Payday Loans in Drennen, West Virginia

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No payday loan companies in Drennen, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
Innovative Investments Inc 102 South Randolph Ave, Elkins, WV 26241 +1 (304) 636 - 3557
Just Pawn It 3196 Northwestern Turnpike, Capon Bridge, WV 26711 +1 (304) 856 - 1211
WesBanco Bank 333 Penco Rd, Weirton, WV 26062 +1 (304) 797 - 8000
Mountain Valley Bank, N. A. 219 Bradley Rd, Mill Creek, WV 26280 +1 (304) 335 - 2222
First Federal Savings & Loan 712 Washington St, Ravenswood, WV 26164 +1 (304) 273 - 4212
Huntington Bank 5704 Pinecrest Dr, Huntington, WV 25704 +1 (304) 733 - 8230
City National Bank 1004 Bridge Rd, Charleston, WV 25314 +1 (304) 926 - 3375
Summit Community Bank 310 N Main St, Moorefield, WV 26836 +1 (304) 530 - 1000
Chessie Federal Credit Union 400 N Pike St, Grafton, WV 26354 +1 (304) 265 - 0766
PNC Mortgage 200 Lutz Ave, Martinsburg, WV 25404 +1 (304) 262 - 2785

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Drennen, WV, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan for Charleston, WV, Same Day Loans in Huntington, WV, Bad Credit Loans in 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 Drennen, WV.

Are Payday Loans Legal In Drennen, 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

Drennen, WV payday loan calculator

Payday Loans in Drennen, West Virginia: What You Need to Know

Payday loans can be a convenient solution for individuals who need to borrow money quickly and easily. However, before considering a payday loan, it’s important to know the laws and regulations regarding these loans in your state. If you’re looking for payday loans in Drennen, West Virginia, it’s important to know that they are actually prohibited.

What Are Payday Loans?

Payday loans are short-term loans that typically range from $100 to $1,000. They are usually due on your next payday, hence the name “payday loan.” These loans can be obtained quickly and easily, often within an hour or two, making them a popular option for individuals who need cash quickly.

Payday Loans in Drennen, West Virginia

In West Virginia, payday loans are prohibited under the West Virginia Code 46A-4-107 and the West Virginia Consumer Credit Protection Act. This means that if you’re looking for payday loans in Drennen, West Virginia, you won’t be able to find a physical store or lender.

Alternatives to Payday Loans in Drennen, West Virginia

While payday loans may not be an option in Drennen, West Virginia, there are still alternative solutions available. One option is to consider a personal installment loan. These loans allow you to borrow larger amounts of money, typically up to $5,000, and allow you to repay the loan over a longer period of time, usually between 12 and 48 months. This can make repayment more manageable and affordable.

Another option is to look into credit counseling or financial assistance programs. These programs can help you manage your finances and create a plan to pay off your debts over time. They may also offer assistance with budgeting and financial planning.

Interesting Facts and Statistics About Payday Loans in West Virginia

  • In 2019, West Virginia passed a new law to cap the APR on small dollar loans at 36%.
  • According to the Center for Responsible Lending, the average payday loan borrower in West Virginia takes out 12 loans per year, with an average loan amount of $339 and an APR of 574%.
  • In 2016, a total of $314 million was paid in fees and interest to payday lenders in West Virginia, according to the Center for Responsible Lending.

Apply Now

If you’re looking for a personal installment loan in Drennen, West Virginia, TheGuaranteedLoans can help connect you with potential lenders. Our application process is simple and easy, and we’ll work with you to find a lender who can meet your needs and budget. Keep in mind that we are a connector service, and not a direct lender. We simply facilitate the connection between borrowers and lenders.

If you’re considering a loan, it’s important to do your research and read all terms and conditions carefully. Always borrow responsibly and make sure you can afford the loan before applying.

At TheGuaranteedLoans, we’re committed to providing our clients with accurate and informative content. If you have any questions about payday loans in Drennen, West Virginia, or any other loan-related topic, please feel free to reach out to us for more information.

F.A.Q.

Can I get a payday loan with bad credit in Drennen, West Virginia?

No, payday loans are not available in Drennen, West Virginia regardless of credit history.

Can I get a payday loan without a checking account in Drennen, West Virginia?

No, payday loans are not available in Drennen, West Virginia regardless of banking status.

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