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

Company nameAddressZip codePhone number
Mountain State Tax Service Blue Marlin Plaza, Northwestern Turnpike, Capon Bridge, WV 26711 +1 (855) 988 - 2937
Sierra Pacific Mortgage - The Burke Team 55 Meridian Pkwy 101, Martinsburg, WV 25404 +1 (304) 263 - 1000
BB&T 500 13th Ave, Vienna, WV 26105 +1 (304) 295 - 5400
United Bank 300 Market St, Man, WV 25635 +1 (304) 583 - 2200
United Bank 1 Rosemar Cir, Parkersburg, WV 26104 +1 (304) 424 - 6300
First National Bank 1409 Main St, Follansbee, WV 26037 +1 (304) 527 - 1770
Grant County Bank - Canaan Valley Branch 5502 Appalachian Hwy, Davis, WV 26260 +1 (304) 866 - 4848
Modern Woodmen of America 1701 5th Ave 2, Charleston, WV 25387 +1 (304) 414 - 4480
Huntingtonized Federal Credit Union 481 W 8th Ave, Huntington, WV 25701 +1 (304) 528 - 2400
Huntington Bank 5704 Pinecrest Dr, Huntington, WV 25704 +1 (304) 733 - 8230

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Rosedale, WV, you can try to find different companies in big cities near by. Check out the following pages here: Online Loans in Charleston, WV, Payday Loans in Huntington, WV, Guaranteed Loans in Morgantown, WV and No Credit Check 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 Rosedale, WV.

Are Payday Loans Legal In Rosedale, 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

Rosedale, WV payday loan calculator

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

Payday loans are short-term loans given to individuals who are in need of quick cash. Typically, payday loans are given to those who have poor credit or who are unable to secure other forms of credit.

Payday Loans in West Virginia

It is important to note that payday loans are prohibited in West Virginia. Despite this, many individuals may still seek out payday loans through online lenders or lenders outside of West Virginia. It is important to understand the risks associated with payday loans and to consider other options before turning to a payday loan.

Why are payday loans prohibited in West Virginia?

The state of West Virginia has put a cap on interest rates for loans at 31%, making it difficult for payday lenders to be profitable. Additionally, payday lenders have been known to engage in predatory lending practices, leading to the state taking action to protect its citizens from these practices.

What are the risks of payday loans?

Payday loans often come with incredibly high interest rates, sometimes as high as 400%. This makes it easy to fall into a debt spiral where the borrower is unable to pay back the loan and ends up taking out additional loans to pay previous ones. This cycle can continue and lead to significant financial hardship for the borrower.

Additionally, payday lenders often have access to the borrower’s bank account information and can withdraw funds directly from the account, even if the borrower does not have enough funds to cover the withdrawal. This can lead to even more financial hardship and legal trouble for the borrower.

What are some alternatives to payday loans?

There are many alternatives that individuals can consider instead of turning to a payday loan:

  • Credit unions: Many credit unions offer small-dollar loans with reasonable interest rates.
  • Borrow from family or friends: While not always possible, borrowing from family or friends can be a much more reasonable option than a payday loan.
  • Sell unused items: Consider selling items you no longer need to make some extra cash.
  • Side hustles: Consider taking on a side job or gig to make some extra money.

Interesting facts and statistics about Payday Loans in Rosedale, West Virginia

  • In 2018, the payday lending industry in West Virginia was worth approximately $25 million.
  • In 2018, the average interest rate for a payday loan in West Virginia was 267%.
  • In 2018, the average payday loan borrower in West Virginia took out 12 loans throughout the year.

Apply Now

If you are in need of quick cash, TheGuaranteedLoans can help connect you with potential lenders. We are a connector service, not a direct lender, and we work to facilitate connections between borrowers and lenders who may be able to offer them the funds they need.

If you are considering a payday loan, we encourage you to consider all other options first and to understand the risks associated with payday loans. If you do decide to move forward with a loan, make sure to fully understand the terms and conditions and to have a clear plan for repayment.

F.A.Q.

Can I be sued for not paying back a payday loan in Rosedale, West Virginia?

Because payday loans are illegal in Rosedale, West Virginia, lenders cannot sue borrowers for not paying back the loan. However, borrowers may still be responsible for paying back any money they borrowed, even if the loan was illegal.

Can payday loan lenders garnish my wages in Rosedale, West Virginia?

No, payday loan lenders cannot garnish your wages in Rosedale, West Virginia because payday loans are illegal in the state.

Look for Short-Term Loans in Other Cities: