Payday Loans in Lebeau, Louisiana

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

Company nameAddressZip codePhone number
Security Finance 501b St Mary St, Thibodaux, LA 70301 +1 (985) 447 - 7711
Advance America 2210 EE Wallace Blvd. North, Ferriday, LA 71334 +1 (318) 757 - 2335
American Cash Advance 2104 Manhattan Blvd C, Harvey, LA 70058 +1 (504) 227 - 1070
Quick Cah 4327 Airline Hwy, Baton Rouge, LA 70805 +1 (225) 356 - 8222
Tower Loan 150 S 10th St, Oakdale, LA 71463 +1 (318) 335 - 0940
Cash 2 U 1131 Airline Dr Ste C, Bossier City, LA 71112 +1 (318) 746 - 1477
World Finance Corporation 341 South Dr b, Natchitoches, LA 71457 +1 (318) 356 - 9777
People's Small Loan Services Inc 105 W Alabama Ave, Ruston, LA 71270 +1 (318) 251 - 9588
Quik Cash 910 S Vienna St #7, Ruston, LA 71270 +1 (318) 242 - 7487
IBERIABANK 576 N Parkerson Ave, Crowley, LA 70526 +1 (337) 521 - 4681

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Lebeau, LA, you can try to find different companies in big cities near by. Check out the following pages here: Short-term Loans in Prairieville, LA, Online Loans in Shreveport, LA, Payday Loans in Baton Rouge, LA, 24-Hour Loan in Bossier City, LA, 24-Hour Loan in Houma, LA, Payday Loan Companies in Kenner, LA, Payday Loans in Lafayette, LA and Payday Loans in Lake Charles, 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 Lebeau, LA.

Are Payday Loans Legal In Lebeau, 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

Lebeau, LA payday loan calculator

Understanding Payday Loans in Lebeau, Louisiana

Payday loans are small, short-term loans that are designed to be repaid in full on the borrower’s next payday. These loans are often used by individuals who need quick cash to cover unexpected expenses or emergencies.

In Louisiana, payday loans are legal, but there are laws in place to protect borrowers from predatory lending practices. If you’re considering a payday loan in Lebeau, Louisiana, it’s important to understand the regulations first.

How do payday loans work in Louisiana?

Payday loans in Louisiana are regulated by the Louisiana Office of Financial Institutions. According to Louisiana law, lenders are allowed to offer loans up to $350 with a maximum term of 60 days. Lenders are also allowed to charge a finance charge of up to 16.75% of the loan amount and a $20 documentation fee. The total amount of fees and interest cannot exceed 55% of the original loan amount.

When you apply for a payday loan, the lender will require proof of income, such as a pay stub or bank statement. The lender may also require a post-dated check or electronic access to your bank account. If you are approved for a loan, you will receive the loan amount, minus fees and interest, in cash or directly deposited into your bank account.

What are the requirements to qualify for a payday loan?

To qualify for a payday loan in Louisiana, you must:

  • Be at least 18 years old
  • Have a valid ID
  • Have a checking account
  • Have proof of income

It’s important to note that payday lenders may also consider your credit score and debt-to-income ratio when determining whether to approve your loan application.

What are the benefits of payday loans?

Payday loans can provide several benefits, including:

  • Quick access to cash
  • No credit check required (in some cases)
  • No collateral required
  • Can help with unexpected expenses or emergencies

However, it’s important to remember that payday loans are a short-term solution and can be expensive due to high interest rates and fees.

Interesting Facts and Statistics

  • In Louisiana, the average payday loan amount is $350
  • There are over 800 payday loan storefronts in Louisiana
  • In 2020, Louisiana residents borrowed over $250 million dollars in payday loans
  • The average APR for a payday loan in Louisiana is 391%

Apply Now

If you’re considering a payday loan in Lebeau, Louisiana, TheGuaranteedLoans can help. We are a connector service that works with a network of lenders to help you find a loan that meets your needs. To get started, simply fill out our online application and we’ll match you with potential lenders. Remember, we are not a direct lender and we do not make credit decisions. We are here to facilitate the connection between you and potential lenders.

Don’t let unexpected expenses or emergencies catch you off guard. Fill out our application today and take the first step toward getting the financial help you need.

F.A.Q.

Is it legal to take out a payday loan in Lebeau, Louisiana?

Yes, payday lending is legal in Lebeau, Louisiana, as long as lenders follow the state's regulations and guidelines.

How do I find a reputable payday lender in Lebeau, Louisiana?

To find a reputable payday lender in Lebeau, Louisiana, you can check with the state's Office of Financial Institutions to see if the lender is licensed and in good standing. You can also read reviews and compare offers from different lenders to ensure you are choosing a reputable and trustworthy provider.