Payday Loans in Cadet, Missouri

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 Cadet, MO. Consider companies in other cities:

Company nameAddressZip codePhone number
Noble Finance 1018 Missouri Ave, Rolla, MO 65401
Saints Avenue Bank 115 S Public St, Center, MO 63436 +1 (573) 267 - 3324
King of Kash - Warrenton 603 E Veterans Memorial Pkwy, Warrenton, MO 63383 +1 (636) 456 - 0606
Lincoln Financial Group 1110 Club Village Dr, Columbia, MO 65203 +1 (573) 443 - 1654
A-1 Premium Acceptance 1732 N Bishop Ave # C, Rolla, MO 65401 +1 (573) 308 - 3467
LibertyX Bitcoin ATM 5860 MO-100, Washington, MO 63090 +1 (800) 511 - 8940
A-1 Premium Acceptance 1103 N Holden St A, Warrensburg, MO 64093 +1 (660) 422 - 4400
Cardinal Loans 100 E Gay St, Warrensburg, MO 64093 +1 (660) 422 - 5626
Sigrist & Associates PC 502 S 39th St, Bethany, MO 64424 +1 (660) 425 - 6376
LendNation 2203 E 32nd St #4, Joplin, MO 64804 +1 (417) 553 - 2951

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Cadet, MO, you can try to find different companies in big cities near by. Check out the following pages here: No Credit Check Loans in Cape Girardeau, MO, Payday Loan for Chesterfield, MO, Payday Loans in Columbia, MO, Payday Loans in Florissant, MO, Payday Loan Without a Credit Check in Independence, MO, Payday Loans in Jefferson City, MO, Quick Loan in Joplin, MO and Short-term Loans in Kansas City, MO. 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 Cadet, MO.

Payday Loans Available in Cadet, MO By The Following ZIP Codes:

63630

Are Payday Loans Legal In Cadet, Missouri?

Loan Rates and Fees, Laws and Regulations in Missouri.

Missouri Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)443
Maximum Loan Amount$500 or less
Minimum Loan Term14 days
Maximum Loan Term31 days
Number of Rollovers Allowed6
Finance ChargesNo interest and fees in excess of 75% of the initial loan amount on any single loan

Cadet, MO payday loan calculator

Payday Loans in Cadet, Missouri: What You Need to Know

If you find yourself in need of cash fast, a payday loan might seem like an attractive option. But before you apply, it’s important to understand the ins and outs of payday loans, particularly in Cadet, Missouri. In this article, we’ll cover everything you need to know about payday loans in Cadet, including the laws and regulations surrounding them, the pros and cons, and how to apply.

What are Payday Loans?

Payday loans are short-term loans designed to cover unexpected expenses between paychecks. They typically have high interest rates and must be repaid in full, plus interest and fees, by the borrower’s next payday. In Cadet, Missouri, payday loans are legal but are subject to strict regulations to protect consumers.

Regulations in Cadet

In Missouri, payday loans are regulated by the Missouri Division of Finance. Lenders must be licensed and are prohibited from charging more than 75% interest on the original loan amount. The maximum loan amount allowed is $500, and loans cannot be renewed or rolled over. This means that borrowers must pay off the loan in full before taking out another one.

Pros and Cons

Like any financial product, payday loans have both advantages and disadvantages. On the one hand, payday loans can be a lifesaver for people facing unexpected expenses or emergencies. They are easy to obtain and can be deposited into your bank account quickly. On the other hand, payday loans come with high interest rates and fees, which can trap borrowers in a cycle of debt. If you’re considering a payday loan, it’s important to weigh the pros and cons carefully and make sure you understand all the terms and conditions.

How to Apply

If you decide to apply for a payday loan in Cadet, Missouri, there are several steps you’ll need to follow. First, find a licensed lender in your area. You can do this by searching online or by visiting a physical storefront. Next, fill out the loan application. You’ll need to provide personal information such as your name, address, and employment status. You’ll also need to provide proof of income and a valid ID. If you’re approved for the loan, the lender will deposit the funds into your bank account. It’s important to read the loan agreement carefully and make sure you understand all the terms and conditions before signing.

Interesting Facts and Statistics

– According to a report by the Consumer Financial Protection Bureau, in Missouri, the average payday loan is $317 and the average APR is 462%.
– In 2019, Missouri lawmakers introduced legislation to cap the interest rate on payday loans at 36%, but the bill did not pass.
– The payday loan industry generates billions of dollars in revenue each year, with some estimates putting the total at over $9 billion in 2020.

Apply Now

If you’re in need of a payday loan in Cadet, Missouri, TheGuaranteedLoans can help. We are a connector service that works with a network of reputable lenders to find the best loan options for our customers. To get started, simply fill out our online application form. We’ll take it from there, connecting you with potential lenders who can meet your needs. Just remember that payday loans are a short-term solution and should be used carefully and responsibly.

Conclusion

In summary, payday loans can be a useful tool for people facing unexpected expenses or emergencies in Cadet, Missouri. However, they can also come with high costs and risks, so it’s important to weigh the pros and cons carefully and make sure you understand all the terms and conditions. If you’re considering a payday loan, be sure to explore all your options and only borrow what you can afford to repay.

F.A.Q.

Can I be sued or have my wages garnished if I cannot repay my payday loan in Cadet, Missouri?

Yes, if you fail to repay your payday loan in Cadet, Missouri, the lender may take legal action to recover the debt, including suing you or garnishing your wages.

Can I file a complaint about a payday lender in Cadet, Missouri?

Yes, if you have a complaint about a payday lender in Cadet, Missouri, you can contact the state's Division of Finance to file a complaint and seek assistance.