Payday Loans in Lemon Springs, 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 Lemon Springs, NC. Consider companies in other cities:

Company nameAddressZip codePhone number
First Community Bank 101 Brookfall Dairy Rd, Elkin, NC 28621 +1 (336) 835 - 2265
State Employees' Credit Union 1795 Graham Ave, Henderson, NC 27536 +1 (252) 492 - 0168
Coastal Credit Union 236 Dabney Dr, Henderson, NC 27536 +1 (800) 868 - 4262
BB&T 8 Raleigh St, Hamlet, NC 28345 +1 (910) 582 - 0184
Pawn South Tabor City 802 E 5th St, Tabor City, NC 28463 +1 (910) 653 - 2484
Bank of America with Drive-thru services 170 E Mills St, Columbus, NC 28722 +1 (828) 894 - 8226
Bank OZK 105 N Main St, Landis, NC 28088 +1 (704) 857 - 7277
First Horizon Bank 1128 S Main St, Graham, NC 27253 +1 (336) 226 - 1223
State Employees' Credit Union 152 Whispering Pines Rd, Washington, NC 27889 +1 (252) 946 - 0291
First Horizon Bank 200 N Main St, China Grove, NC 28023 +1 (704) 857 - 1176

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Lemon Springs, NC, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Huntersville, NC, Bad Credit Loans in Indian Trail, NC, Payday Loans in Jacksonville, NC, Payday Loans in Kannapolis, NC, Emergency Loan in Matthews, NC, Payday Loans in Monroe, NC, Payday Loans in Mooresville, NC and Short-term Loans in Raleigh, 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 Lemon Springs, NC.

Are Payday Loans Legal In Lemon Springs, 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

Lemon Springs, NC payday loan calculator

Payday Loans in Lemon Springs, North Carolina

Payday loans, also known as cash advances, are short-term loans that are typically due on the borrower’s next payday. These loans are designed to provide quick cash to individuals in need of immediate financial assistance. However, payday loans have come under scrutiny due to their high interest rates and fees. In North Carolina, payday loans are prohibited by law, which means residents of Lemon Springs cannot legally obtain a payday loan within state lines.

What are Payday Loans?

Payday loans are short-term loans that are typically due in full on the borrower’s next payday. These loans are designed to help individuals in need of immediate financial assistance, such as for unexpected bills or expenses. However, payday loans come with high interest rates and fees, making them a costly form of borrowing.

Payday loans are often marketed as a quick and easy solution to financial problems, but they can lead to a cycle of debt. Borrowers who cannot repay the loan in full on their next payday may roll over the loan, incurring additional fees and interest charges.

Why are Payday Loans Prohibited in North Carolina?

Payday loans have been prohibited in North Carolina since 2001. The state recognizes the high interest rates and fees associated with these loans as predatory lending practices. By prohibiting payday loans, the state is protecting its residents from falling into a cycle of debt and financial hardship.

Despite the prohibition, some payday lenders may try to circumvent the law by operating online or out of state. However, residents of Lemon Springs should be cautious when considering any type of payday loan, as these loans are illegal in North Carolina and may lead to further financial issues.

Alternatives to Payday Loans in Lemon Springs

Residents of Lemon Springs who are in need of immediate financial assistance have options other than payday loans. Some alternatives to consider include:

  • Personal loans from banks or credit unions
  • Credit card cash advances
  • Short-term loans from online or brick-and-mortar lenders (which are legal in some states, although interest rates may be high)
  • Borrowing money from friends or family
  • Selling unwanted items or taking on additional work to increase income

It’s important to consider the terms and interest rates of any loan or borrowing option before committing. It’s also important to have a plan to repay the loan in full and avoid falling into debt.

Interesting Facts and Statistics about Payday Loans in Lemon Springs, North Carolina

  • Payday loans have been prohibited in North Carolina since 2001
  • In 2019, North Carolina Attorney General Josh Stein successfully obtained a $9 million settlement from a payday lender that was illegally operating in the state
  • The average interest rate on a payday loan is 391%, according to the Consumer Financial Protection Bureau
  • Payday loans are banned or heavily regulated in 18 states and Washington D.C.

Apply Now with TheGuaranteedLoans

If you are in need of immediate financial assistance, consider using TheGuaranteedLoans to connect with potential lenders. Our website is a connector service, not a direct lender, which means we can help you find the right lender for your needs without the hassle of searching yourself.

Applying for a loan through TheGuaranteedLoans is easy and secure. Simply fill out our online application form and we’ll match you with potential lenders who may be able to offer you a loan. Remember, it’s important to consider the terms and interest rates of any loan before committing.

Don’t let financial hardships bring you down. Apply now with TheGuaranteedLoans for the financial assistance you need.

F.A.Q.

Can I still be charged fees on a payday loan in Lemon Springs, North Carolina?

No, you cannot be charged fees on a payday loan in Lemon Springs, North Carolina because these loans are illegal in the state.

Can I be evicted from my home for taking out a payday loan in Lemon Springs, North Carolina?

No, you cannot be evicted from your home for taking out a payday loan in Lemon Springs, North Carolina because these loans are illegal in the state.