Payday Loans in Coatsville, 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 Coatsville, MO. Consider companies in other cities:

Company nameAddressZip codePhone number
A&A Loans of Cardwell, LLC. 496 US-412 # 3, Cardwell, MO 63829 +1 (573) 654 - 3900
LendNation 1100 S Louise St Ste B, Salem, MO 65560 +1 (573) 729 - 3352
A-1 Premium Acceptance 1170 W Kansas St H1, Liberty, MO 64068
World Finance 818 E 12th St, Lamar, MO 64759 +1 (417) 682 - 3711
Eldon Missouri Money Store 218 S Mill St # B, Eldon, MO 65026 +1 (573) 392 - 6999
Check Into Cash 102 W George E Phelps Blvd, Carthage, MO 64836 +1 (417) 358 - 4604
World Finance 2725 N Kansas Expy Ste. 148, Springfield, MO 65802 +1 (417) 862 - 3388
Accel Loans 1412 N Kingshighway, Cape Girardeau, MO 63701 +1 (573) 334 - 3256
Old Missouri Bank 218 N Webster Ave, Ash Grove, MO 65604 +1 (417) 672 - 2572
World Finance Corporation 772 E. US Highway 54, Suite 4, Camdenton, MO 65020 +1 (573) 317 - 9541

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Coatsville, MO, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Lee's Summit, MO, Payday Loans in Liberty, MO, Payday Loan for Saint Charles, MO, Payday Loans in Saint Joseph, MO, Payday Loans in Saint Louis, MO, Payday Loans in Saint Peters, MO, Payday Loans in Springfield, MO and Online Loans in Wentzville, 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 Coatsville, MO.

Are Payday Loans Legal In Coatsville, 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

Coatsville, MO payday loan calculator

Payday Loans in Coatsville, Missouri – A Detailed Guide

Payday loans offer quick cash to individuals who need it the most. With supplementary expenses coming up unexpectedly, these loans are an excellent way of dealing with financial stress. Coatsville, Missouri, permits the provision of payday loans, so if you’re a resident of the city facing a cash crunch, this article is for you.

What are Payday Loans?

Before getting into the specifics of payday loans in Coatsville, Missouri, let’s primarily define what these loans are. Payday loans provide immediate cash advances to borrowers who can repay the loan amount with interest on their next payday. Typically, these loans are meant to be short-term and can be an excellent source of emergency funding when used wisely.

Legal Framework

Payday loans are entirely legal in Coatsville, Missouri, and are available to anyone who meets the eligibility criteria. The state laws governing the provision of payday loans require lenders to be licensed. Lenders are allowed to charge interest rates up to 75% of the initial loan amount, and borrowers can request a maximum loan amount of $500. The loan term can range from anywhere between 14 to 31 days.

Eligibility Criteria

The eligibility criteria to qualify for a payday loan in Coatsville, Missouri, include:

  • Must be over 18 years of age.
  • Must have a regular source of income such as a job or a pension.
  • Must provide a valid social security number and an active bank account.
  • Should not be an active member of the military or a dependant of one.

Process of Applying for a Payday Loan

The process for applying for a payday loan in Coatsville, Missouri, is relatively straightforward and can be done online. Borrowers must fill an application form with their essential details such as name, address, contact information, social security number, and employment details. Once the application is submitted, the lender evaluates the information provided and approves the loan if the applicant meets all the criteria. Lenders typically take around one business day to transfer the loan amount to the borrower’s bank account.

Repayment of Payday Loans

Payday loans in Coatsville, Missouri, are designed to be short-term loans, and the repayment is typically due on the borrower’s next payday. Lenders require borrowers to provide a post-dated check for the loan amount, which they deposit on the borrower’s payday. Borrowers can also opt to repay through automatic withdrawals from their bank account. It’s essential to repay the loan on time to avoid penalties and additional interest rates.

Important Considerations

Although payday loans can be an excellent source of emergency funding, they come with a high-interest rate and can lead to a cycle of debt if not repaid on time. The interest rates on payday loans in Coatsville, Missouri, can go as high as 75%, and the lenders may charge additional fees for late payments. It’s vital to read and understand the terms and conditions carefully before signing any loan agreement and avoid taking on a loan that cannot be repaid.

Interesting Facts About Payday Loans in Coatsville, Missouri

  • According to a report by the Consumer Financial Protection Bureau, Missouri has one of the highest average payday loan interest rates in the country, at 450%.
  • According to the Pew Charitable Trusts, around 2.5 million Americans take out payday loans every year to meet their financial obligations.
  • Payday loans in Coatsville, Missouri, are regulated under the Missouri Revised Statutes Sections 408.500-408.505.

Apply Now

If you’re facing a financial crisis in Coatsville, Missouri, and need quick cash, TheGuaranteedLoans can help. Fill out an online application on our website and let us connect you with numerous potential lenders. Remember, TheGuaranteedLoans is a connector service, not a direct lender, and will facilitate your connection with potential lenders.

Disclaimer:

TheGuaranteedLoans is not a direct lender and does not make credit decisions. The company works by connecting potential borrowers with suitable lenders. The final credit decision rests with the lender and is subject to their approval criteria. Borrowers might be required to provide additional documentation or information to the lenders during the application process. TheGuaranteedLoans has no control over the rates, fees, and charges associated with the loans offered by the lenders. Borrowers should read and understand all loan terms and conditions carefully before signing any loan agreement.

F.A.Q.

What do I need to bring to the payday lender to apply for a loan?

You will need to provide proof of income, a valid government-issued ID, and a blank check from an active checking account in your name.

Are there any penalties for defaulting on a payday loan in Coatsville, Missouri?

Yes, if you default on a payday loan, the lender may charge additional fees and interest, and may pursue legal action to collect the debt.