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

Company nameAddressZip codePhone number
SEFCU 8086 Brewerton Rd, Cicero, NY 13039 +1 (800) 727 - 3328
David's Check Cashing & Financial 294 Main St, Nyack, NY 10960 +1 (845) 358 - 5652
NBT Bank 5390 W Genesee St, Camillus, NY 13031 +1 (315) 487 - 2180
Chase Bank 700 Clock Tower Commons Dr, Brewster, NY 10509 +1 (845) 940 - 0120
KeyBank 5207 Broadway, Lancaster, NY 14086 +1 (716) 651 - 6060
Gianna's Check Cashing 145 Bay Shore Rd, Deer Park, NY 11729 +1 (631) 392 - 1913
Action Check Cashing Inc 4729 White Plains Rd # A, Bronx, NY 10470 +1 (718) 994 - 5778
Lexington Avenue Federal CU 1275 Lexington Ave, Rochester, NY 14606 +1 (585) 254 - 4543
Ukrainian Federal Credit Union - Webster Branch 900 Holt Rd, Webster, NY 14580 +1 (585) 545 - 6276
Chase Bank 7977 Jericho Turnpike, Woodbury, NY 11797 +1 (516) 921 - 4952

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Kendall, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Yonkers, NY, Payday Loans in Albany, NY, Payday Loans in Babylon, NY, Payday Loans in Bay Shore, NY, Payday Loan for Binghamton, NY, Payday Loans in Brentwood, NY, Payday Loans in Brookhaven, NY and Payday Loan for Brooklyn, 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 Kendall, NY.

Beautiful sights of Kendall, NY

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

14476

Are Payday Loans Legal In Kendall, 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

Kendall, NY payday loan calculator

Payday Loans in Kendall, New York

Payday loans are small-dollar, short-term loans that are often marketed as a way to bridge the gap between paychecks. However, they come with high fees and interest rates that can trap borrowers in a cycle of debt. In New York, payday loans are illegal, and the state has strong consumer protections in place to prevent predatory lending practices.

Why are Payday Loans Prohibited in New York?

New York’s Department of Financial Services (DFS) explicitly prohibits payday lending within the state. The DFS explains that payday loans are “debt traps” because they carry high annual percentage rates (APRs), typically ranging from 300% to 400%, and balloon payments that make it difficult for borrowers to repay the debt on time. These loans are often marketed to people with low incomes who are unable to access traditional forms of credit, but can end up costing more than the original loan amount, keeping borrowers in debt for weeks, months, or even years.

While payday lending is illegal in New York, some lenders try to circumvent state law by offering loans online or through telemarketing. These lenders are considered “unlicensed” and are subject to enforcement action.

Consumer Protections in New York

New York has one of the strongest regulatory frameworks in the country to protect consumers from predatory lending practices. The state’s usury laws cap interest rates at 16% for most lenders and 25% for pawnshops. Additionally, the state’s payday lending law specifically prohibits loans with terms of less than 60 days and APRs exceeding 25%.

The DFS also operates the Consumer Protection Unit to investigate and prosecute predatory lending practices. Consumers who have been targeted by payday lenders or other unlicensed lenders can file a complaint with the DFS or call the agency’s hotline for assistance.

Alternatives to Payday Loans in Kendall, New York

If you’re in need of emergency funds and don’t have access to traditional forms of credit, there are alternatives to payday loans that can help you get the cash you need without falling into a debt trap. Here are a few options:

  • Credit unions: Many credit unions offer small-dollar loans with reasonable interest rates and fees, as well as financial counseling and education.
  • Emergency assistance programs: Nonprofits and community organizations often offer emergency funds for rent, utilities, and other essential needs.
  • Credit counseling: A credit counselor can help you manage your finances, budget for emergencies, and find alternatives to high-cost loans.

Interesting Facts and Statistics about Payday Loans in Kendall, New York

  • In 2019, the DFS took action against 31 payday lenders and debt collectors that were operating illegally in the state.
  • New York’s payday lending law has been in place since 2008, effectively shutting down the industry within the state.
  • A 2017 report from the Center for Responsible Lending found that payday lending drained $1.5 billion in fees from low-income borrowers in the US.

Apply Now

If you’re in need of emergency funds and don’t have access to traditional forms of credit, TheGuaranteedLoans can help connect you with potential lenders who can offer small-dollar loans with reasonable terms and fees. We are a connector service, not a lender, and we work with a network of trusted lenders who adhere to New York’s state laws and regulations.

Don’t fall into the payday loan trap – apply with TheGuaranteedLoans today and get the cash you need, when you need it.

F.A.Q.

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

It is illegal for lenders to offer payday loans in Kendall, 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 Kendall, New York?

If you have already taken out a payday loan in Kendall, 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.