Payday Loans in Capon Springs, West Virginia

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 Capon Springs, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
First Community Bank 111 Citizens Dr, Beckley, WV 25801 +1 (304) 252 - 9400
Jackson Hewitt Tax Service 200 Academy Dr, Ripley, WV 25271 +1 (304) 377 - 7111
Fayette County National Bank 1554 E Main St, Oak Hill, WV 25901 +1 (304) 469 - 2555
Ware Insurance Agency Llc 611 Elk St, Gassaway, WV 26624 +1 (304) 364 - 9120
AAMCO Transmissions & Total Car Care 281 Courthouse Rd, Princeton, WV 24740 +1 (304) 425 - 2153
Premier Bank Inc. 124 Cedar St, Ronceverte, WV 24970 +1 (304) 647 - 4500
Calhoun Banks - Glenville Office 904 N Lewis St, Glenville, WV 26351 +1 (304) 462 - 5051
Investment Planning Advisors 3008 E Cumberland Rd, Bluefield, WV 24701 +1 (304) 327 - 0401
Pioneer West Virginia Federal Credit Union 416 Main St, Huntington, WV 25702 +1 (304) 348 - 6648
Jackson Hewitt Tax Service 165 E 2nd Ave, Williamson, WV 25661 +1 (304) 235 - 2700

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Capon Springs, WV, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Charleston, WV, Payday Loans in Huntington, WV, Payday Loans in Morgantown, WV and Payday Loan for Parkersburg, WV. 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 Capon Springs, WV.

Are Payday Loans Legal In Capon Springs, West Virginia?

Payday Lending is Prohibited in West Virginia

West Virginia Loan Regulations

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

Capon Springs, WV payday loan calculator

Payday Loans in Capon Springs, West Virginia

Payday loans are a type of short-term, high-interest loan that are typically borrowed against the borrower’s next paycheck. They are designed to help people who need a quick injection of cash to cover unexpected expenses or emergencies.

In the state of West Virginia, however, payday loans are prohibited. This means that lenders are not allowed to offer payday loans to borrowers in this state, and borrowers are not allowed to take out payday loans.

The Prohibition of Payday Loans in West Virginia

West Virginia passed a law back in 2009 which effectively outlawed payday loans in the state. This law sets strict limits on the amount of interest that lenders can charge borrowers, making it unprofitable for payday lenders to operate in the state.

The law was passed after a study found that payday lenders were charging interest rates of up to 400%, trapping many borrowers in a cycle of debt that they struggled to get out of. In response, the state government took action to protect consumers and prevent predatory lending.

The Challenges of Payday Loans

While payday loans may seem like a quick and easy way to get cash when you need it, they come with some significant risks. One of the biggest challenges is the high interest rates that are charged on these loans.

Because payday loans are designed to be repaid quickly, the interest rates are often extremely high. This makes it very difficult for borrowers to pay back the loan in full without incurring additional debt.

In addition to high interest rates, payday loans often come with additional fees and charges that can add up quickly. Borrowers may be required to pay origination fees, late fees, and prepayment penalties, among others.

Alternatives to Payday Loans

If you are in need of cash and live in West Virginia, it’s important to understand that payday loans are not an option. However, there are still other options available that can help you get the financial help you need.

  • Credit Unions: Credit unions offer loans at much lower interest rates than payday lenders. They may also be more willing to work with borrowers who have poor credit.
  • Personal Loans: Personal loans are another option for borrowers who need money quickly. These loans come with lower interest rates than payday loans, making them a more affordable option for many.
  • Credit Cards: If you have a credit card, you may be able to use it to cover unexpected expenses. While this isn’t the best option if you need cash, it can be a good alternative if you only need to make a small purchase.

Interesting Facts or Statistics about Payday Loans in Capon Springs, West Virginia

  • West Virginia passed a law in 2009 that made payday loans illegal in the state.
  • The law was passed after a study found that payday lenders were charging interest rates of up to 400%.
  • Payday loans trap many borrowers in a cycle of debt that they struggle to get out of.
  • While payday loans are illegal in West Virginia, there are still alternatives available for borrowers who need financial help.

Apply Now

If you are in need of financial assistance, TheGuaranteedLoans can help connect you with potential lenders who may be able to provide the help you need. Our online application process is quick and easy, and we work with a wide range of lenders to help ensure you get the best possible terms and rates.

It’s important to remember that TheGuaranteedLoans is a connector service, not a direct lender. We do not make lending decisions or control the terms of the loans we refer you to. Instead, we simply facilitate your connection with potential lenders who may be able to help you.

So if you are in need of cash and live in Capon Springs, West Virginia, consider applying for a loan through TheGuaranteedLoans. With our help, you may be able to find the financial assistance you need to get through tough times.

F.A.Q.

Can I be charged with a crime for taking out an illegal payday loan in Capon Springs, West Virginia?

No, taking out an illegal payday loan in Capon Springs, West Virginia is not a crime. However, the lender may face legal consequences for offering illegal loans.

Can I be sued for not paying back an illegal payday loan in Capon Springs, West Virginia?

No, you cannot be sued for not paying back an illegal payday loan in Capon Springs, West Virginia.

Look for Short-Term Loans in Other Cities: