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

Company nameAddressZip codePhone number
Legacy Bank & Trust 175 Johnstown Dr, Rogersville, MO 65742 +1 (417) 753 - 4343
Advance America 284 SW Blue Pkwy, Lee's Summit, MO 64063 +1 (816) 554 - 7944
First Community Bank 21196 US-71, Pineville, MO 64856 +1 (417) 226 - 6299
Cash-N-Go 310 W 4th St, Eldon, MO 65026 +1 (573) 557 - 2544
Cash City/Benton Bail Bonds 42 E Missouri St, Benton, MO 63736 +1 (573) 545 - 4000
Saints Avenue Bank 115 S Public St, Center, MO 63436 +1 (573) 267 - 3324
Arnold Jewelry & Loan Inc 1516 Jeffco Blvd, Arnold, MO 63010 +1 (636) 282 - 3533
UMB Bank with drive-thru services 220 S 2nd St, Clinton, MO 64735 +1 (660) 885 - 7755
Bank of Old Monroe Moscow Mills 10 Freise Industrial Dr, Moscow Mills, MO 63362 +1 (636) 356 - 4000
Security Finance 121 W Monroe St, Mexico, MO 65265 +1 (573) 581 - 9002

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Granger, 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, Emergency Loan in Saint Charles, MO, Payday Loans in Saint Joseph, MO, Payday Loan Companies in Saint Louis, MO, Emergency Loan in Saint Peters, MO, Emergency Loan in Springfield, MO and 24-Hour Loan 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 Granger, MO.

Beautiful sights of Granger, MO

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

63442

Are Payday Loans Legal In Granger, 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

Granger, MO payday loan calculator

The Ins and Outs of Payday Loans in Granger, Missouri

Are you facing an unexpected expense or temporarily short on cash? A payday loan may be a viable option to help you bridge the gap between paychecks. In Granger, Missouri, payday loans are legal and readily available. However, before taking out a payday loan, it’s important to understand the ins and outs of this type of borrowing and to make an informed decision.

What is a Payday Loan?

A payday loan is a small, short-term loan that typically must be repaid on the borrower’s next payday. These types of loans are designed to help individuals cover an unexpected expense or to make ends meet between paychecks. In Granger, Missouri, payday loans are subject to state regulations and lenders must comply with these rules.

How Do Payday Loans Work?

The process of obtaining a payday loan is relatively simple. The borrower typically fills out an application and provides proof of income, such as a paycheck stub. Once approved, the borrower receives the loan amount in cash or deposited into their bank account. On the borrower’s next payday, the loan amount plus fees and interest is due to be repaid in full. In some cases, borrowers may be able to extend the loan term by paying additional fees.

The Pros and Cons of Payday Loans

There are several advantages and disadvantages to consider when deciding whether a payday loan is the right choice for your financial situation.

Advantages:

  • Quick and easy access to cash
  • No credit check required
  • Approval rates are typically high
  • Can be a helpful option for individuals with poor credit or no credit history

Disadvantages:

  • High fees and interest rates
  • Short repayment period
  • May lead to a cycle of debt if not repaid on time
  • Not suitable for long-term financial solutions

Interest Rates and Fees

In Granger, Missouri, payday lenders are required by law to disclose the annual percentage rate (APR) and all fees associated with the loan. The maximum amount a borrower can be charged is 75% of the loan amount in interest and fees over the life of the loan.

For example, if a borrower takes out a $500 payday loan, they can be charged up to $375 in interest and fees over the life of the loan. This means the total repayment amount would be $875. It’s important to carefully review all fees and interest rates before agreeing to a payday loan.

Interesting Facts and Statistics

According to a 2019 report from the Missouri Division of Finance, there were over 1.1 million payday loans issued in Missouri, totaling over $321 million in loan volume. The average loan amount was $290 and the average APR was 443%. Additionally, the report found that the majority of borrowers were repeat customers.

Apply Now

If you’re considering a payday loan in Granger, Missouri, TheGuaranteedLoans can help connect you with potential lenders. Our online application process is quick and easy, and we work with a network of reputable lenders that adhere to state and federal lending regulations. Please note that we are a connector service and not a direct lender. We encourage you to carefully review all fees and interest rates before agreeing to a loan.

Don’t let an unexpected expense or tight financial situation leave you struggling until your next paycheck. Consider a payday loan as a short-term borrowing option that could help you bridge the gap.

F.A.Q.

Can I be charged with criminal penalties for defaulting on a payday loan in Granger, Missouri?

No, in Granger, Missouri, borrowers cannot be charged with criminal penalties for defaulting on a payday loan. However, lenders may pursue civil action to collect on unpaid loans.

Is a credit check required for payday loans in Granger, Missouri?

No, payday lenders in Granger, Missouri do not typically perform credit checks during the loan application process.