Payday Loans in Urbana, Indiana

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 Urbana, IN. Consider companies in other cities:

Company nameAddressZip codePhone number
Cashland 2635 Charlestown Rd, New Albany, IN 47150 +1 (812) 981 - 0854
Mariner Finance 1716 E Main St, Plainfield, IN 46168 +1 (317) 837 - 7781
First Merchants Bank 1010 North, Samuel Moore Pkwy, Mooresville, IN 46158 +1 (317) 834 - 4100
Check n Go 3350 N High School Rd Ste H, Indianapolis, IN 46224 +1 (317) 290 - 1515
Check Into Cash 423 81st Ave, Merrillville, IN 46410 +1 (219) 756 - 0922
Chase Bank 4400 E Main St, Richmond, IN 47374 +1 (765) 935 - 3803
Ale Luna Fairway Independent Mortgage Corporation Loan Officer 10194 Crosspoint Boulevard, Two Concourse, Suite 100, Fishers, IN 46256 +1 (317) 588 - 1236
Advance America 930 E Ireland Rd, South Bend, IN 46614 +1 (574) 291 - 3287
PNC Bank 2020 N Jefferson St, Huntington, IN 46750 +1 (260) 358 - 5625
Hoosier Hills Credit Union 8487 W College St, French Lick, IN 47432 +1 (812) 936 - 7800

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Urbana, IN, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Gary, IN, Payday Loans in Goshen, IN, Payday Loans in Granger, IN, Same Day Loans in Greenwood, IN, 24-Hour Loan in Guilford, IN, Payday Loans in Hammond, IN, Same Day Loans in Indianapolis, IN and Payday Loans in Jeffersonville, IN. 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 Urbana, IN.

Beautiful sights of Urbana, IN

Are Payday Loans Legal In Urbana, Indiana?

Loan Rates and Fees, Laws and Regulations in Indiana.

Indiana Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)382
Maximum Loan Amount$550
Minimum Loan Term14 days
Maximum Loan TermNot Specified
Number of Rollovers Allowed0
Finance Charges<$250 = 15% $250 - $400 = 13% $400 - $500 = 10%

Urbana, IN payday loan calculator

What Are Payday Loans in Urbana Indiana?

If you’re in a bind and you need quick cash, it may seem like payday loans are the only option to get you out of trouble. In Urbana, Indiana, payday loans are legal, which means they are a viable option for residents of the area.

Payday loans are intended to be a short-term solution to financial difficulties, and they are typically used for expenses such as rent, utilities, or medical bills. Unlike traditional loans, payday loans can be approved quickly and do not require a credit check. Instead, lenders will verify the employment and income of the borrower before approving the loan.

How Do Payday Loans Work in Urbana Indiana?

The process of applying for a payday loan in Urbana, Indiana is relatively straightforward. Applicants must be at least 18 years of age, have a valid government-issued ID, and be able to provide proof of income and an active checking account. Once approved, the borrower must write a post-dated check or authorize an electronic debit of the loan amount plus fees on their next payday.

The amount of money that can be borrowed for a payday loan in Urbana, Indiana is capped at $550, and the loan term must not exceed 2 weeks. Fees for payday loans cannot exceed 15% of the loan amount, and lenders are required to disclose the total cost of the loan in writing, including all fees and interest.

The Pros and Cons of Payday Loans in Urbana Indiana

  • Pros: Payday loans are a quick and easy way to get cash in an emergency situation. They don’t require a credit check, so even people with bad credit can qualify.
  • Cons: Payday loans are associated with high fees and interest rates, making them an expensive way to borrow money. Additionally, if you can’t afford to repay the loan on time, you may end up in a cycle of debt.

Interesting Statistics and Facts About Payday Loans in Urbana Indiana

  • Fact: In 2019, Indiana consumers took out 1.34 million payday loans, totaling over $500 million in borrowing.
  • Fact: The average interest rate on a payday loan in Indiana is 391%, which is one of the highest rates in the country.
  • Fact: According to a survey conducted by Pew Charitable Trusts, the average payday loan borrower in Indiana takes out 9 loans per year, with an average loan size of $350.

Apply Now for a Payday Loan in Urbana, Indiana

If you need cash quickly and a payday loan seems like the best option for you, TheGuaranteedLoans is here to help. As a connector service, we work with a network of trusted lenders who may be able to provide you with the cash you need. To get started, fill out our simple online application form and we will connect you with potential lenders. Remember, payday loans should only be used as a last resort, and you should be sure you can afford to repay the loan before you borrow.

F.A.Q.

Can a payday lender in Urbana, Indiana garnish my wages if I am unable to repay the loan?

Yes, if you are unable to repay your payday loan in Urbana, Indiana and the lender obtains a judgment against you, they may be able to garnish your wages to recover the funds. It is important to communicate with the lender and try to work out a repayment plan to avoid this outcome.

Is it possible to consolidate multiple payday loans in Urbana, Indiana into one loan?

Yes, it may be possible to consolidate multiple payday loans in Urbana, Indiana into one loan with a lower interest rate and more manageable repayment schedule. This can be done through a debt consolidation program or by refinancing the loans with a personal loan from a bank or credit union.