Payday Loans in Fishers Island, 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 Fishers Island, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
Brunner International Inc. 3959 Bates Rd, Medina, NY 14103 +1 (585) 798 - 6000
Tioga United Way Inc 24 NY-96, Owego, NY 13827 +1 (607) 687 - 4028
Marathon Financial Advisors 6319 Fly Rd 1, East Syracuse, NY 13057 +1 (315) 446 - 5797
Chase Bank 32 Station Rd, Bellport, NY 11713 +1 (631) 286 - 4200
NAPA Auto Parts - Genuine Parts Company 3034 East Ave 49, Central Square, NY 13036 +1 (315) 668 - 6600
KeyBank 4763 Salina St, Pulaski, NY 13142 +1 (315) 908 - 4985
WNY Check Cashing Services 675 N Fillmore Ave, Buffalo, NY 14212 +1 (716) 893 - 4193
Collectors Coins & Jewelry of Baldwin 1846 Grand Ave, Baldwin, NY 11510 +1 (516) 223 - 1212
SEFCU 15th Street and, Sage Ave, Troy, NY 12180 +1 (800) 727 - 3328
Trustco Bank 2 Trieble Ave, Ballston Spa, NY 12020 +1 (518) 885 - 0498

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Fishers Island, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Brookhaven, NY, Same Day Loans in Brooklyn, NY, Payday Loan for Buffalo, NY, Emergency Loan in Carmel, NY, Emergency Loan in Centereach, NY, Short-term Loans in Central Islip, NY, Payday Loans in Cicero, NY and Payday Loans in Clarence, 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 Fishers Island, NY.

Beautiful sights of Fishers Island, NY

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

06390

Are Payday Loans Legal In Fishers Island, 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

Fishers Island, NY payday loan calculator

Understanding Payday Loans in Fishers Island, New York

Payday loans are a type of short-term loan that can be accessed quickly and without much hassle. These loans are designed to meet emergency financial needs and are typically repaid within a few weeks. However, it’s important to note that payday loans are prohibited in the state of New York. So, if you’re a resident of Fishers Island, New York, you should look for alternative options when in need of financial assistance.

What are Payday Loans?

Payday loans are small loans that are typically due on the borrower’s next payday or within a few weeks. These loans are often used for unexpected expenses, emergencies, or to cover short-term gaps in financial resources. In general, payday loans can range from $100 to $1,000, depending on the lender and the borrower’s income.

The application process for a payday loan is fairly simple and straightforward. Borrowers are required to provide proof of income, a checking account, and some form of identification. Once approved, the funds are deposited into the borrower’s account on the same day or the next business day.

Why are Payday Loans Prohibited in New York?

In New York, payday loans are prohibited due to the high interest rates and fees charged by lenders. The state has set a cap on the interest rates that can be charged for consumer loans, which includes payday loans. In addition, payday lending is considered predatory in nature, as it often targets low-income borrowers who may not have access to other types of credit.

According to the New York State Department of Financial Services, “payday lending is illegal in New York State because it violates the state’s usury laws. It is also illegal for a debt collector to attempt to collect on a payday loan in New York.”

Alternative Options for Fishers Island Residents

Residents of Fishers Island who need financial assistance can explore alternative options that are legal and safe. Some options include:

  • Personal Loans: Personal loans are unsecured loans that can be used for a variety of purposes. They typically have lower interest rates and longer repayment terms than payday loans.
  • Credit Cards: Credit cards can be used for emergency expenses and unexpected bills. They often come with high interest rates, but can be a better option than payday loans for borrowers who can pay off the balance quickly.
  • Emergency Assistance Programs: Some nonprofits and government agencies offer emergency assistance programs for low-income individuals and families. These programs can provide financial assistance with rent, utilities, and other necessities.

Interesting Facts and Statistics about Payday Loans

While payday loans are illegal in New York, they are still a popular option in other states. Here are some interesting facts and statistics about payday loans:

  • Nearly 12 million Americans use payday loans each year: According to a report by Pew Charitable Trusts, about 12 million Americans take out payday loans each year, spending an average of $520 in fees to repeatedly borrow $375.
  • Payday loans disproportionately affect low-income individuals and communities of color: A study by the Center for Responsible Lending found that payday lenders are more likely to be located in low-income neighborhoods and communities of color.
  • Payday loans can trap borrowers in a cycle of debt: Because payday loans are due on the borrower’s next payday, they can be difficult to repay on time. Borrowers who are unable to repay the loan on time are often hit with additional fees and interest, which can lead to a cycle of debt.

Apply Now

If you’re in need of financial assistance, TheGuaranteedLoans can help connect you with potential lenders who may be able to meet your needs. Remember that TheGuaranteedLoans is a connector service, not a direct lender.

Visit our website to fill out an online application and get connected with lenders who may be able to provide the financial assistance you need. Our process is quick, easy, and secure.

Remember to carefully review the terms and conditions of any loan offer before accepting it. Only borrow what you can afford to repay, and avoid taking out multiple payday loans or other high-interest loans at the same time.

F.A.Q.

How do I know if a lender is offering illegal payday loans in Fishers Island, New York?

Lenders offering illegal payday loans in Fishers Island, New York may not be licensed by the state and may have high interest rates and fees that are not allowed under state law.

What can I do if I have taken out an illegal payday loan in Fishers Island, New York?

If you have taken out an illegal payday loan in Fishers Island, New York, you can contact the New York State Department of Financial Services to report the lender and seek assistance in resolving the issue.