Payday Loans in Jacobs Creek, Pennsylvania

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 Jacobs Creek, PA. Consider companies in other cities:

Company nameAddressZip codePhone number
Raymond James 4251 Old William Penn Hwy, Murrysville, PA 15668 +1 (724) 325 - 4185
Thrivent Financial for Lutherans 16 N Evans St, Pottstown, PA 19464 +1 (484) 873 - 2801
Norwin Teachers Federal CU 183 Clay Pike, Irwin, PA 15642 +1 (724) 864 - 7469
HR Auto Sales 4050 Columbia Ave, Columbia, PA 17512 +1 (717) 468 - 2308
Thomas Christopher - Raymond James 161 Washington St, Conshohocken, PA 19428 +1 (610) 897 - 2710
Greg Malin - Raymond James 3344 Trindle Rd, Camp Hill, PA 17011 +1 (717) 763 - 2098
GardaWorld 70 33rd St, Pittsburgh, PA 15201 +1 (412) 434 - 7034
Wells Fargo Bank 541 Pierce St, Kingston, PA 18704 +1 (570) 283 - 5355
First National Bank 520 3rd Ave, Duncansville, PA 16635 +1 (814) 696 - 4381
Bank of America with Drive-thru ATM 10638 Perry Hwy, Wexford, PA 15090 +1 (412) 386 - 4210

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Jacobs Creek, PA, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Without a Credit Check in Pittsburgh, PA, Guaranteed Loans in Reading, PA, Bad Credit Loans in Scranton, PA, Payday Loan Companies in State College, PA, Payday Loans in Upper Darby, PA, Payday Loans in Warminster, PA, Payday Loans in Wilkes-Barre, PA and Payday Loans in York, PA. 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 Jacobs Creek, PA.

Beautiful sights of Jacobs Creek, PA

Are Payday Loans Legal In Jacobs Creek, Pennsylvania?

Payday Lending is Prohibited in Pennsylvania

Pennsylvania Loan Regulations

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

Jacobs Creek, PA payday loan calculator

While payday loans can be a tempting option for those in need of quick cash, it’s important to note that these loans are prohibited in Pennsylvania, including in Jacobs Creek. In this article, we’ll explore what a payday loan is, why they’re illegal in Pennsylvania, and what alternatives are available for those in need.

What is a payday loan?

A payday loan is a small, short-term loan typically due on the borrower’s next payday. These loans are often marketed as a quick and convenient way to access cash between paychecks. The borrower writes a post-dated check to the lender for the full amount of the loan plus fees and interest, which is then cashed on the borrower’s next payday.

Interest rates for payday loans can be extremely high, often with APRs (annual percentage rates) reaching triple digits. Borrowers often find themselves unable to repay the loan on time, resulting in additional fees and interest charges.

Why are payday loans illegal in Pennsylvania?

In Pennsylvania, payday loans are illegal under the Check Cashing Licensing Act of 1998, which prohibits short-term loans with an APR exceeding 24%. While some lenders have tried to exploit loopholes in the law by offering payday loans through online platforms, these practices are also prohibited by Pennsylvania law.

The state’s decision to ban payday loans was based on concerns about the predatory nature of these loans, which often target vulnerable individuals who may not fully understand the terms and conditions of the loan.

What alternatives are available?

While payday loans may seem like a quick fix for those in need of cash, there are many alternatives available that can help individuals avoid the high fees and interest rates associated with payday loans.

  • Personal loans: Personal loans from a bank or credit union can offer a lower interest rate and more favorable terms than payday loans. These loans are typically available to those with good credit, but even those with less-than-perfect credit may be able to find a loan with more reasonable terms than a payday loan.
  • Credit cards: While credit card interest rates can also be high, they may offer a more favorable option than payday loans. It’s important to note, however, that carrying a balance on a credit card can quickly lead to debt that is difficult to manage.
  • Installment loans: Similar to personal loans, installment loans allow borrowers to repay the loan over time in fixed payments. These loans may have higher interest rates, but can be a more manageable option than a payday loan.

It’s important for individuals in need of financial assistance to explore all available options and carefully consider the terms and conditions of any loan before signing on.

The Guaranted Loans: Your Loan Connection Service

While payday loans are illegal in Jacobs Creek and throughout Pennsylvania, TheGuaranteedLoans can help connect you with potential lenders who can offer alternative lending options. As a loan connection service, TheGuaranteedLoans is not a direct lender, but we can help facilitate the borrowing process by matching you with lenders who fit your needs.

If you’re in need of financial assistance, we encourage you to fill out our online application today. Our application process is quick and easy, and we’ll work to connect you with lenders who can offer the loan options you need. Remember to always carefully consider the terms and conditions of any loan before agreeing to borrow.

Interesting Facts and Statistics About Payday Loans in Jacobs Creek, Pennsylvania

  • The average payday loan in Pennsylvania carries an APR of 332%, with some loans carrying APRs as high as 700%.
  • In 2016, the Pennsylvania Supreme Court ruled that lenders who offer payday loans through online platforms are still subject to state lending laws.
  • A 2015 study by the Pew Charitable Trusts found that 12 million Americans use payday loans each year, with the average borrower taking out eight loans annually.

F.A.Q.

Can I be sued for defaulting on a payday loan in Jacobs Creek, Pennsylvania?

No, you cannot be sued for defaulting on a payday loan in Jacobs Creek, Pennsylvania because these loans are illegal in the state.

Can a payday loan be included in a bankruptcy filing in Jacobs Creek, Pennsylvania?

No, a payday loan cannot be included in a bankruptcy filing in Jacobs Creek, Pennsylvania because these loans are illegal in the state.