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

Company nameAddressZip codePhone number
Joseph F. Eaton CPA PC 7 Dawson St, Huntington Station, NY 11746 +1 (631) 424 - 6500
Professional Recovery-Syracuse 7840 Goguen Dr, Liverpool, NY 13090 +1 (315) 622 - 9026
Self Reliance Federal CU 226 Uniondale Ave, Uniondale, NY 11553 +1 (516) 565 - 2393
KeyBank 14 Main St, Hoosick Falls, NY 12090 +1 (518) 686 - 7347
Raymond James Financial Services 106 E Court St, Ithaca, NY 14850 +1 (607) 273 - 7900
Check Cashing Place 280 E 198th St, Bronx, NY 10458 +1 (718) 367 - 0234
M&T Bank 108 N Front St, Kingston, NY 12401 +1 (845) 339 - 7000
Westside Community Federal Credit Union 125 E Buffalo St, Churchville, NY 14428 +1 (585) 293 - 3840
Western Union Meat Corp, 210 Rte 9W, Haverstraw, NY 10927 +1 (845) 429 - 6192
KeyBank 55 Douglas Ln, East Aurora, NY 14052 +1 (716) 652 - 6900

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Jewett, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Mount Vernon, NY, Payday Loan Without a Credit Check in New City, NY, Payday Loans in New Rochelle, NY, Guaranteed Loans in New York, NY, Online Loans in Niagara Falls, NY, Payday Loans in North Tonawanda, NY, Payday Loans in Oceanside, NY and Payday Loans in Ossining, 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 Jewett, NY.

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

12444

Are Payday Loans Legal In Jewett, 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

Jewett, NY payday loan calculator

When it comes to getting a quick loan to pay off an unexpected expense in Jewett, New York, it may be tempting to turn to payday loans. However, it’s critical to understand that payday loans are prohibited in New York due to the state’s strong consumer protection laws.

Why Are Payday Loans Prohibited in New York?

Payday loans, also known as cash advances, typically involve small-dollar loans with high interest rates and fees. They often target low-income borrowers who may have trouble repaying the loans in full and on time.

New York State’s Department of Financial Services has taken significant steps to protect consumers from the harmful effects of payday loans. These protections include:

  • Capping interest rates at 25% for loans of up to $50,000
  • Prohibiting payday loans completely
  • Mandating that lenders be licensed by the state
  • Mandating that lenders post clear and transparent loan terms and fees

All of these measures are designed to prevent borrowers from falling into a cycle of debt caused by high-interest loans with short repayment terms.

Why Should You Avoid Payday Loans?

Although payday loans may seem like a quick and easy solution to a financial emergency, they can ultimately lead to more financial stress and hardship.

First and foremost, payday loans typically come with exorbitant interest rates and fees that can quickly add up, making it difficult to repay the loan in full and on time. This can lead to borrowers taking out additional loans to cover the original debt, creating a cycle of debt that can be challenging to escape.

In addition, payday lenders often don’t take a borrower’s ability to repay the loan into account, leading to loans that are larger than a borrower can realistically afford to repay. Furthermore, many lenders may require access to a borrower’s bank account or ask for post-dated checks, giving them the ability to withdraw funds directly from a borrower’s account.

This can lead to additional fees, overdraft charges, and even bank account closures — causing further financial strain and stress.

What Are The Alternatives?

If you need quick cash to cover an unexpected expense, there are several alternatives to payday loans that you can explore.

One option is a personal installment loan, which typically comes with a lower interest rate and longer repayment terms. Another option is a credit card cash advance, although it’s crucial to be aware of the high fees and interest rates typically associated with these types of transactions.

You could also consider reaching out to family, friends, or charitable organizations for assistance. Many local nonprofits and government programs provide financial assistance to those in need, and may be able to offer you more favorable terms and repayment options than a payday lender.

Interesting facts and statistics about Payday loans in Jewett, New York.

While payday loans are prohibited in New York State, that hasn’t stopped some lenders from attempting to skirt the law.

According to the Department of Financial Services, some payday lenders have been caught using illegal tactics like:

  • Charging interest rates well above the legal limit
  • Engaging in deceptive advertising and marketing practices
  • Subjects borrowers to harassment, threats and intimidation to collect debts

In 2019, the DFS took action against several illegal payday lenders, ordering them to pay millions of dollars in penalties and restitution to affected borrowers. This is just one example of how New York State is committed to protecting consumers from predatory lending practices.

Apply Now

If you’re in need of quick cash to cover an unexpected expense, TheGuaranteedLoans can help. We are a connector service that can help you find potential lenders for your financial needs. However, it is crucial to note that we are not a direct lender. We’re here to make the process of finding and applying for a loan as easy and stress-free as possible.

To get started, simply fill out our online application form and provide us with some basic information about your financial needs. We’ll use this information to match you with potential lenders who may be able to provide the funds you need. From there, you can review loan terms and choose the lender that’s right for you.

Remember, it’s always crucial to read the terms and conditions of any loan before signing on the dotted line. Make sure you understand the interest rates, fees, and repayment terms before accepting any loan offer.

In conclusion, payday loans may seem like an appealing option when you need quick cash, but they often come with high interest rates, fees, and repayment terms that can be difficult to manage. If you’re in need of funds to cover unexpected expenses, consider alternative options like personal installment loans or reaching out to local nonprofits and government programs for assistance. And if you do decide to apply for a loan, let TheGuaranteedLoans connect you with potential lenders who can offer you more favorable terms and repayment options.

F.A.Q.

Can I be arrested for taking out a payday loan in Jewett, New York?

It is unlikely that a borrower would be arrested for taking out a payday loan in Jewett, New York, as the focus of enforcement efforts is typically on the lenders, rather than the borrowers. However, borrowers who knowingly engage in illegal activities, such as providing false information to a lender or participating in a loan scheme, may face criminal charges.

Are there any other resources available to help me avoid predatory lending in Jewett, New York?

Yes, there are several resources available to help consumers avoid predatory lending in Jewett, New York, including the state's Consumer Financial Protection Bureau, the New York State Banking Department, and the New York City Department of Consumer Affairs.