Payday Loans in Promise City, 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 Promise City, IA. Consider companies in other cities:

Company nameAddressZip codePhone number
TDT CPAs and Advisors, P.C. 2109 W Jefferson Ave, Fairfield, IA 52556 +1 (641) 472 - 6171
Check Into Cash 905 4th Ave S, Denison, IA 51442 +1 (712) 263 - 8733
Mister Money USA 1417 4th St SW, Mason City, IA 50401 +1 (641) 423 - 3525
EZ Money Check Cashing 700 La Porte Rd, Waterloo, IA 50702 +1 (319) 226 - 6185
BANK - Burlington Branch 1403 S Roosevelt Ave, Burlington, IA 52601 +1 (319) 753 - 2265
Jackson Hewitt Tax Service 2203 A Ave W, Oskaloosa, IA 52577 +1 (641) 672 - 7528
Clear Lake Bank & Trust 322 Main Ave, Clear Lake, IA 50428 +1 (641) 357 - 7121
North Star Community Credit Union 1167, 216 Moorehead Ave, Ida Grove, IA 51445 +1 (712) 364 - 3000
MidWestOne Bank 1906 Keokuk St, Iowa City, IA 52240 +1 (319) 356 - 5800
CENT Credit Union 25 W State St, Mason City, IA 50401 +1 (641) 424 - 2368

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Promise City, IA, you can try to find different companies in big cities near by. Check out the following pages here: Same Day Loans in Cedar Falls, IA, Payday Loans in Cedar Rapids, IA, Guaranteed Loans in Council Bluffs, IA, Payday Loans in Davenport, IA, Payday Loans in Des Moines, IA, Payday Loans in Dubuque, IA, Payday Loans in Iowa City, IA and Payday Loans in Marion, 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 Promise City, IA.

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

52583

Are Payday Loans Legal In Promise City, 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

Promise City, IA payday loan calculator

Payday Loans in Promise City, Iowa: Understanding the Basics

If you find yourself in a tight financial spot, you’re not alone. Many people turn to payday loans to help them make ends meet. And if you live in Promise City, Iowa, you’re in luck – payday loans are legal in Iowa.

However, before you apply for a payday loan, it’s important to understand exactly what you’re getting into. In this article, we’ll explain what payday loans are, how they work, and what you need to consider before applying.

What Are Payday Loans?

A payday loan is a type of short-term loan that’s typically due on your next payday. These loans are designed to provide quick cash to those who need it. In general, payday loans have a higher interest rate than traditional loans, making them a more expensive form of borrowing.

Payday loans are typically available in small amounts, ranging from $100 to $1,000. The amount you can borrow may be limited by your income, credit score, and other factors.

How Do Payday Loans Work?

Here’s an example of how a payday loan might work:

  • You need $500 to cover an unexpected expense.
  • You apply for a payday loan online or in-person.
  • You provide proof of income, such as a pay stub or bank statement.
  • If approved, you receive $500 in cash or deposited into your bank account.
  • The loan is due on your next payday, typically in two weeks.
  • You repay the loan plus interest and fees.

It’s important to understand that payday loans can come with high fees and interest rates. In some cases, the interest rate can be as high as 400%! This means that if you borrow $500, you may end up paying back $600 or more.

What to Consider Before Applying for a Payday Loan

Before you apply for a payday loan, there are several things you should consider:

  • Can you afford to repay the loan on your next payday?
  • What are the fees and interest rates associated with the loan?
  • Do you have other options besides a payday loan?
  • What are the consequences if you don’t repay the loan on time?

Keep in mind that payday loans are a short-term solution, and they can quickly become an expensive cycle of debt if you’re not careful.

Facts and Statistics About Payday Loans in Promise City, Iowa

  • Iowa has some of the most borrower-friendly payday lending laws in the country.
  • The average fee for a $100 payday loan in Iowa is $15.17.
  • In 2016, there were over 580,000 payday loans issued in Iowa, totaling over $220 million.
  • The average payday loan borrower in Iowa takes out 8 loans per year.
  • Payday loan stores outnumber McDonald’s restaurants in Iowa.

These statistics highlight the prevalence of payday lending in Iowa and the importance of understanding the risks and costs associated with these loans.

Apply Now to Connect with Lenders

If you’ve considered all your options and still decide to apply for a payday loan, TheGuaranteedLoans can help. We’re a connector service that works with a network of lenders across the country. Simply fill out our online application, and we’ll match you with potential lenders who may be able to offer you a loan.

It’s important to note that TheGuaranteedLoans is not a direct lender. Instead, we’ll connect you with potential lenders based on the information you provide in your application. We’ll never charge you for our services, and you’re under no obligation to accept any loan offer.

At TheGuaranteedLoans, we believe in providing our customers with accurate and transparent information. We hope this article has helped you understand payday loans in Promise City, Iowa, and what you need to consider before applying.

Apply now to connect with lenders and see if you qualify for a payday loan in Promise City, Iowa. (Note: TheGuaranteedLoans does not guarantee loan approval or funding.)

F.A.Q.

What is a payday loan in Promise City, 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 Promise City, Iowa?

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