Payday Loans in Coal City, 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 Coal City, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
Timothy E Ball, PLLC, CPA, Registered Investment Advisor 334 S Main St, Moorefield, WV 26836 +1 (304) 530 - 7627
ACT 1st Federal Credit Union 555 W Main St, Romney, WV 26757 +1 (301) 729 - 8015
First United Bank & Trust 8919 Williamsport Pike, Falling Waters, WV 25419 +1 (304) 274 - 3707
Waycose Federal Credit Union 3851 Piedmont Rd, Huntington, WV 25704 +1 (304) 429 - 1213
Thrivent Financial for Lutherans 39 Volewood Ln, Gallagher, WV 25083 +1 (681) 443 - 2659
BB&T 199 Mall Rd, Oak Hill, WV 25901 +1 (304) 469 - 2996
Summit Community Bank 515 Appalachian Hwy, Pineville, WV 24874 +1 (304) 732 - 8850
City National Bank 2212 Jackson Ave, Point Pleasant, WV 25550 +1 (304) 674 - 1000
Union Bank 638 WV-2, New Martinsville, WV 26155 +1 (304) 455 - 2967
Brown Edwards 1815 Jefferson St, Bluefield, WV 24701 +1 (304) 325 - 8157

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Coal City, WV, you can try to find different companies in big cities near by. Check out the following pages here: 24-Hour Loan in Charleston, WV, Payday Loans in Huntington, WV, Payday Loan for Morgantown, WV and Short-term Loans in 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 Coal City, WV.

Beautiful sights of Coal City, WV

Payday Loans Available in Coal City, WV By The Following ZIP Codes:

25823

Are Payday Loans Legal In Coal City, 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

Coal City, WV payday loan calculator

Payday Loans in Coal City, West Virginia: Understanding the Prohibition

Payday loans are generally small-dollar loans that are intended to help an individual cover unexpected expenses and make ends meet between paydays. However, each state has regulations and laws regarding payday loans. For instance, in West Virginia, payday loans are prohibited. Coal City, a small town in Raleigh County, West Virginia, adheres to this prohibition.

Despite the prohibition against payday loans in West Virginia, some people in Coal City may still find it challenging to make ends meet. Fortunately, there may be alternative options for obtaining quick cash, such as title loans or installment loans. At TheGuaranteedLoans, we connect borrowers with reliable lenders who can offer installment loans and other financial products that comply with state regulations.

Why are Payday Loans Prohibited in West Virginia?

Payday loans can often trap consumers in a cycle of debt, with high fees and interest rates that make it difficult to repay the loan. In West Virginia, lawmakers banned payday lending in an effort to protect consumers from falling prey to high-interest loans. West Virginia Code § 46A-4-107(c) prohibits payday lenders from operating in the state.

Despite these laws, however, some lenders may still try to offer payday loans in West Virginia. Potential borrowers should be cautious of these lenders and avoid obtaining a payday loan under any circumstances.

Alternative Financial Products for Coal City Residents

While payday loans are not an option in West Virginia, there are other products that may be able to help Coal City residents meet their financial needs. For example, installment loans may be a viable option for those who require quick access to cash without resorting to payday loans.

Installment loans are loans that you repay in amounts over an agreed-upon period. The repayment period and the amount of each installment are specified in the loan agreement. Installment loans can range from a few hundred to several thousand dollars, depending on the lender and the borrower’s needs and circumstances.

When accessing our website, TheGuaranteedLoans, Coal City residents can access our network of reputable lenders who offer various financial products, including installment loans, title loans, personal loans, and more. All of the lenders in our network follow state laws and industry best practices to ensure that borrowers can access transparent loans that work for them.

Apply Now for Installment Loans and Other Financial Products

Coal City residents who require quick access to cash can turn to TheGuaranteedLoans for help. Our process is easy and straightforward, and it begins with a simple application. Potential borrowers can apply online by filling out a brief form that requires their contact information, income, and other basic details.

Once the application is complete, we will connect the borrower with a lender in our network. The lender will assess the borrower’s application and determine whether they can offer a loan that meets the borrower’s needs. If the borrower is approved, they can receive the funds within one to two business days.

Interesting Facts about Payday Loans in Coal City, West Virginia

  • Payday loans have been prohibited in West Virginia since 2009.
  • The state of West Virginia has some of the strongest laws and regulations regarding payday loans in the United States.
  • The average APR (annual percentage rate) for payday loans in the US is 391%.
  • In states where payday lending is legal, it is estimated that approximately 12 million people borrow from payday lenders each year.
  • Payday lenders make an estimated $9 billion in fees from borrowers each year.

Conclusion

While payday loans are prohibited in West Virginia, residents in Coal City have access to alternative financial products, such as installment loans, that can help them meet their financial needs. Applying for a loan through a reliable lender network such as TheGuaranteedLoans can help borrowers obtain transparent loans that comply with state regulations. If you are in need of funds and reside in Coal City, West Virginia, fill out an online application today and begin the process of receiving a loan that works for you.

Apply Now:

Fill out our online application to connect with lenders offering installment loans and other financial products in West Virginia.

Note: TheGuaranteedLoans is not a direct lender. We provide a service to connect applicants with lenders who can offer the financial products they seek. Lenders in our network operate within state laws and practice industry best practices to ensure that borrowers can access transparent loans that work for them.

F.A.Q.

Are payday loans legal in Coal City, West Virginia?

No, payday loans are not legal in Coal City, West Virginia. In fact, the state has some of the strictest laws in the country when it comes to payday lending, and it is one of only a few states that completely prohibits the practice.

What are the consequences of taking out a payday loan in Coal City, West Virginia?

Taking out a payday loan in Coal City, West Virginia is illegal, and violators can face significant penalties, including fines, jail time, and the revocation of their business license.

Look for Short-Term Loans in Other Cities: