Payday Loans in Telogia, Florida

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No payday loan companies in Telogia, FL. Consider companies in other cities:

Company nameAddressZip codePhone number
Advance America 3244 S Cleveland Ave, Fort Myers, FL 33901 +1 (239) 278 - 5028
Payday Loans Dunedin FL & Installment Loans 1099 Main St, Dunedin, FL 34698 +1 (727) 228 - 6095
SunTrust 102 E Central Ave, Lake Wales, FL 33853 +1 (863) 589 - 0961
Cash America Pawn 36001 US Hwy 19 N, Palm Harbor, FL 34684 +1 (727) 499 - 0105
The Check Cashing Store 1990 N Military Trl B, West Palm Beach, FL 33409 +1 (561) 683 - 2822
IDS Loans Corp. 6000 Cattleridge Dr 100, Sarasota, FL 34232 +1 (844) 422 - 6644
CAMPUS USA Credit Union Hunter's Walk 5115 NW 43rd St, Gainesville, FL 32606 +1 (352) 335 - 9090
Banks of the Suwannee Check 16523 Spring St, White Springs, FL 32096 +1 (386) 397 - 1779
121 Financial Credit Union 1714 Blanding Blvd, Middleburg, FL 32068 +1 (904) 723 - 6300
Consumer Financial Services 550 Mary Esther Cut Off NW SUITE 3, Fort Walton Beach, FL 32548 +1 (850) 796 - 0800

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Telogia, FL, you can try to find different companies in big cities near by. Check out the following pages here: No Credit Check Loans in Port Saint Lucie, FL, Payday Loans in Riverview, FL, Payday Loans in Saint Cloud, FL, Payday Loans in Saint Petersburg, FL, Payday Loans in Sanford, FL, Emergency Loan in Sarasota, FL, Payday Loans in Spring Hill, FL and Payday Loans in Tallahassee, FL. 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 Telogia, FL.

Are Payday Loans Legal In Telogia, Florida?

Loan Rates and Fees, Laws and Regulations in Florida.

There are three active types of payday loans in Telogia, Florida: cash advance loans , personal check loan s, installment loans . Employees may take advance loans for any period of time starting from 7 to 31 days regardless their earnings during the last one-year period. Payday loan approval is based on a borrower's credit report, which is provided by the lender and subject to verification. Credit report is delivered unchanged to the borrower who complies with lender's requirements.

Requests are usually being settled online; quick cash advance pickup service is offered as well.

Payday loans are taken for $500 and have repayment terms of 4 weeks after the date of deposit receipt. Interest rate is equal to 35% (rounded to the second decimal place); APR - 304%.

The maximum amount of all your payday loans at one time shall not exceed $500.

There is a cooling-off period of 24 hours between 2 consecutive loans.

One loan at a time is allowed. No rollovers are allowed. Criminal actions are prohibited. An administrative fee equal to 50 cents for every $10 received as an advance or rollover may be charged; fee amount depends on credit report evaluation results available 24 hours ahead of loan repayment stage, as well as it depends on contract characteristics.

Florida Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)304
Maximum Loan Amount$500 exclusive of the fees
Minimum Loan Term7 days
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges0.1

Telogia, FL payday loan calculator

Understanding Payday Loans in Telogia, Florida

If you are in need of cash and live in Telogia, Florida, you may be considering taking out a payday loan. Payday loans are a type of short-term loan that can be helpful in an emergency, but they can also come with high fees and interest rates. In this article, we will explore the world of payday loans in Telogia, Florida, including their legality, regulations, and potential risks. We will also provide tips for finding a reputable lender and explain how TheGuaranteedLoans can assist you in finding a lender.

Are Payday Loans Legal in Florida?

Yes, payday loans are legal in Florida. However, the state has regulations in place to protect borrowers from excessive fees and interest rates. According to Florida law, payday loan lenders are limited to charging a maximum of 10% of the loan amount in fees and are prohibited from charging interest rates over 18%. Borrowers are also limited to one loan at a time and cannot take out more than $500 in payday loans at any given time.

The Risks of Payday Loans

While payday loans can be helpful in an emergency, they can also come with high fees and interest rates. Borrowers who cannot repay their loans on time may be hit with rollover fees, which can quickly add up and lead to a cycle of debt. Additionally, some payday lenders may engage in predatory practices, such as charging excessive fees or requiring borrowers to provide access to their bank accounts.

It is crucial to carefully consider the risks involved before taking out a payday loan. Borrowers should only take out a loan if they are confident they can repay it on time and in full.

How to Find a Reputable Lender

If you have decided to take out a payday loan, it is essential to find a reputable lender. Here are a few tips to help you find a lender you can trust:

  • Check the lender’s license: All payday lenders in Florida are required to be licensed with the state. You can check a lender’s license status by contacting the Florida Office of Financial Regulation.
  • Read reviews: Look for reviews of the lender online to see what other borrowers have to say about their experiences.
  • Ask for recommendations: If you know someone who has taken out a payday loan in the past, ask them for recommendations.

TheGuaranteedLoans: Connecting You with Lenders

If you are having trouble finding a reputable lender on your own, TheGuaranteedLoans can help. We are a connector service that works with a network of trusted lenders in Telogia, Florida, and across the country. Our online application process is fast and easy, and we will work to connect you with a lender who can meet your needs.

It is important to understand that TheGuaranteedLoans is not a direct lender. Instead, we facilitate connections between borrowers and potential lenders. Once you are connected with a lender, be sure to carefully review the loan terms and make sure you understand all fees and charges before accepting the loan.

Interesting Facts and Statistics about Payday Loans in Telogia, Florida

  • Payday loans have an average APR in Florida of 304%. (Source: Florida Office of Financial Regulation)
  • In 2020, Floridians took out more than 7.6 million payday loans, totaling nearly $3.1 billion. (Source: Florida Office of Financial Regulation)
  • The average borrower in Florida takes out six payday loans per year. (Source: Pew Charitable Trusts)
  • More than 80% of payday loans in Florida are re-borrowed within 14 days. (Source: Pew Charitable Trusts)

Apply Now

If you are in need of a payday loan in Telogia, Florida, TheGuaranteedLoans can help. To get started, simply fill out our online application form. We will work to connect you with a reputable lender who can meet your needs. Remember, it is important to carefully consider the risks involved before taking out a payday loan. Only borrow what you can afford to repay, and make sure you understand all fees and charges associated with the loan.

F.A.Q.

Can payday lenders garnish my wages in Telogia, Florida?

Yes, if you default on your payday loan in Telogia, Florida, the lender may be able to garnish your wages to recover the unpaid loan amount. However, there are limits on the amount that can be garnished, and the lender must first obtain a court order.

Can payday lenders take legal action against me in Telogia, Florida?

Yes, if you default on your payday loan in Telogia, Florida, the lender may be able to take legal action against you to recover the unpaid loan amount. This could include filing a lawsuit against you or obtaining a judgment against you.