Payday Loans in Springfield, Idaho

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 Springfield, ID. Consider companies in other cities:

Company nameAddressZip codePhone number
Ace Financial 1820 E 17th St 380, Idaho Falls, ID 83404 +1 (208) 552 - 2409
Western Union Moneytree, 690 W Quinn Rd Ste C, Pocatello, ID 83202 +1 (208) 637 - 2274
Jim Pike & Co 25 W Commercial St, Weiser, ID 83672 +1 (208) 549 - 0646
Idaho AgCredit 2883 ID-39, American Falls, ID 83211 +1 (208) 226 - 5251
Cash Flow Management 503 S Latah St, Boise, ID 83705 +1 (208) 333 - 0453
U.S. Bank Branch 101 S Main St, Payette, ID 83661 +1 (208) 642 - 9091
Quik Cash 2311 Overland Ave, Burley, ID 83318 +1 (208) 678 - 6913
Farmers Bank 1097 Blue Lakes Blvd N, Twin Falls, ID 83301 +1 (208) 734 - 7264
Canyon Financial of Jerome Inc 240 S Lincoln Ave ste a, Jerome, ID 83338 +1 (208) 324 - 1485
Quik Cash 476929 US-95, Ponderay, ID 83852 +1 (208) 263 - 1610

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Springfield, ID, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Pocatello, ID, Emergency Loan in Post Falls, ID, Payday Loans in Twin Falls, ID, Payday Loan Without a Credit Check in Boise, ID, Payday Loans in Caldwell, ID, Payday Loans in Idaho Falls, ID, Payday Loans in Lewiston, ID and Same Day Loans in Meridian, ID. 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 Springfield, ID.

Are Payday Loans Legal In Springfield, Idaho?

Loan Rates and Fees, Laws and Regulations in Idaho.

Idaho Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)652
Maximum Loan Amount$1,000 (or 25% of gross monthly income)
Minimum Loan TermNot Specified
Maximum Loan TermNot Specified
Number of Rollovers Allowed3
Finance ChargesNo Limit

Springfield, ID payday loan calculator

Payday Loans in Springfield, Idaho: What You Need to Know

When you’re facing unexpected expenses or a financial emergency, payday loans can seem like a lifesaver. They provide quick access to cash when you need it most, allowing you to cover expenses and pay bills without the stress of tight deadlines or potential late fees.

Payday loans are legal in Idaho, and many residents of Springfield have turned to these short-term loans to bridge the gap between paychecks or cover unexpected bills.

How Payday Loans Work

Payday loans are a type of short-term loan that is meant to be repaid on your next payday. They are typically issued in small amounts, ranging from $100 to $1000, and come with high interest rates and fees.

To take out a payday loan, you must provide a lender with a postdated check or authorize them to electronically withdraw the loan amount plus fees from your bank account on your next payday. If you cannot repay the loan on time, you may be subject to additional fees and charges, and your credit score could be negatively impacted.

Pros and Cons of Payday Loans

Like any financial product, payday loans have their advantages and disadvantages. Here are a few things to consider before taking out a payday loan:

  • Pros: Quick access to cash, no credit check required, can be a helpful bridge between paychecks or during a financial emergency.
  • Cons: High interest rates and fees, can lead to a cycle of debt if not repaid on time, may negatively impact your credit score, can be expensive in the long run.

Regulations in Idaho

In Idaho, payday lenders are regulated by the Idaho Department of Finance. Lenders must comply with the state’s payday lending laws, which include the following:

  • Maximum loan amount: $1000
  • Maximum loan term: 25 days
  • Maximum finance charge: $20 per $100 borrowed
  • Maximum APR: 520%

It’s important to note that while payday loans are legal in Idaho, they are heavily regulated to protect consumers from predatory lending practices. If you’re considering a payday loan, be sure to shop around for the best rates and terms, and only borrow what you can afford to repay on time.

Interesting Facts and Statistics

  • According to the Idaho Department of Finance, there were 2,430 licensed payday lenders in the state of Idaho as of 2019.
  • In 2018, the average payday loan in Idaho was $350, with an average finance charge of $48.48.
  • Black and Hispanic Americans are more likely to use payday loans than white Americans, according to a study by the Pew Charitable Trusts. The study also found that borrowers typically take out eight payday loans per year, and spend an average of $520 on interest and fees alone.

Apply Now

If you’re considering a payday loan in Springfield, Idaho, TheGuaranteedLoans can help connect you with potential lenders who can offer competitive rates and flexible repayment terms. Keep in mind that TheGuaranteedLoans is a connector service, not a direct lender, and we do not guarantee loan approval or terms.

To get started, simply fill out our online application form with basic information about yourself and your financial needs. From there, we’ll work to match you with lenders who can offer the best options for your unique situation.

Whether you’re facing unexpected expenses, a medical emergency, or just need a little extra cash to get by, TheGuaranteedLoans is here to help. Apply now and take the first step toward financial peace of mind.

F.A.Q.

Are there any restrictions on the interest rates charged on payday loans in Springfield, Idaho?

Yes, the maximum interest rate that can be charged on payday loans in Springfield, Idaho is 456% APR.

Can I be sued for not repaying a payday loan in Springfield, Idaho?

Yes, if a borrower is unable to repay their payday loan in Springfield, Idaho, the lender may pursue legal action to recover the funds. It is important for borrowers to carefully consider their ability to repay the loan before taking out a payday loan.

Look for Short-Term Loans in Other Cities: