Payday Loans in West Camp, 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 West Camp, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
Capital One Bank 4374 Sunrise Hwy, Massapequa, NY 11758 +1 (516) 798 - 2420
People's United Bank 693 Montauk Hwy, Bayport, NY 11705 +1 (631) 472 - 1584
Pegasus Legal Capital 14 Wall St 6th floor, New York, NY 10005 +1 (888) 875 - 1255
Cash Advance of Manhattan 40 Wall St 43rd floor, New York, NY 10005 +1 (347) 868 - 2088
LPL Financial 85 Main St, Sayville, NY 11782 +1 (631) 244 - 9500
Greater Niagara Federal Credit Union 160 Ward Rd, North Tonawanda, NY 14120 +1 (716) 695 - 1829
Citibank 95 Pondfield Rd, Bronxville, NY 10708 +1 (914) 202 - 0108
MoneyGram 596 Columbia Turnpike 4, East Greenbush, NY 12061 +1 (518) 477 - 8526
Flushing Bank 186 Montague St, Brooklyn, NY 11201 +1 (718) 855 - 3555
Sterling National Bank 255 Lafayette Ave, Suffern, NY 10901 +1 (855) 274 - 2800

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in West Camp, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Penfield, NY, 24-Hour Loan in Poughkeepsie, NY, Payday Loans in Riverhead, NY, Payday Loans in Rochester, NY, Payday Loans in Rome, NY, Online Loans in Rye, NY, Guaranteed Loans in Schenectady, NY and Payday Loans in Smithtown, 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 West Camp, NY.

Are Payday Loans Legal In West Camp, 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

West Camp, NY payday loan calculator

Payday loans have become a controversial topic of late, and for good reason. These short-term, high-interest loans can trap people in cycles of debt and leave them in a worse financial situation than before they took out the loan. In West Camp, New York, payday loans are prohibited by state law, which means residents are protected from the dangers of these predatory loans.

What are Payday Loans?

A payday loan is a short-term loan that is typically due on the borrower’s next payday. These loans are often marketed as a quick and easy solution for people who need cash quickly, but they come with high fees and interest rates.

Payday loans are popular because they are easy to obtain, even if you have poor credit or no credit history. All you need is a job, a bank account, and a valid ID.

Why are Payday Loans Prohibited in New York?

New York state law prohibits payday loans because they are considered predatory and can trap consumers in a cycle of debt. Payday lenders often charge extremely high fees and interest rates, which can make it difficult for borrowers to repay the loan on time. This can lead to further fees and interest charges, creating a cycle of debt that can be hard to break.

Additionally, payday lenders often target low-income communities and people who are in financial need, taking advantage of their desperation. New York state law protects these vulnerable populations from falling victim to the predatory practices of payday lenders.

Alternatives to Payday Loans in West Camp, New York

If you are in need of money in West Camp, New York, there are alternatives to payday loans that can help you get the cash you need without falling into a cycle of debt. Some options include:

  • Personal loans: Personal loans are loans that are typically offered by banks and credit unions. They come with lower interest rates and longer repayment terms than payday loans.
  • Credit cards: If you have a credit card, you can use it to make the purchase you need. While credit cards come with interest rates, they are often lower than payday loan rates.
  • Borrow from friends or family: Consider reaching out to friends or family members for a loan. While this can be a difficult conversation to have, it can help you avoid the high fees and interest rates associated with payday loans.

Interesting Facts and Statistics about Payday Loans in West Camp, New York

  • In 2017, the New York State Department of Financial Services sent cease-and-desist letters to 35 online payday lenders operating illegally in the state.
  • According to a report by the Center for Responsible Lending, the average payday loan in New York has an interest rate of 652 percent.
  • New York state law caps interest rates on loans at 25 percent, making it impossible for payday lenders to operate legally in the state.
  • Between 2010 and 2014, New York state saved $790 million in fees and interest charges by prohibiting payday loans.

Apply Now

While payday loans are prohibited in West Camp, New York, TheGuaranteedLoans can still help you find a lender who can provide you with the cash you need. As a connector service, we work with a network of lenders who provide personal loans, title loans, and other types of loans. Fill out our online application today to get started.

Remember, taking out a loan is a serious decision. Make sure you understand all the terms and fees associated with the loan before you sign on the dotted line. And if you have any questions, don’t hesitate to reach out to us. We’re here to help.

F.A.Q.

How do I know if a lender is offering illegal payday loans in West Camp, New York?

Lenders offering illegal payday loans in West Camp, New York may not be licensed by the state and may have high interest rates and fees that are not allowed under state law.

What can I do if I have taken out an illegal payday loan in West Camp, New York?

If you have taken out an illegal payday loan in West Camp, New York, you can contact the New York State Department of Financial Services to report the lender and seek assistance in resolving the issue.