Payday Loans in Gabriels, 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 Gabriels, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
Hudson Valley Credit Union 324 Main St, Beacon, NY 12508 +1 (845) 463 - 3011
The Mortgage Capital Group 982 Montauk Hwy #3, Bayport, NY 11705 +1 (516) 443 - 4873
KeyBank 469 E Main St, Malone, NY 12953 +1 (518) 483 - 7000
Bank of America with Drive-thru ATM 6801 E Genesee St, Fayetteville, NY 13066 +1 (315) 446 - 6608
Community Bank, N.A. 105 S Main St, Moravia, NY 13118 +1 (315) 497 - 3047
Gold & Silver For Cash 67 Genesee St, Avon, NY 14414 +1 (585) 226 - 9111
KeyBank 369 E Fairmount Ave, Lakewood, NY 14750 +1 (716) 526 - 0020
Premier Pawn & Jewelry 150A Wheeler Rd, Central Islip, NY 11722 +1 (631) 234 - 0024
Woodforest Bank 1400 County Rd 64, Horseheads, NY 14845 +1 (607) 739 - 1468
M&T Bank 3037 Bailey Ave, Buffalo, NY 14215 +1 (716) 834 - 5745

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Gabriels, NY, you can try to find different companies in big cities near by. Check out the following pages here: Quick Loan in East Meadow, NY, Quick Loan in Eastchester, NY, Payday Loans in Elmont, NY, Guaranteed Loans in Franklin Square, NY, Payday Loan for Freeport, NY, Bad Credit Loans in Guilderland, NY, Payday Loans in Hamburg, NY and Payday Loans in Haverstraw, 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 Gabriels, NY.

Beautiful sights of Gabriels, NY

Are Payday Loans Legal In Gabriels, 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

Gabriels, NY payday loan calculator

Payday loans are popular among consumers in need of short-term financial assistance to pay for unexpected expenses or emergencies like home repairs or medical bills.

In Gabriels, New York, payday loans are legally prohibited. New York State law prohibits payday loans due to the high interest rates and predatory lending practices associated with these loans. It is difficult to take out a payday loan in Gabriels, New York, as lenders are not allowed to operate in the state.

Why are payday loans prohibited in Gabriels, New York?

The state of New York has taken a strong stance against payday lending due to the high interest rates charged by lenders and the negative impact these loans can have on borrowers. Inflation-adjusted interest rates on payday loans in the United States are typically over 300% and can go as high as 400% or more.

These high rates make it difficult for borrowers to repay their loans, leading to a cycle of debt where borrowers must continually take out new loans to pay off the old ones. This can cause borrowers to end up paying much more in interest and fees than the amount of the original loan.

Payday lenders have also been accused of engaging in predatory lending practices that target vulnerable low-income borrowers. Many borrowers find themselves trapped in a cycle of debt due to the high fees charged by payday lenders and the difficulty of repaying the loans.

What are the alternatives to payday loans in Gabriels, New York?

Although payday loans are prohibited in Gabriels, New York, there are still a variety of alternatives available to consumers in need of short-term financial assistance. These alternatives include:

  • Personal loans from a bank or credit union
  • Credit card cash advances
  • Borrowing from family or friends
  • Working out a payment plan with the creditor

These alternatives have lower interest rates and fees than payday loans, and are generally much better options for borrowers in need of short-term financial assistance.

Interesting facts about payday loans in Gabriels, New York

  • In 2019, New York State sued a payday loan company for charging interest rates in excess of 20%.
  • New York has one of the strongest usury laws in the country, which prohibits loans with an interest rate of over 25%.
  • In 2020, the Consumer Financial Protection Bureau announced that it would be rolling back regulations on payday lending, which could make it easier for payday lenders to operate in states like New York.

Apply Now

If you are in need of short-term financial assistance in Gabriels, New York, and are considering a payday loan, it is important to remember that these loans are illegal in the state. Instead, consider alternatives like personal loans from a bank or credit union, credit card cash advances, or borrowing from family or friends.

If you are unsure about the best course of action or need further assistance, consider applying for a loan through TheGuaranteedLoans.

TheGuaranteedLoans is a connector service, not a direct lender, which means that we connect borrowers with potential lenders who match their needs and qualifications. Our application process is quick and easy, and we work with a variety of lenders to ensure that our clients get the best possible rates and terms.

Apply now and get connected with a lender today!

F.A.Q.

What should I do if a payday loan lender is threatening me with legal action in Gabriels, New York?

If a payday loan lender is threatening you with legal action in Gabriels, New York, you should contact the New York State Department of Financial Services to report the lender's actions. The department may be able to help you resolve the issue and protect your rights.

Is it possible to get a payday loan from a lender in another state and use it in Gabriels, New York?

No, it is not possible to get a payday loan from a lender in another state and use it in Gabriels, New York. Payday loans are illegal in Gabriels, New York, regardless of where the lender is located.