Payday Loans in Franklinville, 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 Franklinville, NC. Consider companies in other cities:

Company nameAddressZip codePhone number
SunTrust Bank 222 S Main St, Hendersonville, NC 28739 +1 (828) 393 - 6450
Carolina Farm Credit 526 N Greensboro St, Liberty, NC 27298 +1 (336) 622 - 6101
Wells Fargo Bank 665 S Van Buren Rd, Eden, NC 27288 +1 (336) 623 - 9176
BB&T 1109 Hwy St, Madison, NC 27025 +1 (336) 548 - 9631
SunTrust Bank 160 Weaver Blvd, Weaverville, NC 28787 +1 (828) 484 - 3078
Welcome Finance Co Inc 237 S Graham Hopedale Rd, Burlington, NC 27217 +1 (336) 229 - 5823
American National Bank and Trust Company 173 Main St, Yanceyville, NC 27379 +1 (336) 694 - 4148
State Employees' Credit Union 1001 Cranberry St, Newland, NC 28657 +1 (828) 733 - 1446
Lendmark Financial Services LLC 2535 US Hwy 70 SE #107, Hickory, NC 28602 +1 (828) 303 - 2254
White Motors Inc 173-177 Old Farm Rd, Roanoke Rapids, NC 27870 +1 (252) 537 - 6136

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Franklinville, NC, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Greenville, NC, Payday Loans in Hickory, NC, Payday Loans in High Point, NC, Short-term Loans in Holly Springs, NC, Payday Loans in Huntersville, NC, Payday Loan for Indian Trail, NC, Payday Loan for Jacksonville, NC and Payday Loans in Kannapolis, 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 Franklinville, NC.

Beautiful sights of Franklinville, NC

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

27248

Are Payday Loans Legal In Franklinville, 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

Franklinville, NC payday loan calculator

Franklinville, North Carolina is a small town located in the central part of the state. As of the 2010 census, the population was around 1,200 people. Although payday loans are prohibited in the state of North Carolina, it is still important to understand what they are and the consequences of using them.

What are payday loans?

Payday loans are a type of short-term, high-interest loan that usually must be repaid by the borrower’s next payday. These loans typically have very high interest rates (often over 300%) and can be very costly for borrowers who cannot pay them back on time.

In North Carolina, payday loans are prohibited by law. However, some lenders may try to get around these laws by offering similar products with different names or by operating online.

Why are payday loans prohibited in North Carolina?

Payday loans are seen as very predatory and harmful to borrowers, especially those who are low-income and cannot afford the high fees and interest rates associated with these loans. In 2001, North Carolina became the first state in the country to prohibit payday lending, citing concerns about the high costs and risks to borrowers.

Since then, other states have followed North Carolina’s lead and have also prohibited or heavily regulated payday lending.

What are the alternatives to payday loans in Franklinville, North Carolina?

If you live in Franklinville, North Carolina and need financial assistance, there are many alternatives to payday loans that you can consider.

  • Bank or credit union loans: Many banks and credit unions offer personal loans at much lower interest rates than payday loans. These loans can be used for a variety of purposes, such as home repairs or debt consolidation.
  • Credit counseling: Non-profit credit counseling organizations can provide free help with debt management and financial planning.
  • Government assistance programs: You may be eligible for government assistance programs such as food stamps or housing assistance.
  • Side jobs or freelance work: If you need extra cash, consider taking on a side job or doing freelance work to supplement your income.

Interesting Facts and Statistics About Payday Loans in Franklinville, North Carolina

  • In North Carolina, the average payday loan is $200 and the average interest rate is 400%.
  • North Carolina residents save an estimated $457 million every year because payday lending is prohibited in the state.
  • Since 2006, North Carolina has shut down more than 30 payday lending storefronts and fined lenders millions of dollars for violating the state’s lending laws.

Apply Now

If you need financial assistance in Franklinville, North Carolina, TheGuaranteedLoans is here to help. As a connector service, we can connect you with potential lenders who may be able to provide you with the help you need. Fill out our online application today to get started.

Remember, payday loans are prohibited in North Carolina, and using them can lead to more financial problems in the long run. Consider your alternatives and make informed decisions about your finances.

F.A.Q.

Are payday loans legal in Franklinville, North Carolina?

No, payday loans are not legal in Franklinville, North Carolina. In fact, the state has some of the strictest laws in the country when it comes to payday lending, and it is one of only a few states that completely prohibits the practice.

What are the consequences of taking out a payday loan in Franklinville, North Carolina?

Taking out a payday loan in Franklinville, North Carolina is illegal, and violators can face significant penalties, including fines, jail time, and the revocation of their business license.