Payday Loans in Elgin, 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 Elgin, IA. Consider companies in other cities:

Company nameAddressZip codePhone number
Advance America 1821 22nd St #104, West Des Moines, IA 50266 +1 (515) 440 - 3016
Walmart Money Center 300 Iowa Speedway Dr, Newton, IA 50208 +1 (641) 791 - 5322
Rabo AgriFinance 426 S 17th St, Ames, IA 50010 +1 (855) 420 - 7192
Peoples Bank 401 Main St, Guthrie Center, IA 50115 +1 (641) 747 - 3100
EZPAWN 1344 1st Ave NE, Cedar Rapids, IA 52402 +1 (319) 286 - 8108
Wells Fargo Bank 231 W 2nd St, Ottumwa, IA 52501 +1 (641) 683 - 8100
Farmers Savings Bank, Fostoria, IA 10 Hwy Ave NW, Fostoria, IA 51340 +1 (712) 262 - 2708
Grinnell State Bank 1101 Court Ave, Marengo, IA 52301 +1 (319) 642 - 5511
Peoples Bank Lacona 113 E Main St, Lacona, IA 50139 +1 (641) 534 - 3111
Check Into Cash 1414 48th St Suite 3, Fort Madison, IA 52627 +1 (319) 372 - 1120

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Elgin, IA, you can try to find different companies in big cities near by. Check out the following pages here: Bad Credit Loans in Marion, IA, Emergency Loan in Sioux City, IA, Payday Loan for Urbandale, IA, Payday Loans in Waterloo, IA, Online Loans in West Des Moines, IA, Payday Loans in Ames, IA, Payday Loans in Ankeny, IA and Payday Loans in Bettendorf, 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 Elgin, IA.

Beautiful sights of Elgin, IA

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

52141

Are Payday Loans Legal In Elgin, 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

Elgin, IA payday loan calculator

Payday loans are popular in Iowa, providing a quick fix for those who need emergency cash. These short-term loans are the solution for people with low credit scores or who don’t want to go through the lengthy application process of traditional bank loans. Elgin, Iowa residents can easily access payday loans with TheGuaranteedLoans service.

What are Payday Loans?

Payday loans are short-term, high-interest loans. They are usually for amounts ranging from $500 to $1000 and are repaid within a few weeks. The loan is based on the borrower’s income, so no credit check or collateral is required.

The fees for payday loans are higher than traditional loans, with interest rates ranging from 15% to 30%. This makes them a more expensive option in the long run, but a preferable one for emergencies.

Eligibility for Payday Loans in Elgin, Iowa

To be considered eligible for a payday loan in Elgin, Iowa, the borrower must meet the following requirements:

  • The borrower must be 18 years of age or older.
  • The borrower must have a valid ID.
  • The borrower must have a checking account in good standing.
  • The borrower must have proof of income.

The Application Process for Payday Loans in Elgin, Iowa

The application process for payday loans is relatively simple and straightforward. You can apply for a payday loan through TheGuaranteedLoans online platform, which connects you with hundreds of potential lenders.

To apply, you’ll need to have the necessary information on hand, including your name, address, social security number, and proof of income. You’ll also need to provide your bank account information, as lenders deposit funds directly into your account.

Interesting Facts and Statistics about Payday Loans in Elgin, Iowa

  • As of 2020, the number of payday lending storefronts in Iowa was 217.
  • Iowa state law permits payday loans up to a maximum of $500, with a term of no longer than 31 days.
  • Iowa has made changes in the industry, including requiring an ability-to-pay determination before approving a loan and a cap on the amount of debt a borrower can take at once.

Apply Now for a Payday Loan in Elgin, Iowa

If you’re feeling the financial crunch and require emergency cash, TheGuaranteedLoans service can help connect you with potential payday lenders in Elgin, Iowa. Fill out the simple online application and wait for a lender to contact you directly. Keep in mind that TheGuaranteedLoans is not a direct lender, but rather a connector service that connects borrowers with potential lenders.

Once you’ve been matched with a lender, read the loan terms carefully, including the fees and interest rate. If you agree to the terms, sign the loan agreement and receive the money you need. Pay on time to avoid late fees and additional interest.

Final Thoughts on Payday Loans in Elgin, Iowa

Payday loans can be a lifesaver in emergencies, but they should only be used when absolutely necessary, due to their higher cost. Before taking out a payday loan, consider all alternatives such as borrowing from family and friends or negotiating with creditors. If you decide to pursue a payday loan, TheGuaranteedLoans is here to help connect you with potential lenders in Elgin, Iowa.

F.A.Q.

What is a payday loan in Elgin, Iowa?

A payday loan is a short-term, high-interest loan that is intended to be repaid on the borrower's next payday.

How do I qualify for a payday loan in Elgin, Iowa?

To qualify for a payday loan in Elgin, Iowa, you must be at least 18 years old, have a regular source of income, and have an active checking account.