Payday Loans in Fairdale, 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 Fairdale, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
WesBanco Bank 100 Cabela Dr, Triadelphia, WV 26059 +1 (304) 238 - 7000
WesBanco Bank 333 Penco Rd, Weirton, WV 26062 +1 (304) 797 - 8000
Thornhill Mitsubishi U.S. Rt 119, Trace Fork Rd, Chapmanville, WV 25508 +1 (304) 855 - 4092
Home Town Loan & Pawn Inc 1044B Arbuckle Rd, Summersville, WV 26651 +1 (304) 872 - 9464
Innovative Investments Inc 102 South Randolph Ave, Elkins, WV 26241 +1 (304) 636 - 3557
First Community Bank 1616 Cook Pkwy, Oceana, WV 24870 +1 (304) 682 - 8244
City National Bank 212 Airport Rd, Beaver, WV 25813 +1 (304) 255 - 5140
Man Bank of LB&T 219 Huff Creek Pkwy, Man, WV 25635 +1 (304) 583 - 8880
Fifth Third Bank & ATM 101 River Rd, Barboursville, WV 25504 +1 (304) 736 - 5304
1st National Community Bank 1200 N Chestnut St, New Cumberland, WV 26047 +1 (304) 564 - 4000

Payday Loan Companies in Nearby Cities

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

Are Payday Loans Legal In Fairdale, 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

Fairdale, WV payday loan calculator

Understanding Payday Loans in Fairdale, West Virginia

Payday loans are small, short-term loans that are typically taken out by borrowers to cover unexpected expenses or bridge the gap between paychecks. However, it is important to note that payday loans are prohibited in West Virginia. In this article, we will take a closer look at what payday loans are, the risks associated with them, and alternatives available to borrowers in Fairdale, West Virginia.

What are Payday Loans?

Payday loans are loans that are usually for small amounts, ranging from $100 to $1000, although this can vary depending on the lender. They are usually due on the borrower’s next payday, hence the name “payday loan”.

Payday loans are often thought of as a quick and easy way to get cash when you need it. However, they come with high-interest rates and fees that can make them very expensive to repay.

The Risks of Payday Loans

One of the biggest risks of payday loans is the high-interest rates and fees that are associated with them. These fees can quickly add up and make it difficult for borrowers to repay the loan. In some cases, borrowers may end up owing more in fees than they originally borrowed.

Another risk of payday loans is that they can lead to a cycle of debt. Because payday loans are due on the borrower’s next payday, some borrowers may not be able to repay the loan in full. This can lead to the loan being rolled over, which means the borrower pays additional fees and interest to keep the loan outstanding.

Alternatives to Payday Loans

Fortunately, there are alternatives available to borrowers in Fairdale, West Virginia who are in need of cash. Some of these include:

  • Credit Union Loans: Credit unions may offer small loans to their members at lower interest rates than payday loans.
  • Credit Counseling: Credit counseling services can help borrowers create a budget and develop a plan for repaying debts.
  • Personal Loans: Personal loans may be available through banks, online lenders, or credit unions at lower interest rates than payday loans.
  • Family and Friends: Borrowing from family or friends can be a good way to get cash without the high interest rates and fees associated with payday loans.

Facts and Statistics About Payday Loans in Fairdale, West Virginia

While payday loans are prohibited in West Virginia, it is still important to understand the impact of payday loans on communities. Here are some facts and statistics related to payday lending in West Virginia:

  • In 2018, West Virginia residents were charged an estimated $29 million in payday loan fees.
  • The average interest rate for a payday loan in West Virginia is 129%.
  • Most payday loan borrowers in West Virginia are low-income earners.
  • The average payday loan borrower in West Virginia takes out eight loans per year with an average loan amount of $375.

Apply Now

If you are in need of cash, TheGuaranteedLoans may be able to connect you with potential lenders who can provide you with a personal loan. It is important to note that we are not a direct lender and do not make lending decisions. Instead, we are a connector service that facilitates your connection with potential lenders.

To get started, fill out our online application form today. Our team will review your information and connect you with lenders who may be able to help you with your financial needs.

Conclusion

While payday loans are prohibited in West Virginia, there are still alternatives available to borrowers who need cash. It is important to carefully consider the risks associated with payday loans and explore all options before making a decision. At TheGuaranteedLoans, we are committed to helping borrowers find the financial solutions that best meet their needs.

F.A.Q.

Are there any other options for fast cash in Fairdale, West Virginia?

Consumers in Fairdale, West Virginia may be able to access funds through a credit union or bank loan, or by using a credit card or personal loan. It is also possible to sell assets or ask friends or family for financial assistance.

Are payday loans legal in Fairdale, West Virginia?

No, payday loans are prohibited in the state of West Virginia.

Look for Short-Term Loans in Other Cities: