Payday Loans in Modena, 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 Modena, PA. Consider companies in other cities:

Company nameAddressZip codePhone number
Regency Finance Company 2409 Columbia Blvd, Bloomsburg, PA 17815 +1 (570) 387 - 8488
E-Town Transfer Co 222 S Market St 201, Elizabethtown, PA 17022 +1 (717) 367 - 1370
The Closet Multiservice LLc 130 N Wyoming St, Hazleton, PA 18201 +1 (570) 497 - 5664
S&T Bank 111 Resort Plaza Dr, Blairsville, PA 15717 +1 (724) 459 - 5903
Wells Fargo Drive-Up Bank 125 W Lancaster Ave, Ardmore, PA 19003 +1 (610) 658 - 0607
BB&T 3421 Carlisle Rd, Dover, PA 17315 +1 (717) 292 - 9605
New Cumberland Federal Credit Union 2630 Linglestown Rd, Harrisburg, PA 17110 +1 (717) 551 - 1566
KeyBank 731 Chestnut St, Emmaus, PA 18049 +1 (610) 966 - 3264
The Columbia Bank Hagerstown Trust Division 106 S Antrim Way, Greencastle, PA 17225 +1 (717) 597 - 2136
First National Bank 98 Nason Dr, Roaring Spring, PA 16673 +1 (814) 224 - 5514

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Modena, PA, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Pittsburgh, PA, Payday Loans in Reading, PA, Short-term Loans in Scranton, PA, Payday Loan Without a Credit Check in State College, PA, Payday Loans in Upper Darby, PA, Emergency Loan in Warminster, PA, Same Day Loans in Wilkes-Barre, PA and 24-Hour Loan 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 Modena, PA.

Payday Loans Available in Modena, PA By The Following ZIP Codes:

19358

Are Payday Loans Legal In Modena, 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

Modena, PA payday loan calculator

Modena, Pennsylvania, is a charming town located just 37 miles southwest of Philadelphia. While it may be a quaint and cozy place to call home, many residents find themselves struggling financially. For those in need of emergency cash, payday loans may seem like a quick and easy solution. However, it’s important to know that payday loans are actually illegal in Pennsylvania.

What are Payday Loans?

Payday loans are a type of short-term, high-cost loan that is typically due on the borrower’s next payday. These loans are marketed as a way to help people bridge the gap between paychecks or cover unexpected expenses. In Modena, Pennsylvania, it is illegal for lenders to offer payday loans to residents.

Why are Payday Loans Prohibited in Pennsylvania?

Payday lending is not allowed in Pennsylvania due to the state’s strict laws against predatory lending practices. The Pennsylvania Department of Banking and Securities has taken a hard stance against payday lending, issuing cease and desist orders to lenders who attempt to operate in the state. This has helped to protect Pennsylvania consumers from the cycle of debt that can result from taking out high-interest payday loans.

What Are the Alternatives?

If you live in Modena, Pennsylvania, and are in need of emergency cash, there are alternatives to payday loans. Here are a few options to consider:

  • Credit Cards: If you have a credit card, you may be able to use it to cover your expenses. While credit card interest rates can be high, they are often still lower than payday loan rates.
  • Personal Loans: Many banks and credit unions offer personal loans with more reasonable interest rates than payday loans. However, keep in mind that you will need to have good credit in order to qualify for these types of loans.
  • Community Assistance Programs: There may be community programs available to help you cover your expenses, such as local charities or churches. These programs may offer short-term financial assistance, food, or other services to those in need.
  • Talk to Your Employer: Some employers may offer advances on your paycheck or other financial assistance programs to help you cover unexpected expenses.

Interesting Facts and Statistics

While payday loans are illegal in Pennsylvania, that hasn’t stopped some residents from attempting to take out these loans. Between 2010 and 2018, the Pennsylvania Department of Banking and Securities issued 13 enforcement actions against payday lenders who were operating illegally in the state. These actions resulted in the recovery of nearly $7 million in restitution for Pennsylvania consumers who had been impacted by predatory lending practices.

Additionally, research has shown that payday loans can have a devastating impact on borrowers. According to a study by the Pew Charitable Trusts, the average payday loan borrower takes out eight loans per year and spends nearly $500 in fees alone. This can lead to a cycle of debt that can be difficult to escape.

Apply Now

If you are in need of emergency cash in Modena, Pennsylvania, it’s important to work with a reputable lender. TheGuaranteedLoans is a connector service that can help you connect with potential lenders who offer personal loans. While we are not a direct lender, we can facilitate the process of finding a loan that works for your needs. Fill out our online application today to get started.

Remember, payday loans may be illegal in Pennsylvania, but that doesn’t mean you don’t have options. By exploring alternative sources of funding, you can get the cash you need without falling into a cycle of debt.

F.A.Q.

Can I be sued or have my wages garnished if I default on a payday loan in Modena, Pennsylvania?

No, because payday loans are illegal in Modena, Pennsylvania, lenders cannot sue borrowers or garnish their wages for non-payment.

Are there any protections for borrowers who take out illegal payday loans in Modena, Pennsylvania?

Yes, the state of Pennsylvania has established several protections for borrowers who may be misled or exploited by illegal payday lenders. These include the right to cancel a loan within five days, the right to dispute any charges or fees, and the right to seek legal assistance.