Payday Loans in Breezy Point, 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 Breezy Point, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
Credit Repair Service 517 Union St, Schenectady, NY 12305 +1 (518) 252 - 0645
Capital One Bank 40 Newtown Ln, East Hampton, NY 11937 +1 (631) 324 - 7230
Express Capital Financing 2625 E 14th St suite 209, Brooklyn, NY 11235 +1 (718) 255 - 9178
Steve Brett - Raymond James 10 Melville Park Rd, Melville, NY 11747 +1 (631) 414 - 4020
Adirondack Bank 4681 Commercial Dr, New Hartford, NY 13413 +1 (315) 768 - 2353
SUNY Geneseo Federal Credit Union 1 College Cir, Geneseo, NY 14454 +1 (585) 245 - 5700
Chase Bank 1946 Pleasantville Rd, Briarcliff Manor, NY 10510 +1 (914) 941 - 2900
Jackson Hewitt Tax Service 515 E 4th St, Watkins Glen, NY 14891 +1 (607) 622 - 8342
Teachers Federal Credit Union 2410 N Ocean Ave, Farmingville, NY 11738 +1 (631) 698 - 7000
Chase Bank 124 NY-303, Valley Cottage, NY 10989 +1 (845) 268 - 6393

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Breezy Point, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Rye, NY, Payday Loan Companies in Schenectady, NY, Payday Loan for Smithtown, NY, Payday Loans in Southampton, NY, 24-Hour Loan in Spring Valley, NY, Payday Loans in Staten Island, NY, No Credit Check Loans in Syracuse, NY and Payday Loans in Troy, 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 Breezy Point, NY.

Beautiful sights of Breezy Point, NY

Are Payday Loans Legal In Breezy Point, 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

Breezy Point, NY payday loan calculator

Payday Loan Alternatives in Breezy Point, New York

Payday loans are prohibited in New York; however, residents of Breezy Point may still find themselves in need of short-term financial assistance. In situations like these, it is important to understand the available options for obtaining fast cash without falling into the payday loan trap.

There are several alternatives that can help you get back on your feet. Here are some options:

  • Credit Union Loans: Credit unions are nonprofit financial institutions that offer loans and other financial products to their members. They have lower interest rates and fees than traditional banks, making them a great option for those looking to borrow money.
  • Personal Loans: Personal loans are typically unsecured loans taken out from a bank, credit union, or online lender. They have a fixed interest rate and repayment term, allowing you to budget your finances accordingly.
  • Credit Card Cash Advance: Some credit card companies offer cash advances, which can provide you with the funds you need. However, these advances often come with high-interest rates and fees, so be sure to read the fine print before proceeding.
  • Family and Friends: In times of need, family and friends may be able to offer financial assistance. Just be sure to discuss the repayment terms and stick to them to avoid any tensions in your relationships.

The Dangers of Payday Loans

While payday loans may seem like a quick fix, they can quickly lead to a cycle of debt that is difficult to break. These loans often come with extremely high-interest rates and fees that can surpass 400% APR, leaving borrowers unable to pay back the loan on time. This results in additional fees, which further compounds the debt. It is not uncommon for borrowers to roll over their loans repeatedly, paying more and more fees each time.

The payday loan industry has been known to engage in predatory lending practices, targeting vulnerable communities with false promises of financial relief. These loans are often marketed as a solution to unexpected emergencies or bills, but they are designed to keep borrowers in a perpetual cycle of debt. Due to the high fees and interest rates associated with payday loans, borrowers end up paying significantly more than the original amount borrowed.

Interest Rates and Fees

The interest rates and fees associated with payday loans can be exorbitant, which is why they are illegal in New York. These loans often come with fees that can add up to as much as $15 for every $100 borrowed, which can equal an APR of 400% or more.

Many borrowers find themselves unable to repay the loan on time, which results in additional fees and interest charges. This can create a cycle of debt that is difficult to break, leading to financial distress and further expenses.

Interesting Facts and Statistics

  • Payday loans are illegal in New York but remain legal in many other states.
  • The average payday loan borrower takes out eight loans per year and spends $520 on interest alone.
  • The payday loan industry generates approximately $9 billion in fees annually.
  • Payday loans disproportionately affect low-income and minority communities.
  • In states where payday loans are legal, 1 in 6 borrowers ends up in default.

Apply Now

If you are in need of short-term financial assistance, it is important to explore all of your options and consider the long-term consequences of any loan you take out. TheGuaranteedLoans can help connect you with reputable lenders who offer personal loans with fair terms and rates.

Please note that TheGuaranteedLoans is a connector service, not a direct lender. We work with a network of lenders to find the best loan option for your needs. To get started, simply fill out our online application and we will match you with a lender who can provide the financial assistance you need.

Remember, taking out a loan should be a last resort, and it is important to understand the terms and conditions before proceeding.

F.A.Q.

Can I be sued or have my wages garnished if I default on a payday loan in Breezy Point, New York?

No, because payday loans are illegal in Breezy Point, New York, lenders cannot sue borrowers or garnish their wages for non-payment.

Are there any protections for borrowers who take out illegal payday loans in Breezy Point, New York?

Yes, the state of New York has established several protections for borrowers who may be misled or exploited by illegal payday lenders. These include the right to cancel a loan within five days, the right to dispute any charges or fees, and the right to seek legal assistance.