Payday Loans in East Lynn, 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 East Lynn, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
BB&T 21 Main St, Cameron, WV 26033 +1 (304) 686 - 3351
United Bank 550 Emily Dr, Clarksburg, WV 26301 +1 (304) 624 - 9200
Main Street Bank 2088 National Rd, Wheeling, WV 26003 +1 (304) 242 - 6005
Huntington Bank 1905 1st Ave, Nitro, WV 25143 +1 (304) 755 - 8101
United Bank 145 W Maple Ave, Fayetteville, WV 25840 +1 (304) 574 - 0021
United Bank 20020 Midland Trail, Ansted, WV 25812 +1 (304) 658 - 5221
Clarksburg Area Postal CU 323 E Pike St, Clarksburg, WV 26301 +1 (304) 623 - 4794
Bank of Romney 95 E Main St, Romney, WV 26757 +1 (304) 822 - 3541
MVB Bank 231 Aikens Center, Martinsburg, WV 25404 +1 (304) 262 - 5751
Eastern Panhandle Fed CU 36 General Motors Access Rd, Martinsburg, WV 25403 +1 (304) 263 - 2887

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in East Lynn, 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, Same Day Loans in Morgantown, WV and Payday 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 East Lynn, WV.

Are Payday Loans Legal In East Lynn, 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

East Lynn, WV payday loan calculator

Overview of Payday Loans in East Lynn, West Virginia

If you are in need of quick cash and considering a payday loan in East Lynn, West Virginia, you might be out of luck. Payday loans are prohibited in West Virginia, including East Lynn. However, there are still some options available for those seeking short-term loans.

Why are Payday Loans Prohibited in West Virginia?

West Virginia’s legislature passed a law in 2009 outlawing payday lending in the state. The legislation was designed to protect consumers from exorbitant interest rates and fees that can trap borrowers in a cycle of debt. Under the law, payday lenders are prohibited from operating in the state and collecting debts from any loans made before the law’s enactment.

Alternative Options for East Lynn Residents

Although payday loans are not available in East Lynn, West Virginia, there are still some short-term loan options that residents can consider in times of financial need. Some of these include:

Personal Loans: Personal loans are unsecured loans that can often be used for a variety of purposes. They can offer fixed interest rates, fixed repayment terms and more favorable interest rates than payday loans. However, they often require a good credit score and a longer application process.

Emergency Assistance: Many non-profit organizations in East Lynn offer emergency assistance programs that can help residents in times of need. These programs may offer financial assistance for things like rent, utilities, and medical bills.

Credit Cards: Although not ideal, credit cards can provide a short-term solution to financial emergencies. They usually offer lower interest rates than payday loans and can be a useful tool for those in need of quick cash.

Interesting Facts and Statistics about Payday Loans in West Virginia

Here are some interesting facts and statistics about payday loans in West Virginia:

  • In 2009, West Virginia became the 16th state to prohibit payday loans.
  • A typical payday loan in West Virginia carries an annual percentage rate (APR) of 391%.
  • In 2018, the Center for Responsible Lending estimated that payday lenders drained $8 million a year from West Virginia families.
  • According to a Pew Charitable Trust survey, the average payday loan borrower in West Virginia takes out eight loans per year, with an average loan size of $375.

Apply Now

If you need a short-term loan and live in an area where payday loans are legal, TheGuaranteedLoans is here to help. Our easy-to-use online application process connects you with a network of potential lenders who specialize in providing short-term loans to those in need. Remember, TheGuaranteedLoans is a connector service, not a direct lender, and we will facilitate your connection with potential lenders. Apply now to get started!

F.A.Q.

Can a payday loan company file a lawsuit against me in East Lynn, West Virginia?

No, a payday loan company cannot file a lawsuit against you in East Lynn, West Virginia because these loans are illegal in the state.

Are there any federal laws that apply to payday loans in East Lynn, West Virginia?

Yes, there are federal laws that apply to payday loans in East Lynn, West Virginia, including the Military Lending Act and the Truth in Lending Act. These laws provide protections for consumers and regulate the practices of payday lenders.

Look for Short-Term Loans in Other Cities: