Payday Loans in East Springfield, New York

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in East Springfield, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
DCG Home Loans Inc 180 Varick St, New York, NY 10014 +1 (212) 620 - 4700
Discount Merchant Funding 1393 Veterans Memorial Hwy 202s, Hauppauge, NY 11788 +1 (844) 334 - 0192
Roslyn Savings Bank, a division of New York Community Bank 167 Shore Rd, Port Washington, NY 11050 +1 (516) 883 - 8200
Adirondack Regional Federal Credit Union 280 Park St, Tupper Lake, NY 12986 +1 (518) 359 - 2921
Tracey Road Equipment Binghamton 1523 US-11, Kirkwood, NY 13795 +1 (607) 775 - 5010
David's Check Cashing 57-59 US-9W, West Haverstraw, NY 10993 +1 (845) 429 - 6808
R&J Capital Mortgage & Loan Broker Jackson Heights 70-07 Northern Blvd 770, Jackson Heights, NY 11372 +1 (718) 215 - 8602
Citizens Bank 5 Eastview Mall Dr, Victor, NY 14564 +1 (585) 223 - 0110
Champlain National Bank 7558 Court St, Elizabethtown, NY 12932 +1 (518) 873 - 6347
Fulton Savings Bank 75 S 1st St, Fulton, NY 13069 +1 (315) 592 - 4201

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in East Springfield, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Buffalo, NY, Payday Loans in Carmel, NY, Payday Loans in Centereach, NY, Guaranteed Loans in Central Islip, NY, Payday Loans in Cicero, NY, Online Loans in Clarence, NY, Payday Loans in Clay, NY and Payday Loans in Clifton Park, NY. 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 East Springfield, NY.

Beautiful sights of East Springfield, NY

Are Payday Loans Legal In East Springfield, New York?

Payday Lending is Prohibited in New York

New York Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

East Springfield, NY payday loan calculator

Important Notice: Payday loans are prohibited in New York.

Introduction: Understanding Payday Loans

If you’re strapped for cash and need a quick loan, you may have come across payday loans. These short-term loans are designed to be paid back on your next payday and can be a lifesaver for some people. However, it’s essential to understand how payday loans work and the risks involved. In East Springfield, New York, payday loans are prohibited by state regulations. This means that if you live in East Springfield, you cannot legally obtain a payday loan.

How Payday Loans Work

Payday loans are typically small, short-term loans. The amount you can borrow depends on the lender, but typically ranges from a few hundred to a few thousand dollars. You provide the lender with a post-dated check for the loan amount plus fees, or permission to withdraw the funds from your checking account on your next payday.

The fees for payday loans can be high, with APRs reaching up to 400 percent or more. While the loan itself may be small, the fees can quickly add up, making it difficult to pay off the loan. Additionally, if you are unable to repay the loan on time, you may be subject to additional fees and high interest rates.

Payday Loans in East Springfield, New York

As previously mentioned, payday loans are prohibited in New York, including East Springfield. This is because the state considers these loans to be predatory lending practices. While there is no cap on interest rates in New York, payday lenders are subject to the state’s usury laws, which prohibit any loans with interest rates above 25 percent.

While it may be tempting to turn to payday loans when you’re in a financial bind, it’s important to consider the risks involved. In addition to being illegal in East Springfield, these loans can be extremely costly and can leave you in a cycle of debt.

Alternatives to Payday Loans

If you’re in need of cash, there are several alternatives to payday loans. One option is to look into traditional loans from banks or credit unions. While these loans may take longer to obtain, they typically have lower interest rates and fees.

Another option is to consider borrowing from friends or family members. While this can be an uncomfortable conversation to have, it may be a better alternative than taking out a payday loan.

If you’re struggling to make ends meet, there are several community resources that can help. Non-profit organizations such as the East Springfield Community Action Network provide assistance with food, housing, and utility bills.

Interesting Facts and Statistics about Payday Loans

  • The average payday loan borrower takes out eight loans per year, spending a total of $520 on interest on a $375 loan.
  • Payday loans cost Americans $4.1 billion in fees annually.
  • 12 million Americans use payday loans each year, with an average loan amount of $375.
  • Payday lenders are four times more prevalent in states with relaxed payday loan laws.

Apply Now

While payday loans are illegal in East Springfield, if you’re in need of a loan, TheGuaranteedLoans can help connect you with potential lenders. As a connector service, we help match borrowers with lenders who may be able to provide the financial assistance they need. Our online application process is quick and easy, and we work to ensure you get the best possible loan terms. Click the link below to get started.

Apply now and get a loan that fits your needs!

F.A.Q.

Are there any alternatives to payday loans in East Springfield, New York?

Yes, there are several alternatives to payday loans in East Springfield, New York, including credit unions, community development financial institutions, and small-dollar loan programs offered by banks and credit unions.

Can I still take out a payday loan if I live in East Springfield, New York but the lender is based in another state?

No, it is illegal for payday lenders to offer loans to residents of New York, regardless of where the lender is located.