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

Company nameAddressZip codePhone number
Missouri Loan Center 775 Chapell Dr # F, Monett, MO 65708 +1 (417) 235 - 4200
A-1 Premium Acceptance 1732 N Bishop Ave # C, Rolla, MO 65401 +1 (573) 308 - 3467
Check n Go 100 SW, MO-7, Blue Springs, MO 64014 +1 (816) 224 - 8500
Check Into Cash 1373 N Westwood Blvd, Poplar Bluff, MO 63901 +1 (573) 686 - 4145
Sun Loan Company 33 Silo Dr, Union, MO 63084 +1 (636) 583 - 7900
Citizens State Bank 207 E Commercial St, Charleston, MO 63834 +1 (573) 683 - 3373
AAA Check Advance 4 N Lincoln Dr, Troy, MO 63379 +1 (636) 462 - 5626
Sun Loan Company 1853 N Bluff St, Fulton, MO 65251 +1 (573) 592 - 7742
LendNation 1691 Rock Rd, De Soto, MO 63020 +1 (636) 337 - 0690
Check Into Cash 2219-G Missouri Blvd, Jefferson City, MO 65109 +1 (573) 636 - 8486

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Glencoe, MO, you can try to find different companies in big cities near by. Check out the following pages here: Bad Credit Loans in Saint Louis, MO, Short-term Loans in Saint Peters, MO, Payday Loans in Springfield, MO, Payday Loans in Wentzville, MO, Payday Loans in Ballwin, MO, Payday Loans in Blue Springs, MO, Payday Loan for Cape Girardeau, MO and Payday Loans in Chesterfield, 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 Glencoe, MO.

Beautiful sights of Glencoe, MO

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

63005, 63011, 63038, 63040

Are Payday Loans Legal In Glencoe, 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

Glencoe, MO payday loan calculator

Everything You Need to Know About Payday Loans in Glencoe, Missouri

Payday loans are legal in Missouri, and Glencoe residents have easy access to them. Understanding the basics of payday loans can make the application process quick and easy. In this guide, we’ll provide a comprehensive overview of payday loans in Glencoe, Missouri.

What are Payday Loans?

A payday loan is a short-term loan that borrowers use to cover unexpected expenses. It is usually a loan for a small amount that is due on their next payday. The loan amount plus interest will be automatically withdrawn from the borrower’s bank account on the due date. Payday loans are designed to be quick and easy, with minimal requirements and a simple application process.

How do Payday Loans Work?

Payday lenders in Glencoe require the borrower to fill out a loan application and provide their most recent pay stub, photo ID, and bank account information. The lender will use these documents to determine if the borrower is qualified and will be able to repay the loan. Once approved, the lender will provide the borrower with the loan amount and will typically ask for a post-dated check for the full loan amount plus interest.

On the due date, the lender will withdraw the full loan amount plus interest from the borrower’s bank account. If the borrower is unable to repay the loan on the due date, they may request an extension or rollover from the lender. This extension will come with additional fees and interest, which can quickly add up and make the loan expensive.

What are the Requirements for a Payday Loan in Glencoe, Missouri?

Payday loans in Glencoe, Missouri, have few requirements for borrowers. To qualify for a payday loan, borrowers must:

  • Be 18 years or older
  • Have a valid ID or driver’s license
  • Have a valid checking account
  • Have proof of income (pay stub, benefit statement, or bank statement)

Payday lenders may have additional qualification requirements, but these are typically the minimum requirements for borrowers in Glencoe, Missouri. Lenders may also verify the borrower’s income and employment before approving the loan.

What are the Interest Rates for Payday Loans in Glencoe, Missouri?

Payday loan interest rates in Missouri are capped at 75% of the loan amount. For example, if a borrower takes out a $500 payday loan, the maximum interest they can be charged is $375. In addition to interest, lenders may also charge additional fees for loan processing, handling, and administrative costs. Make sure to read the loan agreement carefully to understand all fees and costs associated with the loan.

Benefits and Risks of Payday Loans

Payday loans can be beneficial for borrowers who need quick cash to cover unexpected expenses. They are easy to apply for and require minimal documentation. However, payday loans also come with risks and should be used with caution. The high-interest rates and fees can make the loan expensive, and borrowers may find themselves trapped in a cycle of debt with continuous loan rollovers.

Borrowers should evaluate their finances and other alternatives before taking out a payday loan. If a borrower is struggling with debt, a payday loan may only make the situation worse. There are many nonprofit organizations and credit counseling services in Glencoe and Missouri that can provide free financial guidance and assistance.

Interesting Facts and Statistics About Payday Loans in Glencoe, Missouri

  • According to a Pew Charitable Trusts report, the average payday loan borrower in Missouri takes out eight loans per year, with an average loan size of $371.
  • In 2018, Missouri payday lenders charged an average annual interest rate of 462%, according to the Missouri Division of Finance.
  • A 2019 report by the Consumer Financial Protection Bureau found that 67% of payday loan borrowers renew their loan within two weeks of the due date.

Apply Now for a Payday Loan in Glencoe, Missouri

If you find yourself in need of quick cash to cover unexpected expenses, TheGuaranteedLoans can help. We are a connector service that can put you in touch with potential payday loan lenders in Glencoe and Missouri. Our online application is quick and easy, and we can match you with a lender who meets your requirements and qualifications. Remember, payday loans should only be used in emergencies and when there are no other options available.

Apply now for a payday loan in Glencoe, Missouri.

F.A.Q.

Can I get a payday loan from more than one lender at a time in Glencoe, Missouri?

No, it is illegal to have multiple payday loans from different lenders at the same time in Glencoe, Missouri.

How do I repay my payday loan in Glencoe, Missouri?

Most payday lenders in Glencoe, Missouri will automatically withdraw the loan amount plus fees and interest from your checking account on the due date.