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

Company nameAddressZip codePhone number
Ridgewood Savings Bank 8522 3rd Ave, Brooklyn, NY 11209 +1 (718) 680 - 9500
Chase Bank 251 Higbie Ln, West Islip, NY 11795 +1 (631) 422 - 7982
Sheehan & Co 15 S Bayles Ave, Port Washington, NY 11050 +1 (516) 883 - 5510
Bank of America with Drive-thru ATM 1414 NY-300, Newburgh, NY 12550 +1 (800) 432 - 1000
M&T Bank - Mortgage Division 68 Exchange St, Binghamton, NY 13901 +1 (607) 779 - 5937
Bethpage Federal Credit Union 170 Fulton Avenue In the Hub Shopping Center across from Home Depot and next to Chuck E. Cheese, Hempstead, NY 11550 +1 (800) 628 - 7070
Richmond Hill II Check Cashing 2510 Hylan Blvd, Staten Island, NY 10306 +1 (718) 667 - 0551
Community Bank, N.A. 92 Main St, Whitehall, NY 12887 +1 (518) 499 - 0220
First Choice Financial Credit Union Broadalbin Branch 3677 NY-30, Gloversville, NY 12078 +1 (518) 883 - 7156
Sterling National Bank 1149 Wantagh Ave, Wantagh, NY 11793 +1 (516) 221 - 1010

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Purdys, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Schenectady, NY, Payday Loan Without a Credit Check in Smithtown, NY, Payday Loans in Southampton, NY, Payday Loan for Spring Valley, NY, Payday Loans in Staten Island, NY, Payday Loan Companies in Syracuse, NY, Guaranteed Loans in Troy, NY and Quick Loan in Uniondale, 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 Purdys, NY.

Beautiful sights of Purdys, NY

Are Payday Loans Legal In Purdys, 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

Purdys, NY payday loan calculator

Payday Loans in Purdys, New York: Understanding the Law

While payday loans have become a popular way to cover unexpected expenses or bridge financial gaps, the regulations surrounding these loans can be complex and vary from state to state. If you live in Purdys, New York, it’s important to understand the laws regarding payday loans and how they affect you.

Payday Loans Prohibited in New York

In New York, payday loans are considered illegal due to the state’s usury laws. These laws prohibit any loan with an interest rate over 25%, making it impossible for payday lenders to operate within the state.

Even though payday loans are illegal in New York, some lenders may still attempt to offer these loans to residents. It’s important to be cautious and aware of these illegal activities and to never agree to a payday loan that violates state laws.

Alternatives to Payday Loans in Purdys, New York

While payday loans may not be an option for residents of Purdys, New York, there are alternative ways to get access to the funds you need in times of financial hardship.

Personal Loans

Personal loans are one option for those who need to borrow money. These loans are often offered by banks, credit unions, or online lenders and can provide a lump sum of money that can be repaid over an extended period.

When considering a personal loan, it’s important to shop around and compare interest rates and fees to ensure you’re getting the best deal possible. Additionally, personal loans often require a credit check and may be more difficult to obtain for those with less-than-perfect credit.

Credit Cards

For smaller expenses, using a credit card may be an option. With a credit card, you can use the available credit to pay for your expenses and then repay the balance over time.

It’s important to be mindful of interest rates and fees associated with credit cards and to avoid using them for large or long-term expenses, as the interest charges can add up quickly.

Assistance Programs

If you’re struggling to cover essential expenses, assistance programs may be available to help you. These programs can provide food, shelter, and other necessities to those in need.

Research what assistance programs are available in your area, such as SNAP (Supplemental Nutrition Assistance Program) or LIHEAP (Low-Income Home Energy Assistance Program), and see if you qualify.

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

  • Payday loans are illegal in New York due to the state’s usury laws, which prohibit loans with interest rates over 25%.
  • From 2006 to 2013, New York State’s General Attorney’s office pursued 35 payday lenders that had been offering loans with interest rates as high as 500%.
  • In 2019, the Center for Responsible Lending estimated that payday lenders were taking around $11 billion per year from low-income borrowers in the United States.

Apply Now for Alternative Loan Options

While payday loans may not be an option in Purdys, New York, TheGuaranteedLoans can help you find alternative loan solutions. As a connector service, we work to match you with potential lenders who may be able to provide the funds you need.

Our online application process is fast and easy, and you can get a decision in minutes. Plus, with our network of trusted lenders, you can rest assured that you’ll be working with a reputable and trustworthy lender.

Don’t let financial hardship and unexpected expenses get in the way of your goals. Apply now for the alternative loan options you need to keep moving forward.

F.A.Q.

Can a payday loan company file a lawsuit against me in Purdys, New York?

No, a payday loan company cannot file a lawsuit against you in Purdys, New York because these loans are illegal in the state.

Are there any federal laws that apply to payday loans in Purdys, New York?

Yes, there are federal laws that apply to payday loans in Purdys, New York, including the Military Lending Act and the Truth in Lending Act. These laws provide protections for consumers and regulate the practices of payday lenders.