Payday Loans in Isle La Motte, Vermont

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 Isle La Motte, VT. Consider companies in other cities:

Company nameAddressZip codePhone number
Morgan Stanley Smith Barney 626 Mountain Rd, Stowe, VT 05672 +1 (802) 253 - 7328
KeyBank 315 N Main St, Barre, VT 05641 +1 (802) 476 - 4135
People's United Bank 193 Route 7 South, Milton, VT 05468 +1 (802) 893 - 1558
Heritage Family Credit Union ATM 433 West St, Rutland, VT 05701 +1 (888) 252 - 8932
NeighborWorks of Western Vermont 110 Marble St, West Rutland, VT 05777 +1 (802) 438 - 2303
Peter Trottier - Raymond James 346 Shelburne Rd, Burlington, VT 05401 +1 (802) 863 - 5534
National Bank of Middlebury 240 Court St, Middlebury, VT 05753 +1 (802) 388 - 0990
Tax Team 86 Court St, Middlebury, VT 05753 +1 (802) 388 - 6603
NorthCountry Federal Credit Union 3336 Airport Rd, Barre, VT 05641 +1 (800) 660 - 3258
Wells River Savings Bank 4976 Main St S, Newbury, VT 05051 +1 (802) 866 - 5618

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Isle La Motte, VT, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Burlington, VT. 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 Isle La Motte, VT.

Beautiful sights of Isle La Motte, VT

Payday Loans Available in Isle La Motte, VT By The Following ZIP Codes:

05463

Are Payday Loans Legal In Isle La Motte, Vermont?

Payday Lending is Prohibited in Vermont

Vermont Loan Regulations

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

Isle La Motte, VT payday loan calculator

When facing a financial emergency, it can be challenging to make ends meet. One option people turn to is payday loans. However, if you’re in or planning to visit Isle La Motte, Vermont, it’s essential to know that payday loans are prohibited. This article will provide you with valuable information about payday loans, how they work, and what to do if you need financial assistance in Isle La Motte, Vermont.

What Are Payday Loans?

Payday loans are a short-term loan given to individuals that need to meet their immediate financial needs quickly. These loans are usually of a small amount and require repayment within two weeks to a month, depending on the agreement.

They are enticing because they do not require collateral or a credit check, and the application process is fast. However, payday loans come with high-interest rates that can leave the borrower in a cycle of debt.

Why Are Payday Loans Prohibited in Isle La Motte, Vermont?

Payday loans in Isle La Motte, Vermont, and generally in the state, are prohibited to protect consumers from predatory lenders. Payday loans come with high interest rates and fees, often trapping borrowers in a cycle of debt. The state has set maximum interest rates that lenders can charge, making payday loans an unprofitable option for lenders and protecting consumers from being taken advantage of.

The Alternatives to Payday Loans in Isle La Motte, Vermont

If you find yourself in a financial emergency in Isle La Motte, Vermont, and payday loans are not an option, several alternatives can help you get through the difficult financial times.

1. Personal Loans

Personal loans are loans given based on your credit history and ability to repay the loan. They’re usually for larger amounts than payday loans and come with a more extended repayment period. Personal loans usually have lower interest rates than payday loans, making them a better option for borrowers.

2. Credit Unions

Credit unions are non-profit organizations providing financial assistance to their members at lower interest rates than traditional banks. Credit unions can provide personal loans, credit cards, and other financial assistance to their members.

3. Community Assistance Programs

Check with local nonprofits and charitable organizations for temporary financial assistance programs. Many organizations provide financial assistance and can also offer budgeting and financial planning support.

4. Credit Counseling Services

Credit counseling services provide free or low-cost financial education and personalized solutions. They can work with you to create a budget, develop a debt repayment plan, and evaluate your financial situation to help you stay on track.

Interesting Facts About Payday Loans

  • Payday loans interest rates can reach up to 400 percent or more, trapping borrowers in a cycle of debt.
  • 12 million Americans use payday loans annually, spending over $9 billion on loan fees.
  • Payday loans target low-income communities and those who do not have traditional banking relationships.
  • Payday loans are legal in some states, prohibited in others, with regulations varying across states.

Apply Now

If you find yourself in a financial emergency and need immediate assistance, apply now on TheGuaranteedLoans website. We are a connector service that can help you find lenders who are willing to provide you with loans. We will not make credit decisions or lend money directly. By submitting your application on our website, we will facilitate the connection between you and potential lenders who can help you in your financial situation.

Remember, payday loans may not be an option in Isle La Motte, Vermont, but there are alternatives available to help you through financial hardship. Research the available options by visiting local credit unions, financial counseling services, and other community assistance programs. Don’t hesitate to reach out for help.

F.A.Q.

What are the penalties for offering or taking out a payday loan in Isle La Motte, Vermont?

Offering or taking out a payday loan in Isle La Motte, Vermont is considered a criminal offense and can result in fines and imprisonment.

Are there any exceptions to the payday loan prohibition in Isle La Motte, Vermont?

No, there are no exceptions to the payday loan prohibition in Isle La Motte, Vermont.

Look for Short-Term Loans in Other Cities: