau, 80% of payday loans are rolled over or followed by another loan within 14 days.

Furthermore, payday loans can lead to bank account overdrafts, delinquency on bills, and bankruptcy. These loans can also have a negative impact on credit scores, making it difficult for borrowers to access credit in the future.

Payday Loans in Carlisle, Massachusetts

In Massachusetts, payday loans are prohibited by law. According to the Massachusetts Division of Banks, “Small-loan lenders are not allowed to make loans of $6,000 or less in Massachusetts, and payday loans, which are typically issued for a period of two weeks and for $500 or less, are illegal in Massachusetts.”

This means that individuals in Carlisle, Massachusetts, cannot obtain a payday loan from a licensed lender within the state. However, residents may still be targeted by out-of-state or online lenders that do not comply with Massachusetts regulations.

Alternatives to Payday Loans

There are several alternatives to payday loans that borrowers can consider in Carlisle, Massachusetts. These include:

  • Personal loans from banks or credit unions
  • Credit card cash advances
  • Emergency loan programs offered by non-profits or government agencies
  • Overdraft protection for checking accounts
  • Payment plans with creditors or service providers

These options can provide borrowers with the financial assistance they need while avoiding the high costs associated with payday loans.

Apply Now

If you are in need of financial assistance, you can consider applying for a loan through TheGuaranteedLoans. Our online connector service can help connect you with potential lenders who may be able to provide you with a loan. Please note that we are not a direct lender, and we do not make credit decisions. Instead, we aim to facilitate connections between borrowers and lenders in a simple, straightforward process.

Applying for a loan through TheGuaranteedLoans is easy. Simply fill out our online application form, and we will match you with potential lenders who may be able to provide you with a loan. If you are connected with a lender, you will receive the terms of the loan, including the repayment terms and interest rates, before you agree to the loan.

Interesting Facts about Payday Loans in Carlisle, Massachusetts

  • Payday loans have been banned in Massachusetts since 2008.
  • In 2015, the Massachusetts Attorney General’s Office settled with payday lenders for over $1 million in restitution and fines for violating state regulations.
  • According to a study by The Pew Charitable Trusts, the average payday loan borrower takes out eight loans of $375 each per year, and pays $520 in interest.

Overall, payday loans are illegal in Carlisle, Massachusetts, due to state regulations. While these loans can provide quick financial assistance, they often come with high interest rates and fees that can lead to a cycle of debt. Borrowers in need of financial assistance should consider alternative options and can apply for loans through TheGuaranteedLoans.

F.A.Q.

Can I still be charged fees on a payday loan in Carlisle, Massachusetts?

No, you cannot be charged fees on a payday loan in Carlisle, Massachusetts because these loans are illegal in the state.

Can I be evicted from my home for taking out a payday loan in Carlisle, Massachusetts?

No, you cannot be evicted from your home for taking out a payday loan in Carlisle, Massachusetts because these loans are illegal in the state.