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

Company nameAddressZip codePhone number
Cokeley & Associates PLLC 63 Briarhill Lane, Harrisville, WV 26362 +1 (304) 643 - 2300
Universal Federal Credit Union 117 Mall Rd, Barboursville, WV 25504 +1 (304) 302 - 2023
Summit Community Bank 2107 Pike St, Parkersburg, WV 26101 +1 (304) 428 - 3406
Star USA Federal Credit Union 3871 Robert C Byrd Dr, Beckley, WV 25801 +1 (304) 256 - 7154
S.A.M. Check Cashing Machine 1203 N Queen St, Martinsburg, WV 25401 +1 (304) 263 - 6708
Jackson Hewitt Tax Service 1881 Robert C Byrd Dr, MacArthur, WV 25873 +1 (304) 906 - 6741
Premier Bank Inc. 103 Miller Dr, Ripley, WV 25271 +1 (304) 372 - 1160
Doolin Security Savings Bank 610 WV-2, New Martinsville, WV 26155 +1 (304) 455 - 1850
Whitesville State Bank 7022 Harper Rd, Glen Daniel, WV 25844 +1 (304) 934 - 5324
Loomis Armored US 1 Wireless Way, Parkersburg, WV 26101 +1 (304) 863 - 6894

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Slanesville, 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 Slanesville, WV.

Are Payday Loans Legal In Slanesville, 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

Slanesville, WV payday loan calculator

Why Payday Loans are Prohibited in Slanesville, West Virginia?

Payday loans, also known as cash advances or short-term loans, are not allowed in West Virginia. This means that consumers in Slanesville have limited options when it comes to emergency cash loans.

What are Payday Loans?

Payday loans are small, unsecured loans that borrowers typically use to cover unexpected expenses. Proponents of these loans argue that they provide quick access to cash for people who otherwise might not be able to obtain credit. Critics, however, say that these loans can trap borrowers in a cycle of debt.

Payday loans are typically due on the borrower’s next payday, which is where the name “payday loan” comes from. These loans often have high interest rates and fees, making them very expensive. For example, a $100 payday loan might come with a fee of $15, which would need to be paid back in two weeks.

Why are Payday Loans Prohibited in West Virginia?

West Virginia, like many other states, has recognized the potential harm of payday loans and has banned them altogether. The state has placed strict regulations on lenders in an effort to protect consumers from predatory lending practices.

These regulations include a cap on interest rates at 31% APR, a limit on loan amounts, and restrictions on the number of loans that a borrower can have at one time. Additionally, lenders are required to obtain a license from the West Virginia Division of Financial Institutions in order to offer loans in the state.

What are the Alternatives to Payday Loans in Slanesville?

While payday loans are not available in Slanesville, there are other options for those in need of emergency cash. Some of these options include:

  • Credit union loans
  • Personal installment loans
  • Credit card cash advances
  • Borrowing from friends or family
  • Selling items that are no longer needed

It’s important to carefully consider all options before taking out a loan. Borrowers should also make sure they understand the terms of any loan agreement before signing on the dotted line.

Interesting Facts about Payday Loans in Slanesville, West Virginia

  • Payday loans are prohibited in West Virginia, but the use of online payday loan services is still very prevalent.
  • The average annual percentage rate (APR) for a payday loan in West Virginia is 513%, making them one of the most expensive forms of credit.
  • Between 2012 and 2015, there were 46 payday loan companies in West Virginia that collectively charged over $25 million in fees.
  • The Consumer Financial Protection Bureau (CFPB) has proposed federal regulations that would crack down on payday loans and other forms of high-interest, short-term lending.

Apply Now and Connect with Potential Lenders

If you’re in need of emergency cash in Slanesville, West Virginia, there are alternatives to payday loans. At TheGuaranteedLoans, we connect borrowers with potential lenders who can offer personal loans and other financial products. We’re a connector service, not a direct lender, which means that we don’t make loan decisions or set the terms of any loans.

If you’re interested in finding a lender, simply fill out our online application form. We’ll review your application and connect you with potential lenders who may be able to offer you a loan. Applying through our site is easy, fast, and secure.

Conclusion

While payday loans may seem like a quick fix for unexpected expenses, they come with high interest rates and fees that can trap borrowers in a cycle of debt. Fortunately, there are other options available for those in need of emergency cash.

If you’re considering taking out a loan, be sure to carefully consider all of your options and read the terms and conditions of any loan agreement before signing on the dotted line. And remember, if you need help finding a lender, TheGuaranteedLoans is here to help.

F.A.Q.

Are there any alternatives to payday loans in Slanesville, West Virginia?

Yes, there are several alternatives to payday loans in Slanesville, West Virginia, including credit unions, community development financial institutions, and small-dollar loan programs offered by banks and credit unions.

Can I still take out a payday loan if I live in Slanesville, West Virginia but the lender is based in another state?

No, it is illegal for payday lenders to offer loans to residents of West Virginia, regardless of where the lender is located.

Look for Short-Term Loans in Other Cities: