Payday Loans in Lake Hill, New York

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No payday loan companies in Lake Hill, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
TD Bank 101-10 Metropolitan Ave, Forest Hills, NY 11375 +1 (718) 575 - 2791
Sterling National Bank 1149 Wantagh Ave, Wantagh, NY 11793 +1 (516) 221 - 1010
Brian McCormick - Ameriprise Financial Services, LLC 640 Johnson Ave Ste 201, Bohemia, NY 11716 +1 (631) 582 - 9770
Northwest Bank 500 Center St, Lewiston, NY 14092 +1 (716) 754 - 2901
Citizens Bank 2200 Penfield Rd, Penfield, NY 14526 +1 (585) 377 - 2330
Davids Check Cashing Inc 868 Prospect Ave, Bronx, NY 10459 +1 (718) 842 - 6699
Sneeringer Monahan Provost 50 Chapel St 2, Albany, NY 12207 +1 (518) 434 - 0127
Greater Chautauqua FCU 51 E Main St, Falconer, NY 14733 +1 (716) 665 - 3799
David's Check Cashing 57-59 US-9W, West Haverstraw, NY 10993 +1 (845) 429 - 6808
Peter Crocker Fairway Independent Mortgage Corporation Senior Loan Officer 1200 Veterans Memorial Hwy Suite 102, Hauppauge, NY 11788 +1 (631) 255 - 3359

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Lake Hill, NY, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loan Companies in Hempstead, NY, Payday Loans in Henrietta, NY, Same Day Loans in Hicksville, NY, Payday Loans in Huntington, NY, Payday Loans in Huntington Station, NY, Payday Loan Companies in Islip, NY, No Credit Check Loans in Ithaca, NY and Payday Loans in Jamestown, 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 Lake Hill, NY.

Are Payday Loans Legal In Lake Hill, 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

Lake Hill, NY payday loan calculator

The Truth About Payday Loans in Lake Hill, NY

Payday loans are a controversial topic across the United States, and it’s no different in Lake Hill, New York. While these types of loans are appealing to those in financial distress, it’s essential to understand their harmful impact in the long run.

What are Payday Loans?

A payday loan is a short-term loan that usually lasts for two weeks. It’s designed to provide money to cover immediate expenses such as rent, bills, or emergency medical costs. These loans are generally offered with no credit check, which makes them accessible to borrowers with poor credit scores.

Why are Payday Loans Prohibited in New York?

While payday loans may seem like a solution, they come with high-interest rates, making it easy for borrowers to fall into an endless cycle of debt. On top of that, payday loans have been proven to be a predatory practice, taking advantage of those in desperate need of cash.

Due to the high interest rates and predatory lending practices, payday loans have been banned in New York since 2009. The law prohibits payday loan lenders from charging more than 25% interest per annum and imposes stiff fines on lenders that violate these regulations.

How Can You Avoid Payday Loans?

If you’re in a financial bind, there are several alternatives to payday loans in Lake Hill, NY. Here are some suggestions:

  • Consider a credit union loan.
  • Apply for assistance from a government program such as SNAP or LIHEAP.
  • Consider getting a cash advance through your employer.
  • Ask friends or family for a loan.

Interesting Facts About Payday Loans in Lake Hill

Here are some facts about payday loans in New York:

  • New York is one of the several states that prohibit payday loans entirely.
  • In 2019, the Consumer Financial Protection Bureau proposed to repeal the payday loan rule to remove significant consumer protections against predatory payday lending.
  • The average payday loan in New York carries an annual percentage rate (APR) of 400%.

Apply Now

While we don’t offer payday loans in Lake Hill, NY, TheGuaranteedLoans can connect you with lenders who offer a range of loan options, such as title loans and personal loans. If you’re in need of immediate financial assistance, we encourage you to fill out our online application form. Remember, TheGuaranteedLoans is a connection service, not a direct lender. We can help facilitate the connection between you and potential lenders.

Don’t fall into the trap of predatory lending practices. Contact TheGuaranteedLoans today to explore all your options for securing the financial relief you need.

F.A.Q.

Can I get a payday loan with bad credit in Lake Hill, New York?

No, payday loans are not available in Lake Hill, New York regardless of credit history.

Can I get a payday loan without a checking account in Lake Hill, New York?

No, payday loans are not available in Lake Hill, New York regardless of banking status.