Payday Loans in Cordova, North Carolina

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 Cordova, NC. Consider companies in other cities:

Company nameAddressZip codePhone number
Walmart Money Center 1670 Mt Jefferson Rd, West Jefferson, NC 28694
Farm Credit Cape Fear 500 S Main St, Laurinburg, NC 28352 +1 (910) 875 - 6181
Select Bank & Trust 473 Carolina Way, Highlands, NC 28741 +1 (828) 526 - 3000
J & W Pawn 3769 S Main St, Farmville, NC 27828 +1 (252) 753 - 7133
First Bank - Lumberton, NC 2801 N Elm St, Lumberton, NC 28358 +1 (910) 671 - 6691
PNC Bank 106 N Spence Ave, Goldsboro, NC 27534 +1 (919) 705 - 1000
First Horizon Bank 12217 Capital Blvd, Wake Forest, NC 27587 +1 (919) 453 - 5041
Welcome Finance Co 1945 Jake Alexander Blvd W # 5, Salisbury, NC 28147 +1 (704) 636 - 0140
SunTrust Bank 88 Hillsboro St, Pittsboro, NC 27312 +1 (919) 726 - 5048
State Employees' Credit Union 5073 Executive Dr, Morehead City, NC 28557 +1 (252) 247 - 6188

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Cordova, NC, you can try to find different companies in big cities near by. Check out the following pages here: Quick Loan in Wake Forest, NC, Payday Loans in Wilmington, NC, Payday Loans in Wilson, NC, Payday Loans in Winston-Salem, NC, Payday Loans in Apex, NC, Payday Loan Without a Credit Check in Asheville, NC, Payday Loan for Burlington, NC and Online Loans in Cary, NC. 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 Cordova, NC.

Payday Loans Available in Cordova, NC By The Following ZIP Codes:

28330

Are Payday Loans Legal In Cordova, North Carolina?

Payday Lending is Prohibited in North Carolina

North Carolina Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

Cordova, NC payday loan calculator

Understanding Payday Loans in Cordova, North Carolina

When looking for a quick loan to cover unexpected expenses, many people may turn to payday loans. However, in the state of North Carolina, payday lending is prohibited, including in Cordova. In this article, we will explore the reasons why payday loans are not available in Cordova, and what alternative options residents can consider.

What are Payday Loans?

Payday loans are short-term loans that are typically due on the borrower’s next payday. These loans are often marketed as a quick solution to unexpected expenses or financial emergencies. However, they often come with high-interest rates and fees, making them an expensive option for borrowers.

In North Carolina, payday loans are prohibited under the North Carolina Consumer Finance Act, as well as the North Carolina Banking Commission’s rules and regulations. This means that lenders are not able to offer payday loans to residents in Cordova or anywhere else in the state.

Why Are Payday Loans Prohibited in North Carolina?

The North Carolina General Assembly enacted legislation in 2001, which made payday lending illegal in the state. This decision was based on concerns about high interest rates, fees, and the cycle of debt that payday loans can create for borrowers.

The North Carolina Attorney General’s office and the North Carolina Commissioner of Banks have also taken action against illegal payday lenders who have attempted to operate in the state. This includes filing lawsuits and issuing cease and desist orders against lenders who have violated North Carolina’s laws regarding payday lending.

Alternative Options for Borrowers in Cordova

For residents in Cordova who are in need of financial assistance, there are several alternative options that can be considered.

  • Personal Loans: Personal loans are available through banks, credit unions, and online lenders. These loans may offer lower interest rates and fees compared to payday loans, but they may have stricter credit requirements.
  • Credit Counseling: Credit counseling agencies can assist borrowers with developing a budget and creating a debt repayment plan. This can be a helpful option for those who are struggling with debt and need guidance on managing their finances.
  • Government Assistance: Residents of North Carolina may be eligible for government assistance programs, such as Medicaid or food stamps. These programs can help cover essential expenses and reduce financial stress.
  • Small Business Loans: If the borrower is a small business owner, they may be able to qualify for a small business loan. This type of loan can help fund business expenses and growth, and may offer more favorable terms than payday loans.

Interesting Facts and Statistics about Payday Loans in North Carolina

  • Payday lending was prohibited in North Carolina in 2001.
  • Before North Carolina’s payday lending ban, the average interest rate on a payday loan in the state was 391%.
  • In 2006, a North Carolina attorney general filed a lawsuit against a payday lending company, resulting in the company being fined $46 million for overcharging customers.
  • Other states that have also banned payday lending include Arizona, Arkansas, Georgia, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Vermont, and West Virginia.

Apply Now

If you are in need of a loan and reside in Cordova, North Carolina, TheGuaranteedLoans can help you find potential lenders who may be able to assist you. Our online application process is quick and easy, and we can connect you with lenders who may offer personal loans and other loan options.

Please note that TheGuaranteedLoans is a connector service, not a direct lender. We work with a network of lenders, and our goal is to help our customers find the best loan options for their specific financial situation.

Fill out our online application today to get started on your search for a loan.

F.A.Q.

Can I be charged with a crime for taking out a payday loan in Cordova, North Carolina?

It is illegal for lenders to offer payday loans in Cordova, North Carolina, 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 Cordova, North Carolina?

If you have already taken out a payday loan in Cordova, North Carolina, 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.