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

Company nameAddressZip codePhone number
CCMH Fed Credit Union 800 Garfield Ave, Parkersburg, WV 26101 +1 (304) 424 - 2255
Freedom Bank 330 Beverly Pike, Elkins, WV 26241 +1 (304) 636 - 2311
BB&T 7 S Washington St, Berkeley Springs, WV 25411 +1 (304) 258 - 4596
ATM M&t Bank 299 Bryan St, Petersburg, WV 26847 +1 (800) 627 - 3999
Summit Community Bank 150 E Main St, Salem, WV 26426 +1 (304) 782 - 2555
Cashland Pawn Shop 701 E Pike St, Clarksburg, WV 26301 +1 (304) 626 - 3330
John Ranson - Raymond James 4112 MacCorkle Ave SE, Charleston, WV 25304 +1 (304) 926 - 2609
Summit Community Bank 564 N Main St, Franklin, WV 26807 +1 (304) 358 - 2388
Freedom Bank 625 W Main St, Bridgeport, WV 26330 +1 (304) 842 - 4424
Vicky Murphy - State Farm Insurance Agent 346 Enterprise Dr, Gassaway, WV 26624 +1 (304) 364 - 8600

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Verdunville, 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, Same Day Loans in Morgantown, WV and Quick 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 Verdunville, WV.

Payday Loans Available in Verdunville, WV By The Following ZIP Codes:

25649

Are Payday Loans Legal In Verdunville, 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

Verdunville, WV payday loan calculator

The Truth About Payday Loans in Verdunville, West Virginia

Payday loans provide borrowers with fast cash but with sky-high interest rates and fees. Understanding how these loans work is essential to avoid falling into a cycle of debt that can be hard to escape from. In this article, we’ll take a closer look at payday loans in Verdunville, West Virginia, and why they’re prohibited in this state.

What Exactly Are Payday Loans?

Payday loans are a type of small-dollar loan that is typically due on the borrower’s next payday. They provide fast cash to individuals who may not have access to traditional credit. Typically, payday loans range from $100 to $500 and carry a fee of $15 to $30 for every $100 borrowed. In some cases, borrowers may be required to provide a postdated check or provide access to their bank account to secure the loan. If the borrower is unable to repay the loan on time, the lender may rollover the loan, resulting in additional fees and interest charges.

Why Are Payday Loans Prohibited in West Virginia?

Payday loans are prohibited in West Virginia, along with several other states, due to their predatory nature and sky-high interest rates. The state’s Attorney General has stated that payday loans are “unfair and deceptive” and that they “prey upon the most vulnerable.” In addition, payday loans carry annual percentage rates (APRs) that can reach as high as 700%, making them almost impossible to repay. By enacting strict laws on payday lending, West Virginia has protected its residents from falling into a cycle of debt.

What Are the Alternatives to Payday Loans in Verdunville, West Virginia?

If you find yourself in need of cash in Verdunville, West Virginia, there are several alternatives to payday loans that can help you bridge the gap until your next paycheck.

  • Credit unions: Credit unions are not-for-profit financial institutions that offer small-dollar loans at reasonable interest rates. They often have more flexible repayment terms than traditional banks.
  • Borrow from friends or family: While it may be uncomfortable to ask for help, borrowing from friends or family may be a better option than taking out a predatory payday loan.
  • Credit counseling: Credit counseling organizations can help you manage your debt and finances. They may be able to work with your creditors to reduce your interest rates and payments.

Tip: It’s always a good idea to have an emergency fund to help you cover unexpected expenses. Having a few months’ worth of living expenses saved up can help you avoid relying on high-interest loans.

Interesting Facts and Statistics About Payday Loans

  • The average payday loan borrower in the United States takes out 10 loans per year, spending almost 200 days in debt.
  • Payday lenders make most of their money from borrowers who take out several loans per year. These borrowers account for 91% of payday loan fees.
  • Payday loans trap millions of Americans in a cycle of debt. More than 80% of payday loans are renewed or followed by another loan within 14 days.

Apply Now for a Loan on TheGuaranteedLoans Website

If you’re in need of cash in Verdunville, West Virginia, TheGuaranteedLoans can help you connect with potential lenders who can provide the funds you need. Remember, TheGuaranteedLoans is a connector service, not a direct lender. We take your application and match you with potential lenders who may offer you the funds you need. Apply now on our website and get connected with lenders today!

Please note: Payday loans are prohibited in West Virginia, and we do not offer payday loans on our website. We encourage you to consider alternatives to payday loans, such as credit unions, friends and family loans, or credit counseling.

F.A.Q.

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

Yes, there are several alternatives to payday loans in Verdunville, 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 Verdunville, 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: