Payday Loans in Zurich, Montana

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

Company nameAddressZip codePhone number
LA Pro Loan Servicing Software 555 Zoot Enterprises Ln, Bozeman, MT 59718 +1 (757) 229 - 4433
First Interstate Bank 1101 N Center Ave, Hardin, MT 59034 +1 (406) 665 - 3822
Stephanie Balthazar Fairway Independent Mortgage Corporation Loan Officer 408 9th St S, Great Falls, MT 59405 +1 (406) 231 - 8974
Focus Financial 81 8th St 3, Belgrade, MT 59714 +1 (406) 388 - 2827
Redwater Valley Bank 300 Main St, Circle, MT 59215 +1 (406) 485 - 4782
First Community Bank 300 Main St, Ashland, MT 59003 +1 (406) 784 - 2302
Citizens Bank & Trust Co 32 Central Ave N, Harlowton, MT 59036 +1 (406) 632 - 4373
Wells Fargo Home Mortgage 11 S 7th St 110, Miles City, MT 59301 +1 (406) 232 - 2731
Eastern Montana Title Co 1413 Main St, Miles City, MT 59301 +1 (406) 232 - 1111
Whitefish Credit Union 107 Pond St, Thompson Falls, MT 59873 +1 (406) 827 - 5626

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Zurich, MT, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Billings, MT, Payday Loans in Bozeman, MT, Payday Loans in Great Falls, MT, Payday Loans in Helena, MT and Online 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 Zurich, MT.

Beautiful sights of Zurich, MT

Are Payday Loans Legal In Zurich, 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

Zurich, MT payday loan calculator

Payday loans are a useful tool for individuals and families who need a short-term cash injection to cover unexpected or emergency expenses. For residents of Zurich, Montana, payday loans are a legal and low-cost option for those who find themselves in a financial bind.

What are Payday Loans?

Payday loans are a type of short-term lending that is designed to help individuals and families who need cash fast. These loans are typically unsecured and have higher interest rates than traditional personal loans or credit cards. However, the advantage of payday loans is that they are fast and easy to obtain, making them a popular choice for people who need cash quickly.

How Payday Loans Work in Zurich, Montana

In Zurich, Montana, payday loans are regulated by the Montana Division of Banking and Financial Institutions. This means that lenders must follow certain rules and guidelines when offering payday loans to consumers.

Maximum Loan Amount: The maximum loan amount for payday loans in Zurich, Montana, is $300. This means that borrowers cannot take out more than $300 at a time.

Loan Term: The loan term for payday loans in Zurich, Montana, is 31 days or less. This means that borrowers must pay back the loan within 31 days of taking it out.

Interest Rates: The maximum interest rate that can be charged on payday loans in Zurich, Montana, is 36%. This rate includes all fees and charges associated with the loan. For example, if a borrower takes out a $100 loan for two weeks, the maximum amount they will be charged in interest and fees is $6.

Benefits of Payday Loans

There are several benefits to payday loans that make them an attractive option for people who need cash quickly:

  • Fast and Easy: Payday loans are simple and easy to obtain. Borrowers can typically get approved and receive their funds within 24 hours.
  • No Credit Check: Most payday lenders do not require a credit check to approve a loan. This makes them an option for people with bad or no credit.
  • No Collateral: Payday loans are unsecured, which means borrowers do not have to put up any collateral (such as a car or house) to get approved for a loan.
  • Convenient: Payday loans can be applied for and obtained online or in person. This makes them a convenient option for busy individuals or those who do not have access to traditional banking services.

Risks of Payday Loans

While there are advantages to payday loans, there are also risks that borrowers should be aware of:

  • High Interest Rates: Payday loans come with high interest rates and fees. Borrowers who cannot pay back the loan on time could end up paying more in interest and fees than they borrowed in the first place.
  • Potential Debt Cycle: Some borrowers may find themselves in a debt cycle if they take out multiple payday loans or are unable to pay back their loan on time. This can lead to long-term financial problems and damage to credit.
  • Unregulated Lenders: While payday loans in Zurich, Montana, are regulated, there are still unregulated lenders operating in the state. These lenders may charge higher fees and interest rates, putting borrowers at risk of financial harm.

Interesting Facts about Payday Loans in Zurich, Montana

Here are some interesting facts and statistics about payday loans in Zurich, Montana:

  • In 2020, there were over 167,000 payday loans issued in Montana, totaling over $52 million.
  • The average interest rate for a payday loan in Montana is 651%. This is significantly higher than the maximum rate of 36% allowed by law.
  • In 2020, there were 34 licensed payday loan operators in Montana.
  • Since 2010, the number of payday loan operators in Montana has decreased by more than 60%.

Apply Now

If you are in need of a payday loan in Zurich, Montana, TheGuaranteedLoans can help. We are a connector service, not a direct lender, and can help connect you with potential lenders who may be able to offer you a loan.

To apply for a payday loan through TheGuaranteedLoans, simply visit our website and fill out an online application. We will review your information and connect you with lenders who may be able to offer you a loan. Remember to only borrow what you can afford to pay back and to read all terms and conditions before accepting a loan offer.

Thank you for choosing TheGuaranteedLoans as your lending partner.

F.A.Q.

Are there any restrictions on how payday lenders in Zurich, Montana can advertise their services,

Yes, there are restrictions on how payday lenders in Zurich, Montana can advertise their services. For example, they are not allowed to use false or misleading advertising, and must clearly disclose all fees and interest rates associated with their loans.

Are there any resources available to help me manage my payday loan debt in Zurich, Montana,

Yes, there are resources available to help you manage your payday loan debt in Zurich, Montana. For example, you can contact a credit counseling agency or a non-profit debt management organization to get advice and assistance with managing your debts.

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