Payday Loans in Lake Clear, 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 Lake Clear, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
Gem Pawnbrokers 430 Middle Country Rd, Selden, NY 11784 +1 (631) 946 - 6666
Financial Insights Inc 170 English Station Rd, Rochester, NY 14616 +1 (585) 227 - 6075
Trustco Bank 238 W Bridge St, Catskill, NY 12414 +1 (518) 943 - 5090
Bailey Check Cashing 3101 Bailey Ave, Buffalo, NY 14215 +1 (716) 832 - 4325
Aerofinance LLC 100 Park Ave, New York, NY 10017 +1 (212) 984 - 1095
Regina Check Cashing & Financial Services 911 Central Ave, Albany, NY 12206 +1 (518) 240 - 8531
loanDepot 266 Merrick Rd, Lynbrook, NY 11563 +1 (516) 758 - 8150
Trustco Bank 33-35 Center St, Ardsley, NY 10502 +1 (914) 693 - 3254
Chase Bank 49 N Franklin St, Hempstead, NY 11550 +1 (516) 489 - 4801
Corning Credit Union - Market Street Branch 87 E Market St, Corning, NY 14830 +1 (607) 962 - 3144

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Lake Clear, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Centereach, NY, Payday Loans in Central Islip, NY, Payday Loan for Cicero, NY, Guaranteed Loans in Clarence, NY, Same Day Loans in Clay, NY, Guaranteed Loans in Clifton Park, NY, Payday Loan Companies in Commack, NY and Payday Loans in Coram, 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 Lake Clear, NY.

Beautiful sights of Lake Clear, NY

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

12983

Are Payday Loans Legal In Lake Clear, 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

Lake Clear, NY payday loan calculator

In today’s world where financial crunch can happen anytime, many people opt for payday loans as a solution to their short-term cash needs. However, it is important to understand that payday loans are prohibited in New York, including Lake Clear.

What is a Payday Loan?

A Payday loan is a small, short-term loan that provides a borrower with immediate cash. Typically, payday loans are taken out by people who are in urgent need of cash to cover unexpected expenses or emergencies, such as medical bills or car repairs. These loans often come with high interest rates and fees and must be repaid on the borrower’s next payday.

What are the laws regarding payday loans in Lake Clear, New York?

In New York, payday loans are prohibited by law. The state has strict regulations that prohibit lenders from offering or advertising payday loans to residents. The maximum interest rate for loans under $25000 is 16% per annum. For loans greater than $25000, the maximum rate is 25%. Penalties apply to lenders who violate those laws, and individuals caught taking out payday loans in Lake Clear, New York, may face hefty fines.

What are the alternatives to payday loans?

If you are in need of cash and cannot apply for a payday loan in Lake Clear, New York, there are several alternatives available. These alternatives include:

  • Personal loans from banks or credit unions.
  • Credit card cash advances (although be aware that interest rates for cash advances are typically higher than for regular credit card purchases).
  • Overdraft protection from your bank.
  • Consumer credit counseling.
  • Assistance programs offered by government agencies or non-profit organizations.

Interesting Facts or Statistics about Payday Loans in Lake Clear, New York

Although payday loans are prohibited in New York, some people still try to obtain them or may be unaware of the law. Here are some interesting facts and statistics about payday loans in Lake Clear, New York:

  • According to a report from the New York State Department of Financial Services, between 2010 and 2015, nearly 12 million payday loans were made in New York, and the average annual interest rate on those loans was 341%.
  • Between 2010 and 2015, over $1.3 billion was extracted in fees from payday loans in New York.
  • Payday loans are often targeted towards low-income communities, and in some areas, nearly one in three residents has taken out a payday loan.

Apply Now

While TheGuaranteedLoans does not offer payday loans, we can connect you with lenders who may be able to provide the cash you need. Fill out our online application to see if you qualify for a personal loan or another type of loan. Remember, we are a connector service and not a direct lender, so we will facilitate your connection with potential lenders.

Don’t take unnecessary risks by trying to get payday loans in Lake Clear, New York. Explore your alternatives and choose the best option for your situation. Remember, TheGuaranteedLoans is here to help you through our network of lenders!

F.A.Q.

What are the penalties for offering or taking out a payday loan in Lake Clear, New York?

Offering or taking out a payday loan in Lake Clear, New York is considered a criminal offense and can result in fines and imprisonment.

Are there any exceptions to the payday loan prohibition in Lake Clear, New York?

No, there are no exceptions to the payday loan prohibition in Lake Clear, New York.