Payday Loans in Berlin, New York

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 Berlin, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
MMP Capital 19 Engineers Ln, Farmingdale, NY 11735 +1 (516) 454 - 4570
Home Mortgage Network 1 Railroad Ave 2, Goshen, NY 10924 +1 (845) 294 - 7851
Coopers Cave FCU 92 Dix Ave, Glens Falls, NY 12801 +1 (518) 793 - 9502
Payday Loans 86 Grand St, New York, NY 10013 +1 (646) 727 - 4787
Roslyn Savings Bank, a division of New York Community Bank 719 Smithtown Bypass, Smithtown, NY 11787 +1 (631) 265 - 2600
Bank of America Financial Center 500 State St, Schenectady, NY 12305 +1 (518) 370 - 8506
Western Union Walgreens, 161 Main St, Westhampton Beach, NY 11978 +1 (631) 288 - 5848
Wells Fargo Home Mortgage 100 Duffy Ave, 4th Floor, Hicksville, NY 11801 +1 (516) 827 - 1632
Trustco Bank 104 Merchant Pl, Cobleskill, NY 12043 +1 (518) 254 - 0290
Citibank 111 Great Neck Rd, Great Neck, NY 11021 +1 (516) 331 - 5268

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Berlin, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan for Spring Valley, NY, Emergency Loan in Staten Island, NY, Guaranteed Loans in Syracuse, NY, Payday Loans in Troy, NY, Same Day Loans in Uniondale, NY, Payday Loans in Utica, NY, Payday Loans in Valley Stream, NY and Guaranteed Loans in Warwick, NY. 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 Berlin, NY.

Payday Loans Available in Berlin, NY By The Following ZIP Codes:

12022

Are Payday Loans Legal In Berlin, New York?

Payday Lending is Prohibited in New York

New York Loan Regulations

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

Berlin, NY payday loan calculator

Payday Loans in Berlin, New York: What You Need to Know

Payday loans, also known as short-term loans, are a type of high-interest, small-dollar loan. They are popular among people who need quick access to cash but have limited credit options. However, payday loans are illegal in New York State. It’s important to understand the law and your options before considering a payday loan in Berlin, New York.

Payday Loans are Prohibited in New York

New York State law prohibits payday loans. The law caps the interest rate at 25% and bars lenders from issuing payday loans with terms of less than 30 days. This means that payday lending companies cannot operate in New York State without violating the law.

Instead, New York offers several options for borrowing money to bridge the gap between paychecks. These include:

  • Credit unions
  • Bank loans
  • Personal loans
  • Credit cards
  • Government assistance programs

These options are legal and can provide similar short-term financial assistance without the high cost and risk associated with payday loans.

The Risks of Payday Loans

Payday loans can be a dangerous and expensive way to borrow money. Because they are short-term loans, the fees and interest rates are often extremely high. In some cases, borrowers end up paying more in fees than they originally borrowed.

Additionally, payday lenders often target vulnerable individuals who may not be able to pay back the loan on-time. This can lead to a cycle of debt where the borrower must continually take out new loans to pay off the old ones.

Interesting Facts and Statistics About Payday Loans in Berlin, New York

  • In 2018, the New York State Department of Financial Services forced a payday loan company to pay $3 million in fines and restitution for violating state lending laws
  • The average APR for payday loans in the United States is 400%
  • More than 80% of payday loans are rolled over or followed by another loan within 14 days
  • The average payday loan borrower takes out eight loans per year

Apply Now

If you find yourself in need of a short-term loan, it’s important to consider all of your options before turning to payday loans. At TheGuaranteedLoans, we can help connect you with potential lenders who can provide personal loans or other short-term lending options that are legal in New York State.

To apply, simply fill out our online application form. We are a connector service, not a direct lender, which means that we work with a network of licensed lenders to help you find the best loan options for your needs. Our service is free and confidential, and we’re committed to helping you get the financial assistance you need.

Don’t Let Payday Loans Put You in Debt. Apply for a Legal Short-Term Loan with TheGuaranteedLoans Today.

F.A.Q.

Can I be charged with a crime for taking out a payday loan in Berlin, New York?

It is illegal for lenders to offer payday loans in Berlin, New York, so borrowers cannot be charged with a crime for taking out a payday loan. However, lenders may face criminal charges for engaging in illegal lending practices.

What should I do if I have already taken out a payday loan in Berlin, New York?

If you have already taken out a payday loan in Berlin, New York, you should contact the lender to try to negotiate a repayment plan. If the lender is unwilling to work with you, you may want to seek out alternative forms of financing or seek legal advice.