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

Company nameAddressZip codePhone number
Wells Fargo Bank 20 S Main St, Stewartstown, PA 17363 +1 (717) 993 - 2540
South Jersey Industries Inc 90 Beaver Dr, DuBois, PA 15801 +1 (609) 561 - 9000
Financial 1st Federal Credit Union 2875 Reach Rd, Williamsport, PA 17701 +1 (570) 322 - 2061
Penn Community Bank 519 Richlandtown Pike, Richlandtown, PA 18955 +1 (215) 538 - 3626
Pennian Bank 2 N Main St, Mifflintown, PA 17059 +1 (717) 436 - 2144
Hard Money Bankers Pennsylvania 540 Pennsylvania Ave, Fort Washington, PA 19034 +1 (215) 839 - 3271
S&T Bank 100 S Chestnut St, Derry, PA 15627 +1 (724) 694 - 9706
g one check cashing llc 7248 Castor Ave 1109, Philadelphia, PA 19149 +1 (215) 745 - 5899
Wells Fargo Bank 12 E Tioga St, Tunkhannock, PA 18657 +1 (570) 836 - 2155
Greenbriar Capital 115 Pheasant Run Suite 211, Newtown, PA 18940 +1 (267) 759 - 6682

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Trafford, PA, you can try to find different companies in big cities near by. Check out the following pages here: Online Loans in Abington, PA, No Credit Check Loans in Allentown, PA, Payday Loans in Altoona, PA, Payday Loans in Bensalem, PA, Short-term Loans in Bethel Park, PA, Payday Loan for Bethlehem, PA, Short-term Loans in Bristol, PA and Same Day Loans in Cheltenham, 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 Trafford, PA.

Beautiful sights of Trafford, PA

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

15085

Are Payday Loans Legal In Trafford, 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

Trafford, PA payday loan calculator

Payday Loans in Trafford, Pennsylvania

Payday loans are a type of short-term, high-interest loan that can be accessed quickly and easily. A payday loan is typically due in full on the borrower’s next payday, which is usually within two to four weeks of the loan being issued. While payday loans can be a quick solution to financial emergencies, they can also be extremely expensive and are illegal in Pennsylvania. Let’s take a closer look at payday loans in Trafford, Pennsylvania.

Why are Payday Loans Illegal in Pennsylvania?

In 2018, Pennsylvania state law effectively outlawed payday loans. The law caps the interest rate at 28% on loans of up to $25,000, effectively making payday loans illegal in the state. The law was enacted to protect consumers from the predatory lending practices of payday loan companies, which often charge exorbitant fees and interest rates, trapping borrowers in a cycle of debt.

What are the Risks of Payday Loans?

While payday loans can seem like a quick solution to financial trouble, they come with significant risks and drawbacks. These loans often have extremely high interest rates, which can make it difficult for borrowers to repay the loan on time. In addition, many payday loan companies charge hidden fees and penalties, which can quickly add up and make the loan even more expensive. Finally, payday loan companies often do not check the borrower’s credit score before issuing the loan, which can lead to borrowers taking on loans they cannot afford and becoming trapped in a cycle of debt.

What are the Alternatives to Payday Loans?

If you are in need of quick cash and cannot access a payday loan in Trafford, Pennsylvania, there are several alternatives available to you. One option is to seek assistance from your local community center or non-profit organization. These organizations often provide financial assistance to those in need. Another option is to ask for an advance on your paycheck from your employer. This option is usually interest-free and can provide you with the cash you need until your next payday. Finally, you may consider taking out a personal loan from a bank or credit union. These loans have lower interest rates and are much more affordable than payday loans.

Interesting facts about Payday Loans in Trafford, Pennsylvania

  • Payday lending is prohibited in Pennsylvania since 2018;
  • The average payday loan interest rate is 391%;
  • 12 million Americans annually use payday loans;
  • The average payday loan borrower takes out 8 loans per year;
  • Payday lending costs Americans $7 billion annually in fees.

Apply Now

If you are in need of quick cash in Trafford, Pennsylvania, TheGuaranteedLoans can help you find a stable investment option that fits your fiscal demands. We understand that an urgent bill or emergency might warrant the requirement of financing, which is why we’ve created a straightforward and secure online application process. Apply now to be connected with trusted lenders in your area. Please note that TheGuaranteedLoans is not a direct lender but a connector service that facilitates the connection between borrowers and potential lenders.

F.A.Q.

Can a payday loan company garnish my wages in Trafford, Pennsylvania?

No, a payday loan company cannot garnish your wages in Trafford, Pennsylvania because these loans are illegal in the state.

Can a payday loan company repossess my property in Trafford, Pennsylvania?

No, a payday loan company cannot repossess your property in Trafford, Pennsylvania because these loans are illegal in the state.