Pennsylvania Payday loans

Are Pennsylvania payday loans legal?

Pennsylvania payday loans are not legal according to State law. This is because interest rates are usually high and the State has capped the APR for Pennsylvania payday loans. Also, companies are required to be licensed for both stores and online shops.

Alternatives to Pennsylvania  payday loans

Here is a list of companies that offer Pennsylvania payday loans or alternatives. Please do your research as each offer has their own advantages and disadvantages.

Other options to consider instead of Pennsylvania payday loans

Pennsylvania payday loan costs

Regardless of the type of credit you are given by a Pennsylvania lending institution, you always have to pay the money back plus all fees and interest you signed up for. The interest you pay comes down to your credit history, the type of credit line you want, your employment history and your relationship with the institution itself. There are usually many types of fees such as application, disbursement, late payment and settlement fees.   We recommend you read the fineprint before you consider a Pennsylvania payday loan or similar. Remember that depending on the loan type there will be a non-sufficient funds fee, that is, if your check bounces you will pay a fine.