Payday Loans in Elm Grove, Louisiana

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

Company nameAddressZip codePhone number
Raymond James Financial Services 8280 YMCA Plaza Dr, Baton Rouge, LA 70810 +1 (225) 763 - 7010
Regions Bank 28526 LA-23, Port Sulphur, LA 70083 +1 (504) 605 - 6730
ABC Finance of Many 605 N Capitol St, Many, LA 71449 +1 (318) 256 - 2500
Monroe Telco Federal Credit Union 2899 Sterlington Rd 1, Monroe, LA 71203 +1 (318) 388 - 4242
Liberty Finance Co 154 Golden Rod Rd, Mansura, LA 71350 +1 (318) 253 - 0047
Homer Loans & Insurance Inc 413 N Main St, Homer, LA 71040 +1 (318) 927 - 0039
Pelican Finance Corporation 3433 Ryan St, Lake Charles, LA 70605 +1 (337) 478 - 5626
Cash 2 U 408 S Adams Ave, Rayne, LA 70578 +1 (337) 334 - 0307
Thrifty Loans LLC 1288 N Market St, Shreveport, LA 71107 +1 (318) 221 - 1199
Cash Cow 200 W Admiral Doyle Dr, New Iberia, LA 70560 +1 (337) 364 - 6197

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Elm Grove, LA, you can try to find different companies in big cities near by. Check out the following pages here: No Credit Check Loans in Marrero, LA, Payday Loans in Metairie, LA, Bad Credit Loans in Monroe, LA, Payday Loans in New Iberia, LA, Guaranteed Loans in New Orleans, LA, Online Loans in Prairieville, LA, Payday Loans in Shreveport, LA and Payday Loans in Baton Rouge, 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 Elm Grove, LA.

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

71051

Are Payday Loans Legal In Elm Grove, 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

Elm Grove, LA payday loan calculator

Payday Loans in Elm Grove, Louisiana – Everything You Need to Know

Payday loans can be a lifesaver when you need cash quickly, and you don’t have any other options. Whether you need to cover an unexpected expense or want to get through the end of the month, payday loans can help. If you live in Elm Grove, Louisiana, this article provides all the necessary information about payday loans in your area. So, let’s get started.

What Are Payday Loans?

Payday loans are a type of short-term loan that can help you bridge the gap between paychecks. They are typically small loans, ranging from $100 to $1,000 or more, that you can use to cover your expenses until your next payday. Payday loans have a quick approval process, and you can get the funds deposited into your bank account within 24 hours.

How Do Payday Loans Work?

When you apply for a payday loan, you will need to provide some basic information to the lender. This may include your name, address, social security number, and proof of income. Once the lender approves your loan application, they will deposit the funds into your bank account, and you will need to repay the loan plus interest and fees on your next payday.

The Benefits of Payday Loans

  • Quick approval process
  • Fast access to cash
  • No credit check required
  • No collateral required

The Risks of Payday Loans

  • High interest rates and fees
  • Potential for addiction to payday loans
  • Potential for debt spiraling
  • Payday loans may not solve underlying financial problems

Payday Loans in Elm Grove, Louisiana – Interesting Facts and Statistics

  • Payday loans are legal in Louisiana but state regulations prohibit lenders from charging more than 16.75% in interest and fees for a $100 loan over a 2-week period.
  • The average annual interest rate (APR) on payday loans in Louisiana is over 400%.
  • According to a report by Responsible Lending, the payday loan industry drains over $240 million in fees from Louisiana consumers.
  • In 2019, there were over 2 million payday loans taken out in Louisiana.

Apply Now

If you are in need of a payday loan in Elm Grove, Louisiana, look no further than TheGuaranteedLoans. We are a trusted connector service that connects you with potential lenders who can offer you the cash you need. We facilitate the entire process, making it quick and easy for you to find the right lender for your needs. Please note that we are not a direct lender and do not make credit decisions.

Fill out our online application today to get started!

Conclusion

Payday loans can provide you with the cash you need to cover an unexpected expense or get through the end of the month. While there are risks associated with payday loans, they can be a useful tool for you in certain situations. It’s important to do your research and understand the terms and conditions of any loan before you take it out. Remember, TheGuaranteedLoans is here to help you find the right lender for your needs.

F.A.Q.

Can a payday lender garnish my wages in Elm Grove, Louisiana if I default on my loan?

No, payday lenders are not allowed to garnish wages in Elm Grove, Louisiana. However, they may be able to file a civil suit against you to collect the debt if you default on your loan.

Can I be charged with a crime for not paying back a payday loan in Elm Grove, Louisiana?

No, you cannot be charged with a crime for not paying back a payday loan in Elm Grove, Louisiana. However, the lender may take legal action to collect the debt if you default on the loan.