Payday Loans in Downsville, Louisiana

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No payday loan companies in Downsville, LA. Consider companies in other cities:

Company nameAddressZip codePhone number
Cash 2 U 9625 Plank Rd Ste H, Clinton, LA 70722 +1 (225) 683 - 8069
Check Into Cash 1930 Louisville Ave, Monroe, LA 71201 +1 (318) 322 - 9110
One Way Check Advance 7521 Westbank Expy # B, Marrero, LA 70072 +1 (504) 341 - 0600
Mr. Cash 3306 LA-28, Pineville, LA 71360 +1 (318) 443 - 3809
Raymond James Financial Services 8280 YMCA Plaza Dr, Baton Rouge, LA 70810 +1 (225) 763 - 7010
ABC Cash Advance LLC 1426 E Tunnel Blvd, Houma, LA 70363 +1 (985) 853 - 0883
BancorpSouth Bank 1701 N 7th St, West Monroe, LA 71291 +1 (318) 361 - 9793
Advantage Financial Services - Gramercy 841 N Pine St, Gramercy, LA 70052 +1 (225) 869 - 8130
Acadiana Financial Services 416 N Parkerson Ave, Crowley, LA 70526 +1 (337) 783 - 5997
All-State Credit Plan, LLC 1103 St Mary St, Thibodaux, LA 70301 +1 (985) 447 - 1601

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Downsville, LA, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Kenner, LA, Payday Loan Companies in Lafayette, LA, Payday Loans in Lake Charles, LA, Payday Loans in Marrero, LA, Payday Loans in Metairie, LA, No Credit Check Loans in Monroe, LA, Payday Loans in New Iberia, LA and Payday Loans in New Orleans, LA. 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 Downsville, LA.

Payday Loans Available in Downsville, LA By The Following ZIP Codes:

71234

Are Payday Loans Legal In Downsville, Louisiana?

Loan Rates and Fees, Laws and Regulations in Louisiana.

Louisiana Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)391
Maximum Loan Amount$350
Minimum Loan TermNot Specified
Maximum Loan Term30 days
Number of Rollovers AllowedNot specified
Finance Charges16.75% of the amount advanced

Downsville, LA payday loan calculator

Payday Loans in Downsville, Louisiana: A Comprehensive Guide

Payday loans are a popular option for borrowers who need quick access to cash. These loans typically come with high interest rates and short repayment periods, making them a risky choice for some. In Downsville, Louisiana, payday loans are legal and readily available. If you’re considering taking out a payday loan in Downsville, it’s important to understand the risks and benefits of this financial product.

Understanding Payday Loans

A payday loan is a type of short-term loan that is typically due on the borrower’s next payday. These loans are designed to help borrowers cover unexpected expenses or bills when they don’t have enough cash on hand. Payday loans are often referred to as cash advances, and they typically come with high interest rates and fees.

To take out a payday loan in Downsville, borrowers must provide a valid photo ID, proof of income, and a checking account. The loan amount is typically based on the borrower’s income, and repayment is due on the borrower’s next payday. If the borrower is unable to repay the loan on time, they may be charged additional fees and interest, and the loan may be extended.

The Risks and Benefits of Payday Loans

Payday loans can be a risky financial product, especially for borrowers who are already struggling financially. These loans often come with high interest rates and fees, which can trap borrowers in a cycle of debt. If a borrower is unable to repay the loan on time, they may be charged additional fees and interest, and the loan may be extended.

Despite the risks, payday loans can be a useful financial tool for some borrowers. For example, if you have an unexpected expense that can’t wait until your next payday, a payday loan may be a quick and easy way to cover it. Additionally, if you have a poor credit score or don’t qualify for traditional forms of credit, a payday loan may be one of your only options.

Interesting Facts and Statistics about Payday Loans in Downsville, Louisiana

  • Payday loans are legal and readily available in Louisiana.
  • The average payday loan amount in Louisiana is $350.
  • The maximum term for a payday loan in Louisiana is 60 days.
  • Louisiana law prohibits lenders from charging more than 16.75% interest on payday loans.
  • In 2019, Louisiana residents took out more than 1 million payday loans.

Apply Now

If you’re considering taking out a payday loan in Downsville, Louisiana, TheGuaranteedLoans can help. We’re a connector service that can help you find potential lenders who may be able to provide you with a payday loan. To get started, simply fill out our online application form. Please note that TheGuaranteedLoans is not a direct lender and cannot guarantee loan approval.

At TheGuaranteedLoans, we understand that financial emergencies can happen at any time. That’s why we’re committed to providing our customers with fast and easy access to the cash they need.

F.A.Q.

Are there any restrictions on how payday loan funds can be used in Downsville, Louisiana?

No, there are no specific restrictions on how payday loan funds can be used in Downsville, Louisiana. Borrowers are free to use the funds as they see fit, whether it is to cover unexpected expenses, pay bills, or make purchases.

Can I apply for a payday loan if I have bankruptcy in my history in Downsville, Louisiana?

Yes, you can still apply for a payday loan in Downsville, Louisiana even if you have bankruptcy in your history. However, the lender may have stricter eligibility requirements or may require additional information in order to approve your loan.