Payday Loans in Melrose, Montana

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No payday loan companies in Melrose, MT. Consider companies in other cities:

Company nameAddressZip codePhone number
Rocky Mountain Bank 108 E 9th St, Libby, MT 59923 +1 (406) 862 - 2443
Big Sky Mortgage & Loans 21 N Washington Street, 407 N Montana St, Dillon, MT 59725 +1 (406) 683 - 4043
A & L Shoppers Pawn 2101 Harrison Ave, Butte, MT 59701 +1 (406) 782 - 9000
Stahlberg, Manuel & Associates 100 Cooperative Way 100, Kalispell, MT 59901 +1 (406) 257 - 8399
Montana Auto Finance 274 6th Ave W N, Kalispell, MT 59901 +1 (406) 257 - 6683
B & B Pawnbrokers 201 2nd Ave S, Great Falls, MT 59405 +1 (406) 454 - 1082
Check Recovery of Montana 1308 12th Ave S, Great Falls, MT 59405 +1 (406) 761 - 8256
U.S. Bank Branch 104 E Main St, Bozeman, MT 59715 +1 (406) 585 - 5222
Montana Commercial Credit Inc 1106 Central Ave, Great Falls, MT 59401 +1 (406) 268 - 9840
ATM First Montana Bank 504 Mineral Ave, Libby, MT 59923 +1 (406) 293 - 0280

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Melrose, MT, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Without a Credit Check in Billings, MT, Payday Loans in Bozeman, MT, Payday Loans in Great Falls, MT, Online Loans in Helena, MT and Payday Loans in Missoula, MT. 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 Melrose, MT.

Are Payday Loans Legal In Melrose, Montana?

Loan Rates and Fees, Laws and Regulations in Montana.

Montana Loan Regulations

Legal StatusLegal (at a low cost)
Interest Rate (APR, %)36% small loan cap
Maximum Loan Amount$300
Minimum Loan Term14 days
Maximum Loan Term31 days
Number of Rollovers Allowed0
Finance Charges$1.39 for a $100 loan given for 2 weeks

Melrose, MT payday loan calculator

What You Need to Know about Payday Loans in Melrose, Montana

If you find yourself in a financial bind and need cash quickly, a payday loan might seem like the answer to your problems. Payday loans are small loans that are typically due in full on your next payday. In Montana, payday loans are legal, but they must be given at a low cost to the borrower. Here’s what you need to know about payday loans in Melrose, Montana.

Understanding Payday Loans

Payday loans are designed to be a short-term solution for those who need cash quickly. They are typically unsecured loans, meaning they are not backed by collateral. Instead, lenders rely on the borrower’s income and credit rating to approve the loan.

In Montana, payday loans are limited to $300 or less and must be repaid within 31 days. The interest rate on payday loans in Montana is capped at 36%, which is considerably lower than the rates in some other states.

Applying for a Payday Loan in Melrose, Montana

To apply for a payday loan in Melrose, Montana, you will need to provide your name, address, social security number, and employment information. You will also need to provide your bank account information so that the lender can deposit the loan funds directly into your account.

Once you have applied for the loan, the lender will typically make a decision within a few minutes. If you are approved, the funds will be deposited into your account within one business day.

The Pros and Cons of Payday Loans

  • Pros: Payday loans are easy to apply for, and the funds are typically available quickly. They can be a helpful option for those who need cash quickly and don’t have access to other types of credit.
  • Cons: Payday loans have high interest rates and fees, which can make them expensive in the long run. Borrowers who are unable to repay the loan in full by the due date may be subject to additional fees and interest charges.

Prior to taking out a payday loan, it is important to carefully consider the pros and cons and determine whether it is the right option for your financial situation.

Interesting Facts and Statistics about Payday Loans in Melrose, Montana

  • Montana is one of 38 states that allow payday lending.
  • The average payday loan in Montana is $255.
  • In 2019, more than 134,000 payday loans were issued in Montana.
  • The average APR on a payday loan in Montana is 652%.

Apply Now on TheGuaranteedLoans

At TheGuaranteedLoans, we connect borrowers with potential lenders who can provide payday loans in Melrose, Montana. We are not a direct lender, but we can help you find a lender who meets your needs.

To get started, simply fill out our online application and we will match you with a lender who can provide the cash you need quickly and at a low cost. Our application process is quick and easy, and you can receive a decision within minutes.

Don’t let unexpected expenses stress you out. Apply for a payday loan today and get the cash you need to take care of your financial obligations.

F.A.Q.

Can I file for bankruptcy to discharge my payday loan debt in Melrose, Montana,

Yes, you can file for bankruptcy to discharge your payday loan debt in Melrose, Montana. However, keep in mind that bankruptcy should only be considered as a last resort, and it will have long-term consequences on your credit and ability to obtain credit in the future. It is important to explore all other options before deciding to file for bankruptcy.

Are payday loans legal in Melrose, Montana,

Yes, payday loans are legal in Melrose, Montana. However, there are certain regulations in place to protect borrowers from predatory lending practices. For example, the maximum interest rate that a lender can charge on a payday loan in Melrose, Montana is 36%, and there are limits on the fees that lenders can charge.

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