Payday Loans in Collins, Iowa

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 Collins, IA. Consider companies in other cities:

Company nameAddressZip codePhone number
United Bank of Iowa 210 Front Ave, Pocahontas, IA 50574 +1 (712) 335 - 4277
TruBank 1401 N Jefferson Way, Indianola, IA 50125 +1 (515) 961 - 5880
Shane Cooney - Raymond James 103 E State St, Mason City, IA 50401 +1 (641) 423 - 0801
Availa Bank 130 N 29th St, Fort Dodge, IA 50501 +1 (515) 955 - 2265
Greg Driskell - Raymond James 801 W Taylor St, Creston, IA 50801 +1 (641) 782 - 2377
Guthrie County Abstract Co 110 N 4th St, Guthrie Center, IA 50115 +1 (641) 332 - 2339
Advance America 2600 Dodge St c, Dubuque, IA 52003 +1 (563) 582 - 0625
Western Union 2400 2nd Ave, Muscatine, IA 52761 +1 (563) 264 - 2420
First Citizens Bank 300 N Main St, Charles City, IA 50616 +1 (641) 228 - 5315
First Security State Bank 3600 Lafayette Rd, Evansdale, IA 50707 +1 (319) 235 - 6731

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Collins, IA, you can try to find different companies in big cities near by. Check out the following pages here: No Credit Check Loans in Cedar Rapids, IA, Payday Loans in Council Bluffs, IA, Bad Credit Loans in Davenport, IA, Short-term Loans in Des Moines, IA, Quick Loan in Dubuque, IA, Payday Loans in Iowa City, IA, Guaranteed Loans in Marion, IA and Online Loans in Sioux City, IA. 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 Collins, IA.

Beautiful sights of Collins, IA

Payday Loans Available in Collins, IA By The Following ZIP Codes:

50055

Are Payday Loans Legal In Collins, Iowa?

Loan Rates and Fees, Laws and Regulations in Iowa.

Iowa Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)337
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges$15 on the first $100 + >$10 on subsequent $100

Collins, IA payday loan calculator

Understanding Payday Loans in Collins, Iowa

Payday loans are a type of short-term loan that you can get to help you out when you are in a financial bind. The loans are meant to be used for emergencies, such as unexpected car repairs or medical expenses. In Collins, Iowa, payday loans are legal, and there are many lenders that offer this type of loan. However, before you decide to take out a payday loan, it’s important to understand the terms and conditions of the loan.

How a Payday Loan Works

A payday loan is typically a small loan that you borrow for a short period, typically two weeks or until your next payday. The amount you can borrow varies depending on the lender and your income level. In Iowa, the maximum amount you can borrow is $500.

When you take out a payday loan, you will be required to provide the lender with proof of income and a postdated check. This check is for the amount of the loan plus interest and fees. The lender will hold onto the check until the loan is due. If you are unable to repay the loan on time, the lender can cash the check.

The Pros and Cons of Payday Loans

Payday loans have both pros and cons. On one hand, they can provide you with quick access to cash when you need it most. They are also easy to obtain, as many lenders do not require a credit check. However, payday loans typically have very high interest rates and fees, which can make them very expensive in the long run. Additionally, if you are unable to repay the loan on time, you may be subject to additional fees and charges.

What to Consider Before Taking Out a Payday Loan

Before you decide to take out a payday loan, it’s important to consider your options. If you have good credit, you may be able to qualify for a traditional personal loan at a lower interest rate. Additionally, you may be able to negotiate a payment plan with your creditors if you are struggling to pay your bills.

If you do decide to take out a payday loan, be sure to read the terms and conditions of the loan carefully. Look for hidden fees and charges, and make sure you understand what will happen if you are unable to repay the loan on time. Additionally, be sure to only borrow what you can afford to repay, as payday loans are meant to be a short-term solution, not a long-term financial solution.

Interesting Facts and Statistics about Payday Loans in Collins, Iowa

  • According to a report by the Iowa Division of Banking, there were 306 licensed payday lenders in the state in 2019.
  • The average APR for a payday loan in Iowa is 289%.
  • As of 2019, payday lenders in Iowa had made over 760,000 loans, with a total loan volume of over $307 million.
  • The Iowa Division of Banking has a consumer hotline that you can call if you have questions about payday loans or other financial issues. The number is 1-877-272-5465.

Apply Now

If you need a payday loan in Collins, Iowa, theguaranteedloans.com can help. We are not a direct lender, but we are a connector service that can help you find potential lenders who may be able to help. To get started, simply fill out our online application, and we will match you with lenders who may be able to assist you. Remember, only borrow what you can afford to repay, and make sure you understand the terms and conditions of the loan.

F.A.Q.

Can I have more than one payday loan at a time in Collins, Iowa?

Yes, you can have more than one payday loan at a time in Collins, Iowa. However, the total amount borrowed cannot exceed $500.

Can I be sued or have my wages garnished if I default on a payday loan in Collins, Iowa?

Yes, if you default on a payday loan in Collins, Iowa, the lender may take legal action against you, including suing you or garnishing your wages.