Payday Loans in New Market, 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 New Market, IA. Consider companies in other cities:

Company nameAddressZip codePhone number
Farm Credit Services of America 203 W Merle Hibbs Blvd, Marshalltown, IA 50158 +1 (641) 753 - 3393
Fritz Accounting 1620 Spray St, Burlington, IA 52601 +1 (319) 752 - 1112
Green Belt Bank & Trust 1509 Edgington Ave, Eldora, IA 50627 +1 (641) 858 - 2005
Lincoln Savings Bank 932 Parriott St, Aplington, IA 50604 +1 (319) 347 - 2305
Farmers State Bank 175 Center Point Rd, Hiawatha, IA 52233 +1 (319) 377 - 4891
U.S. Bank Branch 724 Story St, Boone, IA 50036 +1 (515) 432 - 7611
MEMBERS1st Community Credit Union 1815 Washington Ave, Iowa Falls, IA 50126 +1 (800) 245 - 6199
EZ Money Check Cashing 323 Edgewood Rd NW, Cedar Rapids, IA 52405 +1 (319) 396 - 3520
Wells Fargo Home Mortgage 10 N Washington Ave, Mason City, IA 50401 +1 (641) 421 - 4040
Walmart Money Center 4200 Dodge St, Dubuque, IA 52003

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in New Market, IA, you can try to find different companies in big cities near by. Check out the following pages here: 24-Hour Loan in Dubuque, IA, Payday Loans in Iowa City, IA, Online Loans in Marion, IA, Payday Loans in Sioux City, IA, 24-Hour Loan in Urbandale, IA, Payday Loans in Waterloo, IA, Short-term Loans in West Des Moines, IA and Payday Loans in Ames, 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 New Market, IA.

Beautiful sights of New Market, IA

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

51646

Are Payday Loans Legal In New Market, 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

New Market, IA payday loan calculator

Payday Loans in New Market, Iowa: Everything You Need to Know

Payday loans are a common type of short-term loan sought by millions of Americans to cover financial emergencies and unexpected expenses. In Iowa, payday loans are legal, and residents of New Market have access to various lending options. If you’re considering getting a payday loan in New Market, Iowa, here’s everything you need to know about these loans.

What are Payday Loans?

Payday loans are short-term loans that borrowers can get by writing a postdated check or giving the lender access to their bank account. These loans are often marketed to people who need quick cash but have poor credit scores or limited access to traditional loans. Payday loans typically have high-interest rates, and borrowers are expected to repay the loans in a lump sum on their next payday.

How do Payday Loans Work in New Market, Iowa?

In New Market, Iowa, payday loans are legal and regulated by state laws. The Iowa Division of Banking oversees and licenses payday lenders in the state to ensure they operate within the boundaries of the Iowa Credit Code. According to Iowa law, payday lenders can issue loans of up to $500, and borrowers are allowed to have only one loan at a time. The loan term should be between 31 and 42 days, and lenders can charge up to $15 for every $100 borrowed.

Pros and Cons of Payday Loans

Payday loans can be a lifesaver for people with limited access to traditional loans, but they also come with several disadvantages. Here’s a quick rundown of the advantages and disadvantages of these loans:

Advantages:

  • Quick and easy access to cash
  • No collateral required
  • No credit check required
  • Can help improve credit score if paid on time

Disadvantages:

  • High-interest rates
  • Short repayment terms
  • May lead to cycle of debt if not paid on time
  • Not a long-term solution for financial problems

Interesting Statistics About Payday Loans in New Market, Iowa

  • According to the Consumer Financial Protection Bureau, the average payday loan amount in Iowa is $341.
  • The Iowa Division of Banking reported that 113,678 payday loans were issued in Iowa in 2020, with a total loan volume of $41.7 million.
  • New Market, Iowa, has several licensed payday loan lenders, providing residents with various lending options.

Applying for a Payday Loan in New Market, Iowa

Applying for a payday loan in New Market, Iowa, is a relatively simple process. Most payday lenders in the state require applicants to be at least 18 years old, have an active checking account, and a steady source of income. If you meet these requirements, you can apply for a loan online or visit a lender’s store in person.

If you’re considering getting a payday loan in New Market, Iowa, TheGuaranteedLoans can help you find lenders offering these loans. We are a connector service, not a direct lender, and we facilitate your connection with potential lenders. To apply for a payday loan on our website, fill out a simple online application form, and we’ll match you with a lender that fits your needs.

Conclusion

Payday loans can provide quick and easy access to cash, but they also come with high-interest rates and short repayment terms. If you’re considering getting a payday loan in New Market, Iowa, make sure you understand the terms and conditions of the loan before proceeding. Remember, payday loans are a short-term solution to financial problems and should not be used as a long-term financial plan.

If you’re ready to apply for a payday loan in New Market, Iowa, click the “Apply Now” button below to get started. Remember, TheGuaranteedLoans is your trusted source for payday loans in Iowa.

Note: TheGuaranteedLoans is not a lender and does not provide loans, but a connector service that strives to connect you with a suitable lender. We cannot guarantee loan approval or the loan amount, the costs, or terms of your loan. Lenders are responsible for conducting credit checks, verifying borrower qualifications, and determining loan terms.

F.A.Q.

What are the consequences of taking out multiple payday loans in New Market, Iowa?

Taking out multiple payday loans in New Market, Iowa can be financially risky and lead to a cycle of debt. If you are unable to repay your loans on time, the fees and interest can quickly add up, making it difficult to break the cycle.

Can I be sued for not paying back a payday loan in New Market, Iowa?

Yes, you can be sued for not paying back a payday loan in New Market, Iowa. If you default on your loan, the lender may file a lawsuit against you to recover the outstanding debt.