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

Company nameAddressZip codePhone number
U.S. Bank Branch 724 Story St, Boone, IA 50036 +1 (515) 432 - 7611
First Community Bank 118 W Main St, Pomeroy, IA 50575 +1 (712) 468 - 2262
CUSB Bank - Charles City 1407 S Grand Ave, Charles City, IA 50616 +1 (641) 228 - 2550
Great Southern Bank 2102 Spruce Hills Dr, Bettendorf, IA 52722 +1 (563) 344 - 8960
Great Western Bank 111 N Main St, Leon, IA 50144 +1 (641) 446 - 4841
MidWestOne Bank 112 N Main St, Sigourney, IA 52591 +1 (641) 622 - 2381
Pocahontas Title Company LLC 311 N Main St, Pocahontas, IA 50574 +1 (712) 335 - 4800
Check `n Go 3424 Merle Hay Rd, Des Moines, IA 50310 +1 (515) 334 - 0044
Leighton State Bank 900 Washington St, Pella, IA 50219 +1 (641) 628 - 1566
MEMBERS1st Community Credit Union 604 Edgington Ave, Eldora, IA 50627 +1 (800) 245 - 6199

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Sherrill, IA, you can try to find different companies in big cities near by. Check out the following pages here: Guaranteed Loans in Sioux City, IA, Payday Loans in Urbandale, IA, Payday Loans in Waterloo, IA, Same Day Loans in West Des Moines, IA, 24-Hour Loan in Ames, IA, Same Day Loans in Ankeny, IA, 24-Hour Loan in Bettendorf, IA and Payday Loan Companies in Cedar Falls, 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 Sherrill, IA.

Beautiful sights of Sherrill, IA

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

52073

Are Payday Loans Legal In Sherrill, 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

Sherrill, IA payday loan calculator

The Ins and Outs of Payday Loans in Sherrill, Iowa

When you are dealing with a financial emergency, a payday loan may seem like a quick and easy solution. In Sherrill, Iowa, payday loans are legal and can provide a fast way to get cash when you need it. However, it’s important to understand the pros and cons of payday loans, as well as the regulations surrounding them. Here is everything you need to know about payday loans in Sherrill, Iowa.

What is a Payday Loan?

A payday loan is a short-term loan that usually must be paid back within a few weeks, or by your next payday. These loans are typically for small amounts, ranging from $100 to $1,000, and have high interest rates and fees. Payday loans are often used by people who need access to quick cash but do not have good credit or access to other types of credit.

The Pros of Payday Loans

  • Convenience: Payday loans are fast and easy to obtain. You can usually apply online or in-store and receive your funds within one business day.
  • No credit check: Unlike other types of loans, payday lenders often do not require a credit check. This can make it easier for people with poor credit to be approved for a loan.
  • Few requirements: Payday loans typically have few requirements, making them accessible to many people. In Sherrill, Iowa, you must be at least 18 years old, have a valid government-issued ID, a steady source of income, and an open and active checking account.

The Cons of Payday Loans

  • High fees and interest rates: Payday loans have high fees and interest rates that can add up quickly. In Iowa, payday lenders can charge up to $15 for every $100 borrowed and up to 433% APR.
  • Short repayment terms: The short repayment terms of payday loans can make it difficult for borrowers to pay back the loan in full by their next payday. This can lead to a cycle of debt that is hard to escape.

The Regulation of Payday Loans in Iowa

Payday loans are legal in Iowa but are subject to strict regulations. Here are some of the rules that lenders must follow:

  • Borrowing Limits: In Iowa, borrowers can only take out up to $500 in payday loans at one time.
  • Repayment Terms: Payday loans in Iowa must be repaid within 31 days.
  • Cooling-off Period: If a borrower takes out three consecutive payday loans, they must wait at least a week before taking out another loan.
  • Database: Iowa payday lenders must report loan information to a state database to ensure that borrowers do not take out more than allowed by law.

Interesting Facts and Statistics

  • According to the Iowa Division of Banking, there were 227 payday loan locations in Iowa in 2020.
  • In Sherrill, Iowa, the poverty rate is 8.6%, which is below the national average of 10.5%.
  • A survey by the Federal Reserve Bank of New York found that in 2019, about 28% of adults in the United States reported that they would not be able to pay an unexpected $400 expense without borrowing or selling something.

Apply Now

If you are in need of a payday loan in Sherrill, Iowa, TheGuaranteedLoans can help connect you with a lender. Our online application process is fast, secure, and easy to complete. Keep in mind that we are not a direct lender, but rather a connector service that will facilitate your connection with potential lenders. To get started on your loan application, simply fill out our online form and wait for a lender to contact you with more information.

Conclusion

Payday loans can be a good option for people who need access to quick cash in Sherrill, Iowa. However, it’s important to understand the regulations and risks associated with these types of loans. Be sure to explore all of your options before taking out a payday loan, and remember that TheGuaranteedLoans is here to help connect you with a lender if you need it.

F.A.Q.

How much can I borrow with a payday loan in Sherrill, Iowa?

The maximum amount that you can borrow with a payday loan in Sherrill, Iowa is $500.

What are the interest rates and fees associated with payday loans in Sherrill, Iowa?

Payday loans in Sherrill, Iowa have a maximum annual percentage rate (APR) of 36%. There may also be additional fees, such as origination fees and late payment fees.