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

Company nameAddressZip codePhone number
Bridgehampton National Bank (BNB) 32 Jackson Ave Suite B, Hampton Bays, NY 11946 +1 (631) 537 - 1000
TD Bank 6340 Northern Blvd, East Norwich, NY 11732 +1 (516) 922 - 2163
Hudson Financial Services Inc 1249 Pleasantville Rd, Briarcliff Manor, NY 10510 +1 (914) 762 - 4760
ConServe 200 Cross Keys Office Park, Fairport, NY 14450 +1 (800) 724 - 7500
Cash Flow Partners New York 201 Wadsworth Ave, New York, NY 10033 +1 (212) 781 - 8800
LPL Financial 150 Ridge St, Glens Falls, NY 12801 +1 (518) 743 - 1116
Elmira Savings Bank 930 W Church St, Elmira, NY 14905 +1 (607) 734 - 3374
Citizens Bank 603 River Rd, Chenango Bridge, NY 13745 +1 (607) 648 - 8531
Lowe Walter D CPA 3 Court St, Auburn, NY 13021 +1 (315) 258 - 9760
Bank of Richmondville 857 E Main St, Cobleskill, NY 12043 +1 (518) 234 - 4397

Payday Loan Companies in Nearby Cities

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

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

14751

Are Payday Loans Legal In Leon, 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

Leon, NY payday loan calculator

Understanding Payday Loans in Leon, New York

Payday loans have become a popular option for people in need of quick cash when faced with unexpected expenses or emergencies. However, it is important to understand that these loans are prohibited in New York, including in the town of Leon.

What are payday loans?

Payday loans are short-term loans designed to provide borrowers with quick access to cash. These loans are usually due within two weeks and are meant to be paid back with the borrower’s next paycheck. Payday loans typically have high interest rates, fees, and penalties, which can quickly add up and lead to a cycle of debt.

Why are payday loans prohibited in New York?

New York has one of the most stringent payday lending laws in the country. Payday loans have been illegal in the state since 2009, as New York State’s Department of Financial Services (NYDFS) determined that these loans are detrimental to consumers and trap them in a cycle of debt.

The NYDFS found that payday lenders charged high interest rates, fees, and penalties, and often targeted low-income borrowers who were unlikely to be able to repay the loan in full. The department also found numerous cases of payday lenders harassing and threatening borrowers who were unable to repay their loans on time.

What are the alternatives to payday loans?

If you find yourself in need of quick cash, there may be other options available to you. Some alternatives to payday loans include:

  • Credit cards
  • Personal loans
  • Small-dollar loans from credit unions
  • Bad credit loans from online lenders

It is important to compare the interest rates, fees, and eligibility requirements of these options before making a decision. You may also want to seek financial counseling to help you develop a budget and manage your finances more effectively.

Interesting facts and statistics about payday loans in New York

  • Payday loans are illegal in New York; interest rates on loans above $250,000 can not exceed 16% per year
  • According to a survey by the NYDFS, over 92% of payday loan borrowers had to borrow again within two weeks of paying off their previous loan
  • In 2018, New York’s attorney general sued three online lenders for offering illegal payday loans to New York residents

Apply now

Need quick access to cash? TheGuaranteedLoans can help connect you with potential lenders who may be able to offer you a loan. Fill out our online application now and get started.

Please note that TheGuaranteedLoans is a connector service and not a direct lender. We will facilitate your connection with potential lenders who may be able to offer you a loan. However, we do not guarantee loan approval or provide any financial advice.

Conclusion

If you are a resident of Leon, New York, it is important to understand that payday loans are prohibited in the state. Although payday loans may seem like an attractive and easy option, they often lead to a cycle of debt and financial instability. Consider exploring alternative options and seeking financial counseling to help you manage your finances more effectively.

F.A.Q.

Can I take out a payday loan online in Leon, New York?

No, even if the lender is located outside of New York, it is illegal to take out a payday loan online in this state.

Can I take out a payday loan from a lender in another state and use it in Leon, New York?

No, it is illegal to use a payday loan from another state in Leon, New York.