Payday Loans in Paeonian Springs, Virginia

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 Paeonian Springs, VA. Consider companies in other cities:

Company nameAddressZip codePhone number
60 West Pawn 640 N Lee Hwy, Lexington, VA 24450
Carter Bank & Trust 200 College St, Christiansburg, VA 24073 +1 (540) 382 - 0281
Aim Premium Finance Co 8975 Three Chopt Rd 200, Richmond, VA 23229 +1 (804) 282 - 1064
Navient Solutions, Inc. 2001 Edmund Halley Dr, Reston, VA 20191 +1 (703) 810 - 3000
NORTH STATE ACCEPTANCE 10437 Midlothian Turnpike, Richmond, VA 23236 +1 (804) 320 - 1356
EZ Money Car Title Loans 8260 Willow Oaks Corporate Dr, Fairfax, VA 22031 +1 (757) 209 - 2785
Blue Eagle Credit Union 2121 Electric Rd, Roanoke, VA 24018 +1 (540) 342 - 3429
Colonial Farm Credit 2987 River Rd W, Goochland, VA 23063 +1 (804) 556 - 5723
Mariner Finance 210 Arthur Way, Newport News, VA 23602 +1 (757) 969 - 6400
Capital One Bank 521 Fletcher Dr, Warrenton, VA 20186 +1 (540) 341 - 8050

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in Paeonian Springs, VA, you can try to find different companies in big cities near by. Check out the following pages here: Quick Loan in McLean, VA, Payday Loan for Mechanicsville, VA, Bad Credit Loans in Newport News, VA, Payday Loan Without a Credit Check in Norfolk, VA, Payday Loans in Oakton, VA, Payday Loan Companies in Petersburg, VA, Payday Loans in Portsmouth, VA and Short-term Loans in Reston, VA. 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 Paeonian Springs, VA.

Beautiful sights of Paeonian Springs, VA

Are Payday Loans Legal In Paeonian Springs, Virginia?

Loan Rates and Fees, Laws and Regulations in Virginia.

Virginia Loan Regulations

Legal StatusLegal
Interest Rate (APR, %)36% APR (in reality can reach 601%*)
Maximum Loan Amount$500
Minimum Loan TermNot Specified
Maximum Loan Term30 days
Number of Rollovers Allowed0
Finance Charges36% APR

Paeonian Springs, VA payday loan calculator

Payday Loans in Paeonian Springs, Virginia: Your Guide to Emergency Cash

When you’re facing unexpected expenses and running low on cash, payday loans can be a lifesaver. This type of loan is designed to provide quick access to emergency funds, without requiring extensive credit checks or collateral. If you’re considering taking out a payday loan in Paeonian Springs, Virginia, here’s what you need to know.

Payday Loans: How They Work

A payday loan is a short-term, high-interest loan designed to help borrowers meet unexpected financial needs. These loans are typically due in full on your next payday, hence the name. In Virginia, payday loans are legal and commonly used as a way to cover bills, car repairs, medical expenses, or other emergency costs.

When you apply for a payday loan, you’ll typically need to provide proof of income, banking information, and personal identification. If you’re approved, you’ll receive the loan amount, minus any fees and interest, directly to your bank account. On your due date, the loan and all interest and fees will be automatically deducted from your account.

Benefits of Payday Loans

  • Quick and easy application process
  • No collateral required
  • No extensive credit checks
  • Funds deposited directly to your bank account
  • Flexible repayment options

While payday loans can be a useful tool for those in financial need, they do come with some risks and considerations. It’s important to be aware of the potential drawbacks before taking out a payday loan.

Drawbacks of Payday Loans

  • High interest rates
  • Short repayment term
  • Can lead to a cycle of debt if not paid back on time
  • No protection from aggressive debt collection practices

Payday Loans in Paeonian Springs, Virginia

If you’re considering a payday loan in Paeonian Springs, Virginia, it’s important to know the laws and regulations in your state. Virginia law allows payday loans up to $500, with a term of up to 45 days. Lenders are allowed to charge a maximum of 36% annual percentage rate (APR) plus a $5 verification fee.

When choosing a lender, it’s important to do your research and compare rates and fees. Look for lenders that are licensed by the Virginia State Corporation Commission and registered with the Better Business Bureau. Beware of lenders that offer too-good-to-be-true deals or engage in aggressive advertising tactics.

Interesting Facts and Statistics about Payday Loans in Paeonian Springs, Virginia

  • According to a report from the Virginia Poverty Law Center, Virginia has some of the weakest payday lending laws in the country, allowing lenders to charge exorbitant interest rates and fees.
  • In 2019, more than 95,000 Virginians took out a payday loan, with an average loan amount of $395.
  • A study by the Pew Charitable Trusts found that the average payday borrower is in debt for five months out of the year, spending an average of $520 in fees to borrow $375.

Apply Now

If you’re in need of emergency cash and considering a payday loan, TheGuaranteedLoans is here to help. Our online platform connects borrowers with potential lenders, making it easy to find the right loan for your needs. We are not a direct lender, but rather a connector service that facilitates the loan application process. Complete our online application today and get matched with a lender who can help you get the funds you need.

F.A.Q.

Can I be sued or have my wages garnished for defaulting on a payday loan in Paeonian Springs, Virginia?

Yes, if you default on a payday loan in Paeonian Springs, Virginia, the lender may pursue legal action against you to recover the outstanding debt. This could include suing you in court and obtaining a judgment against you, which could lead to wage garnishment or other collection actions.

Can a payday lender repossess my property if I default on my loan in Paeonian Springs, Virginia?

No, payday lenders in Paeonian Springs, Virginia are not allowed to repossess property in order to recover a defaulted loan. However, if you have provided a post-dated check as collateral for the loan, the lender may be able to cash the check in order to recover the outstanding debt.