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

Company nameAddressZip codePhone number
Pendleton Community Bank 835 Main St E, Oak Hill, WV 25901 +1 (304) 469 - 8046
WesBanco Bank 13141 Shortline Hwy, Pine Grove, WV 26419 +1 (304) 889 - 3337
First Citizens Bank 686 Main St E, White Sulphur Springs, WV 24986 +1 (304) 536 - 1400
BB&T 114 E Main St, Kingwood, WV 26537 +1 (304) 329 - 2000
Kroger Money Services 198 Emily Dr, Clarksburg, WV 26301 +1 (304) 623 - 1015
Tax & Accounting Solutions Inc. 200 Virginia Ave, Chester, WV 26034 +1 (304) 387 - 0626
Classic Jewelry & Loan 6339 Co Rd 60/50, Barboursville, WV 25504 +1 (304) 733 - 1840
United States Postal Service 857 Main St E, White Sulphur Springs, WV 24986 +1 (800) 275 - 8777
John Howerton Honda 252 Auto Plaza Dr, Beckley, WV 25801 +1 (304) 252 - 0744
Freedom Bank 302 WV-20, Buckhannon, WV 26201 +1 (304) 472 - 7070

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Verner, WV, you can try to find different companies in big cities near by. Check out the following pages here: Same Day Loans in Charleston, WV, Payday Loans in Huntington, WV, Payday 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 Verner, WV.

Are Payday Loans Legal In Verner, 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

Verner, WV payday loan calculator

Understanding Payday Loans in Verner, West Virginia

Payday loans are short-term loans that are typically paid back in full when a borrower’s next paycheck arrives. These loans have gained a reputation for being a high-cost way to quickly access money, often trapping borrowers in a cycle of debt.

In West Virginia, payday loans are prohibited by law, meaning that it is illegal for a lender to offer this type of loan. However, this does not mean that those in need of emergency funds are out of luck. There are many alternatives to payday loans that can provide the financial assistance you need without the risk of falling into a debt trap.

Why are Payday Loans Prohibited in West Virginia?

The state of West Virginia has determined that payday loans are harmful to consumers and should not be legally allowed. This is because these loans often come with high interest rates and fees that can quickly add up, making repayment difficult or impossible.

In addition, payday lenders have been known to target low-income communities, often leaving those who can least afford it with a cycle of debt that is difficult to escape. The effects of this can be devastating for individuals and families, leading to financial instability and hardship.

Alternatives to Payday Loans in Verner, West Virginia

While payday loans may be illegal in West Virginia, there are many alternatives to consider if you’re in need of emergency funds. Here are some options to consider:

  • Credit Union Loans: Credit unions are not-for-profit financial institutions that offer a wide range of loan products, including personal loans. These loans often come with lower interest rates and more favorable repayment terms than traditional payday loans.
  • Personal Loans: Many banks and online lenders offer personal installment loans that can be used for emergency expenses. These loans come with fixed interest rates and installment payments, making it easier to budget for repayment.
  • Credit Counseling: If you’re struggling with debt and need help, credit counseling services may be able to provide assistance. These organizations can help you develop a budget, negotiate with creditors, and explore debt relief options.
  • Emergency Assistance: There are many non-profit organizations and government programs that offer emergency financial assistance to those in need. Check with your local community organizations to see what support is available in your area.

Interesting Facts and Statistics about Payday Loans in Verner, West Virginia

  • According to Pew Charitable Trusts, the average payday loan borrower is in debt for five months out of the year, spending an average of $520 in fees to repeatedly borrow $375.
  • Approximately 12 million Americans use payday loans each year, with around 80 percent of borrowers rolling over their loans into a new loan within two weeks, according to the Consumer Financial Protection Bureau (CFPB).
  • The CFPB has found that many payday lenders require borrowers to provide access to their checking accounts, making it difficult to stop unauthorized withdrawals and leaving borrowers vulnerable to overdraft and other fees.

Apply Now for Emergency Funding

If you’re in need of emergency funds, TheGuaranteedLoans can help connect you with potential lenders who offer personal loans with reasonable rates and terms. Our online loan application process is easy and secure, allowing you to quickly access the funds you need.

It’s important to remember that TheGuaranteedLoans is a connector service, not a direct lender. This means that we work with a network of trusted lenders to help you find the best loan product for your needs. When you apply for a loan through our website, we will do our best to facilitate your connection with a lender who can provide the funds you need.

So why wait? Apply now and take the first step toward financial security.

F.A.Q.

Can I be sued or have my wages garnished if I default on a payday loan in Verner, West Virginia?

No, because payday loans are illegal in Verner, West Virginia, lenders cannot sue borrowers or garnish their wages for non-payment.

Are there any protections for borrowers who take out illegal payday loans in Verner, West Virginia?

Yes, the state of West Virginia has established several protections for borrowers who may be misled or exploited by illegal payday lenders. These include the right to cancel a loan within five days, the right to dispute any charges or fees, and the right to seek legal assistance.

Look for Short-Term Loans in Other Cities: