Payday Loans in New Ringgold, 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 New Ringgold, PA. Consider companies in other cities:

Company nameAddressZip codePhone number
Credit Counseling Center 832 2nd St Pike 1, Richboro, PA 18954 +1 (215) 348 - 8003
LibertyX Bitcoin ATM 472 Main St, Bethlehem, PA 18018 +1 (800) 511 - 8940
Vince Kremer - Thrivent 3800 W 12th St Ste 105, Erie, PA 16505 +1 (412) 492 - 1788
First National Bank 1402 Logan Ave, Tyrone, PA 16686 +1 (814) 684 - 9116
United Check Cashing 380 Jacksonville Rd, Warminster, PA 18974 +1 (215) 444 - 9531
BB&T 40 Center Square, Greencastle, PA 17225 +1 (717) 593 - 6700
Adams & Associates 8484 Allentown Pike, Blandon, PA 19510 +1 (610) 916 - 6393
Eagleone Debt Solution 462 Germantown Pike 9, Lafayette Hill, PA 19444 +1 (484) 368 - 3432
First City Abstract Agency, Inc. 1010 Race St Suite 4, Philadelphia, PA 19107 +1 (215) 567 - 0062
First Commonwealth Bank 100 N Main St, Butler, PA 16001 +1 (724) 287 - 1704

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in New Ringgold, 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, Payday Loans in Scranton, PA, Payday Loans in State College, PA, Online Loans in Upper Darby, PA, Emergency Loan in Warminster, PA, Payday Loan Without a Credit Check in Wilkes-Barre, PA and Payday Loan for 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 New Ringgold, PA.

Beautiful sights of New Ringgold, PA

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

17960

Are Payday Loans Legal In New Ringgold, 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

New Ringgold, PA payday loan calculator

Understanding Payday Loans in New Ringgold, Pennsylvania

If you live in New Ringgold, Pennsylvania, and have ever been in need of a quick financial boost, then you may have considered taking out a payday loan. However, it’s important to note that payday loans are prohibited in Pennsylvania, including New Ringgold.

Payday loans are small loans that are usually due on the borrower’s next payday. They typically come with high interest rates and fees, and can lead to a cycle of debt if not paid off on time. Pennsylvania has taken steps to protect consumers by prohibiting payday lending in the state.

Why are Payday Loans Prohibited in Pennsylvania?

The state of Pennsylvania has enacted several laws and regulations to protect consumers from the predatory lending practices associated with payday loans. These laws include the following:

  • Short-Term Loan Act: This law prohibits lenders from offering short-term loans, including payday loans, with an interest rate of over 6% above the federal funds rate.
  • Check Cashing Licensing Act: This law requires all lenders who cash checks and/or loan money to have a license from the state.
  • Consumer Discount Company Act: This law regulates consumer discount companies, which are lenders that charge high interest rates on small loans. The law limits the amount of interest that these companies can charge, and requires them to be licensed by the state.
  • Alternatives to Payday Loans

    While payday loans may be tempting for those in need of quick cash, there are several alternatives that are legal and may be more beneficial in the long run. These options include the following:

  • Personal Loans: Many banks and credit unions offer personal loans to individuals with good credit. These loans often come with lower interest rates than payday loans.
  • Credit Card Cash Advances: While not ideal due to their high interest rates, credit card cash advances can still be a better option than payday loans.
  • Employer Loans: Some employers offer short-term loans to their employees as a benefit.
  • Government Assistance: In some cases, individuals may be eligible for government assistance programs such as SNAP (Supplemental Nutrition Assistance Program) or LIHEAP (Low-Income Home Energy Assistance Program).
  • Facts and Statistics about Payday Loans in Pennsylvania

  • Payday loans are prohibited in Pennsylvania under section 505 of the Pennsylvania Consolidated Statutes.
  • The average payday loan borrower in Pennsylvania takes out eight loans per year, with an average loan amount of $318 and an average APR of 300%.
  • The payday lending industry in Pennsylvania generates an estimated $690 million in fees every year.
  • Between 2010 and 2016, there were over 17,000 complaints filed against payday lenders in Pennsylvania.
  • Apply Now

    While payday loans are prohibited in Pennsylvania, TheGuaranteedLoans offers a variety of alternative lending options that may be available to those in need of quick cash. We are a connector service, not a direct lender, and we work with a network of reputable lenders to help you find a loan that fits your needs. To get started, simply fill out our online application form and we’ll match you with potential lenders based on your qualifications. Remember to only borrow what you can afford to repay, and always read the terms and conditions of any loan before accepting it.

    Conclusion

    Payday loans may seem like a quick fix when you’re short on cash, but they can often lead to a cycle of debt and financial instability. Fortunately, Pennsylvania has enacted laws and regulations to protect its citizens from these predatory lending practices. If you’re in need of a loan, consider the alternatives outlined in this article and work with a reputable lender that has your best interests in mind.

    F.A.Q.

    Why are payday loans illegal in New Ringgold, Pennsylvania?

    Payday loans are illegal in New Ringgold, Pennsylvania 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 New Ringgold, Pennsylvania?

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