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

Company nameAddressZip codePhone number
Advance America 2480 E Euclid Ave, Des Moines, IA 50317 +1 (515) 265 - 7100
MEMBERS1st Community Credit Union 1815 Washington Ave, Iowa Falls, IA 50126 +1 (800) 245 - 6199
First State Bank 502 2nd St, Battle Creek, IA 51006 +1 (712) 365 - 4341
South Ottumwa Savings Bank 101 Main St, Hedrick, IA 52563 +1 (641) 653 - 4422
Hometown Cash Advance 606 S Federal Ave Suite 1, Mason City, IA 50401 +1 (641) 424 - 2222
Western Union Hy-vee Food Store, 819 Grand Ave, Spencer, IA 51301 +1 (712) 262 - 2443
Mc Entee Robert J CPA 114 S Main St, Stockport, IA 52651 +1 (319) 796 - 4444
State Bank & Trust Co 1025 6th St, Nevada, IA 50201 +1 (515) 382 - 2191
Community 1st Credit Union 1008 W Bell Ave 103 Suite 103, Knoxville, IA 50138 +1 (641) 828 - 6775
Financial Services Group 217 W Welsh St, Williamsburg, IA 52361 +1 (319) 668 - 1270

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Menlo, IA, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in West Des Moines, IA, Payday Loans in Ames, IA, No Credit Check Loans in Ankeny, IA, Emergency Loan in Bettendorf, IA, Payday Loans in Cedar Falls, IA, Bad Credit Loans in Cedar Rapids, IA, Payday Loans in Council Bluffs, IA and Payday Loan for Davenport, 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 Menlo, IA.

Beautiful sights of Menlo, IA

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

50164

Are Payday Loans Legal In Menlo, 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

Menlo, IA payday loan calculator

Payday Loans in Menlo, Iowa: All You Need to Know

Payday loans are a type of short-term loan that carry high-interest rates and fees. While payday loans can be helpful in certain situations, they are not a long-term financial solution. If you are in need of a payday loan in Menlo, Iowa, it’s important to understand the regulations surrounding them and choose a lender that is reputable and honest.

What Are Payday Loans?

Payday loans are short-term loans that are typically due on the borrower’s next payday. These loans are designed to help people cover unexpected expenses or bills that arise before their next paycheck. They can be taken out in smaller amounts, typically ranging from $100 to $1000, and are usually due within 14 to 30 days.

Payday loans carry high interest rates and fees, sometimes costing borrowers up to 400% interest on an annualized basis. Because of this, payday loans should only be used in emergencies and when all other options have been exhausted.

Payday Loan Regulations in Iowa

Payday loans are legal in Iowa, but there are regulations in place to protect borrowers from predatory lending practices. The maximum payday loan amount in Iowa is $500, and the loan term cannot exceed 31 days.

Lenders are also required to limit the fees and interest rates associated with payday loans. The maximum finance charge in Iowa is $15 for every $100 borrowed, and the annual percentage rate (APR) cannot exceed 433%.

It’s important to note that Iowa also has a cooling-off period in place for payday loans. This means that borrowers must wait at least one day after paying off a loan before they can take out another one.

Choosing a Payday Loan Lender in Menlo, Iowa

When choosing a payday loan lender in Menlo, Iowa, it’s important to do your research and choose a reputable and honest lender. Here are some things to consider when choosing a lender:

  • Check the lender’s reputation and reviews online
  • Ensure the lender is licensed to operate in Iowa
  • Ask about their fees and interest rates
  • Read the loan agreement carefully before signing

Remember, payday loans carry high interest rates and fees, so it’s important to only borrow what you need and pay it back as soon as possible to avoid accruing additional charges.

Interesting Facts and Statistics about Payday Loans in Menlo, Iowa

  • According to a 2019 report from the Iowa Attorney General’s Office, the average payday loan in Iowa is $341, and borrowers pay an average APR of 273%.
  • In 2019, Iowa borrowers took out 539,000 payday loans, totaling $220 million in loans.
  • The Iowa payday loan industry has grown by 20% since 2017.

Apply Now

If you are in need of a payday loan in Menlo, Iowa, TheGuaranteedLoans can help connect you with potential lenders. Fill out our online application now and get matched with lenders who can meet your needs. Please note that TheGuaranteedLoans is a connector service, not a direct lender, and that we do not make credit decisions or approve loans.

Remember, payday loans should only be used in emergencies and when all other options have been exhausted. Choose a reputable lender, borrow only what you need, and pay it back as soon as possible to avoid additional fees and charges.

F.A.Q.

Can a payday loan lender in Menlo, Iowa charge a fee for a bounced check or declined automatic payment?

Yes, a payday loan lender in Menlo, Iowa can charge a fee for a bounced check or declined automatic payment. The exact fee will vary by lender, so it is important for borrowers to carefully read and understand their loan agreement before signing.

Can a borrower in Menlo, Iowa be charged a fee for extending or renewing a payday loan?

Yes, a borrower in Menlo, Iowa can be charged a fee for extending or renewing a payday loan. The exact fee will vary by lender, so it is important for borrowers to carefully read and understand their loan agreement before signing.