Payday Loans in Eagle Springs, North Carolina

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No payday loan companies in Eagle Springs, NC. Consider companies in other cities:

Company nameAddressZip codePhone number
AFC Automotive Finance Corp. 3714 Alliance Dr 402, Greensboro, NC 27407 +1 (336) 852 - 7067
ACE Cash Express 2107 Beatties Ford Rd Ste 1, Charlotte, NC 28216 +1 (704) 398 - 3794
Fidelity Bank 7000 GB Alford Hwy, Holly Springs, NC 27540 +1 (919) 552 - 3852
National Finance Company 204 W Front St, Burlington, NC 27216 +1 (336) 570 - 9090
Carolina Farm Credit 181 Meadowview Dr, Boone, NC 28607 +1 (828) 264 - 5272
ACE Cash Express 3301 Freedom Drive, ste b, Charlotte, NC 28208 +1 (704) 393 - 0555
Wells Fargo Bank 150 S Fayetteville St, Liberty, NC 27298 +1 (336) 622 - 2274
First National Bank 870 Spring Ln, Sanford, NC 27330 +1 (919) 708 - 7055
Pawn South Lumberton 215 E 2nd St, Lumberton, NC 28358 +1 (910) 671 - 8283
First Citizens Bank 109 W Broadway St, Pink Hill, NC 28572 +1 (252) 568 - 3111

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Eagle Springs, NC, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Chapel Hill, NC, Payday Loans in Charlotte, NC, Emergency Loan in Concord, NC, Emergency Loan in Durham, NC, Emergency Loan in Fayetteville, NC, Payday Loans in Gastonia, NC, Payday Loans in Goldsboro, NC and Bad Credit Loans in Greensboro, NC. 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 Eagle Springs, NC.

Are Payday Loans Legal In Eagle Springs, North Carolina?

Payday Lending is Prohibited in North Carolina

North Carolina Loan Regulations

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

Eagle Springs, NC payday loan calculator

Payday Loans in Eagle Springs, North Carolina: What You Need to Know

If you’re searching for a payday loan in Eagle Springs, North Carolina, you may be out of luck. Payday loans are prohibited in the state of North Carolina, including in the town of Eagle Springs. However, if you’re in need of financial assistance, there are other options available to you that may be a better fit for your situation.

What are Payday Loans?

Payday loans are short-term loans typically due on your next payday. These loans often come with high interest rates and fees and are meant to be a quick fix for financial emergencies. However, they can often lead to spiraling debt for borrowers due to their high fees and the short repayment terms.

Why are Payday Loans Prohibited in North Carolina?

North Carolina passed legislation in 2001 that prohibited payday loans throughout the state. The North Carolina Attorney General’s office cites the high costs of payday loans and the risks of these loans leading to financial ruin for borrowers as the primary reason for this legislation.

What are the Alternatives to Payday Loans in Eagle Springs, North Carolina?

Fortunately, there are other options for financial assistance available in Eagle Springs, North Carolina. These alternatives include:

  • Credit Union Loans: Credit unions often offer personal loans at a lower interest rate and with more flexible repayment terms than payday loans.
  • Government Assistance Programs: If you’re struggling to make ends meet, you may be eligible for government assistance programs such as food stamps or Medicaid.
  • Credit Counseling: If you’re struggling with debt, credit counseling may be able to provide you with resources and guidance to get back on track.

Interesting Facts and Statistics about Payday Loans in North Carolina

  • In 2019, there were 4,762 payday loans made in North Carolina, with an average APR of 365%.
  • In 2019, the total fees paid on payday loans in North Carolina was over $1.2 million.
  • The average payday loan amount in North Carolina is $255.
  • Payday loan borrowers in North Carolina often end up taking out multiple loans due to the difficulty of repaying the initial loan, leading to increased debt and financial strain.

Apply Now

If you’re in need of financial assistance in Eagle Springs, North Carolina, TheGuaranteedLoans can help. We are a connector service that can help connect you with potential lenders. While we are not a direct lender, we can help facilitate the connection process between you and lenders who may be able to help. Fill out our online application today to see how we can assist you.

Remember, payday loans may seem like an easy solution to a financial emergency, but they often come with high costs that can lead to long-term debt and financial strain. Explore all options available to you before considering a payday loan, and reach out to resources like TheGuaranteedLoans for guidance and support.

F.A.Q.

Are payday loans legal in Eagle Springs, North Carolina?

No, payday loans are not legal in Eagle Springs, North Carolina. In fact, the state has some of the strictest laws in the country when it comes to payday lending, and it is one of only a few states that completely prohibits the practice.

What are the consequences of taking out a payday loan in Eagle Springs, North Carolina?

Taking out a payday loan in Eagle Springs, North Carolina is illegal, and violators can face significant penalties, including fines, jail time, and the revocation of their business license.