Payday Loans in Flatwoods, Louisiana

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

Company nameAddressZip codePhone number
TNT Lending 13202 US-90, Boutte, LA 70039 +1 (985) 785 - 2770
First Heritage Credit 345 Gause Blvd W, Slidell, LA 70460 +1 (985) 643 - 6370
World Finance 121 Carolina Ave Ste B, Bogalusa, LA 70427 +1 (985) 732 - 0508
Payday Today 1971 Florida Ave SW, Denham Springs, LA 70726 +1 (225) 665 - 3645
Money In A Flash 3568 Youree Dr, Shreveport, LA 71105 +1 (318) 869 - 3181
Heritage Bank of St. Tammany 707 Main St 9711, Madisonville, LA 70447 +1 (985) 202 - 0300
Sunbelt Credit 2600 Highway 28 E, Suite D, Pineville, LA 71360 +1 (318) 561 - 2225
Southland Finance Co 107 S Lake Arthur Ave, Jennings, LA 70546 +1 (337) 824 - 2271
Cash Cow 843 Tunica Dr E, Marksville, LA 71351 +1 (318) 253 - 0708
EZ Cash 2625 Paris Rd, Chalmette, LA 70043 +1 (504) 278 - 1225

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Flatwoods, LA, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Metairie, LA, No Credit Check Loans in Monroe, LA, Online Loans in New Iberia, LA, Payday Loans in New Orleans, LA, Payday Loan for Prairieville, LA, 24-Hour Loan in Shreveport, LA, No Credit Check Loans in Baton Rouge, LA and Emergency Loan in Bossier City, 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 Flatwoods, LA.

Are Payday Loans Legal In Flatwoods, 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

Flatwoods, LA payday loan calculator

The Pros and Cons of Payday Loans in Flatwoods, Louisiana

If you’re in a financial bind and need quick access to cash, payday loans may seem like an attractive solution. Typically, these loans offer small amounts of money that can be borrowed and repaid quickly – usually within two to four weeks. In Flatwoods, Louisiana, payday loans are legal, but it’s important to understand the pros and cons before you decide to take one out.

The Pros of Payday Loans in Flatwoods, Louisiana

  • Quick and easy access to cash: Payday loans provide you with the ability to get cash quickly, often within 24 hours of application approval. This is especially important if you have an urgent expense or bill that needs to be paid immediately.
  • No credit check: Unlike traditional loans, payday lenders often do not require a credit check. This means that even if you have poor credit, you may still be able to be approved for a payday loan.
  • Convenient application process: Most payday lenders in Flatwoods, Louisiana offer an online application process, making it easy to apply for a loan from the comfort of your own home.

The Cons of Payday Loans in Flatwoods, Louisiana

  • High interest rates: Payday loans often have higher interest rates than traditional loans, making it important to pay the loan back in full as soon as possible to avoid incurring excessive interest fees.
  • Short repayment terms: While the short repayment terms of payday loans can be a pro, they can also be a con. If you are unable to repay the loan in full within the allotted time frame, you may be subject to additional fees and charges.
  • Debt cycle: Payday loans are meant to be a short-term solution to financial problems. However, if you find yourself unable to repay the loan in full on the due date, you may be tempted to take out another loan to cover the first. This can lead to a cycle of debt that is difficult to break free from.

Interesting Facts and Statistics about Payday Loans in Flatwoods, Louisiana

  • In Louisiana, it is legal to take out a payday loan for up to $350, with a repayment term of 60 days or less.
  • In 2019, Louisiana payday loan borrowers paid an average of 391% APR (Annual Percentage Rate), compared to the national average of 355% APR.
  • The maximum finance charge for a $100 payday loan in Louisiana is $30.
  • In 2020, over 550,000 payday loans were taken out in Louisiana, with a total loan amount of over $220 million.

Apply Now with TheGuaranteedLoans

If you’ve decided that a payday loan is right for you, we encourage you to check out TheGuaranteedLoans’ website. As a connector service, we work with a network of potential lenders who can help you get the cash you need quickly and easily.

Our online application process is simple and secure, and you can apply 24/7 from the comfort of your own home. Just remember that payday loans should be a short-term solution to a financial problem, and it’s important to only borrow what you can afford to repay.

Apply today and see if we can match you with a potential lender to help you get the cash you need!

F.A.Q.

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

No, there are no specific restrictions on how payday loan funds can be used in Flatwoods, 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 Flatwoods, Louisiana?

Yes, you can still apply for a payday loan in Flatwoods, 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.