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

Company nameAddressZip codePhone number
First National Bank 230 E Mountain St, Kernersville, NC 27284 +1 (336) 993 - 2100
Woodforest National Bank 197 Plaza Dr, Forest City, NC 28043 +1 (828) 287 - 2338
Members Credit Union 2142 12th Ave NE, Hickory, NC 28601 +1 (828) 327 - 3232
AFC Automotive Finance Corp. 3714 Alliance Dr 402, Greensboro, NC 27407 +1 (336) 852 - 7067
Leith Chrysler Dodge Jeep RAM Aberdeen 11049 US HWY 15 501, Aberdeen, NC 28315 +1 (910) 944 - 7115
Lumbee Guaranty Bank 215 E 4th Ave, Red Springs, NC 28377 +1 (910) 843 - 5171
State Employees' Credit Union 60 Raiford Dr NW, Concord, NC 28027 +1 (704) 788 - 3444
Woodforest National Bank 200 N Cooper Dr, Henderson, NC 27536 +1 (252) 430 - 8324
Parsec Financial - Southern Pines 140-B SW Broad St, Southern Pines, NC 28387 +1 (910) 684 - 8054
Financial Center 1220 Rockingham Rd E, Rockingham, NC 28379 +1 (910) 817 - 9687

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Turnersburg, NC, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Fayetteville, NC, Payday Loans in Gastonia, NC, Payday Loans in Goldsboro, NC, Payday Loans in Greensboro, NC, Payday Loan for Greenville, NC, Payday Loans in Hickory, NC, Payday Loan Companies in High Point, NC and Payday Loans in Holly Springs, 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 Turnersburg, NC.

Are Payday Loans Legal In Turnersburg, 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

Turnersburg, NC payday loan calculator

Payday Loans in Turnersburg, North Carolina

If you’re in need of money quickly, you may have considered a payday loan. However, in North Carolina, payday loans are prohibited by law. This means that if you’re in Turnersburg or anywhere else in the state, you won’t be able to borrow money through a payday loan.

While this may be disappointing, it’s important to understand the reasons behind North Carolina’s ban on payday lending. With interest rates that often exceed 300%, payday loans can trap borrowers in a cycle of debt that’s difficult to escape.

What are payday loans?

Payday loans are small-dollar loans that are typically due on the borrower’s next payday. They’re marketed as a quick and easy solution for people who need cash for unexpected expenses, such as a car repair or medical bill.

However, payday loans come with high fees and interest rates, and many borrowers end up taking out multiple loans to make ends meet. This can lead to a cycle of debt that’s difficult to escape, with borrowers paying more in fees and interest than they originally borrowed.

Why are payday loans prohibited in North Carolina?

In 2001, North Carolina became the first state to enact a comprehensive ban on payday lending. The law was designed to protect consumers from the predatory practices of payday lenders, who were charging triple-digit interest rates and trapping borrowers in cycles of debt.

The North Carolina Commissioner of Banks found that payday loans were “the most dangerous consumer financial product,” and that borrowers often ended up paying more in fees and interest than the amount they originally borrowed.

Since the ban went into effect, payday lenders have been unable to operate in North Carolina. This has helped protect consumers from the cycle of debt that often accompanies payday loans, and has saved North Carolinians millions of dollars in fees and interest.

What are some alternatives to payday loans?

If you’re in need of cash quickly, there are alternatives to payday loans that won’t trap you in a cycle of debt. Here are some options to consider:

  • Personal loans: Personal loans allow you to borrow money for a variety of purposes, including unexpected expenses. While interest rates may be higher than secured loans, they’re typically much lower than payday loans.
  • Credit cards: While you should be careful not to fall into credit card debt, using a credit card for emergencies can be a good option if you’re able to pay off the balance in full each month. Look for a card with a low interest rate and no annual fee.
  • Local resources: Many communities have programs that provide emergency financial assistance to those in need. Contact your local government or social services agency to see what resources are available in your area.

Interesting facts and statistics about payday loans in Turnersburg, North Carolina

  • There are no payday lenders operating in North Carolina.
  • Before payday lending was banned in North Carolina, the average interest rate on a payday loan was 400%.
  • In 2005, the North Carolina Attorney General’s Office shut down 14 payday lending operations that were violating state law.
  • Since the ban went into effect, North Carolina borrowers have saved an estimated $457 million in fees and interest.

Apply Now

If you’re in need of cash quickly, TheGuaranteedLoans can help connect you with lenders who offer personal loans. Our online application is easy to use, and we’ll work hard to find you a lender that meets your needs.

Remember, TheGuaranteedLoans is a connector service, not a direct lender. We’ll facilitate your connection with potential lenders, but we won’t provide the funds ourselves. If you’re approved for a loan, the lender will transfer the funds directly to your bank account.

Don’t let a financial emergency leave you feeling trapped. Apply now and get the cash you need to get back on track.

F.A.Q.

Why are payday loans illegal in Turnersburg, North Carolina?

Payday loans are illegal in Turnersburg, North Carolina because they often have high interest rates and fees that can trap borrowers in a cycle of debt. The state's regulations are designed to protect consumers from predatory lending practices.

What are some alternative options for getting quick access to cash in Turnersburg, North Carolina?

in Turnersburg, North Carolina, consumers can seek out alternative forms of financing, such as small personal loans, credit union loans, or even borrowing from friends or family.